Sainik Finance & Industries Share Price

Sainik Finance Industries Limited was incorporated on August 22, 1991 as a Private Limited Company as Garuda Clays Private Limited with Registrar of Companies, NCT of Delhi Haryana. The status got converted from Private Limited to Public Limited Company and the name of the Company was changed from Garuda Clays Private Limited to Garuda Clays Limited on May 2, 1994. Post merger, the name of the Company was changed from Garuda Clays Limited to Sainik Finance Industries Limited and a fresh certificate of incorporation was issued by the Registrar of Companies, NCT of Delhi Haryana on April 6, 2000.Initially, the Company was carrying out the businesses of manufacturing Portland Cement with licensed installed capacity of 200 TPD and PSC Poles with Licensed installed Capacity of 300 PPD. At present, the Company is registered as Non Banking Finance Company NBFC with Reserve Bank of India, New Delhi and also engaged in business of investment finance business like financing of Tippers/ Pay loaders / and other Heavy Earth Moving Machines (HEMM) etc.Later on, Ramanuj Leasing Limited registered as Non Banking Finance Company (NBFC) with Reserve Bank of India, New Delhi, which engaged in business of leasing finance activities got amalgamated / merged with Garuda Clays Limited pursuant to the order of the Honble High Court of Delhi dated November 1, 1999.