Easun Capital Markets Ltd Company Summary

Easun Capital Markets Limited was incorporated in 1982 as a public limited company. Presently, the Company is registered with the Reserve Bank of India Non Deposit Accepting NBFC and offers and engaged in the business of Investment in share and securities of listed and unlisted entities and providing of loan and advance to SME.The Company is mainly into investing in and acquiring and holding shares, stocks, debentures, bonds, mutual funds and/or other securities issued or guaranteed by any company constituted or carrying on business in India and/or by any Government, state, public body or authority. It is also into funding for short term requirements of group entities.

The major revenue of the Company has been generated by way of carrying out the activity of investment in shares, securities and mutual funds, and interest earnings on loans, i.e., NBFC activities.The Company listed 52, 29,209 equity shares having the face value Rs 10 each with BSE Limited dated January 17, 2020. Thereafter, the Company resumed operations in a phased manner after Unlock phase commenced in the country, depending upon the functioning of business operational synergies. NBFCs often take lead role in providing innovative financial services to Micro, Small, and Medium Enterprises (MSME) most suitable to their business requirements.

The characteristics of NBFC financial services include simpler processes and procedures in sanction and disbursement of credit; timely, friendly and flexible terms of repayment aligned to the unique features of its clientele, albeit at a higher cost.