Gujarat Lease Financing Share Price

Guj. Lease Fin.

CMP as on 01-Dec-22 9:41

₹ 2.95
0.10 3.51%

Open

₹ 2.95

Turnover (lac)

Prev. Close

₹ 2.85

Day's Vol (shares)

₹ 50

Day's Range (₹)

₹ 2.95
₹ 2.95

CMP as on30-Nov-22 14:36

₹ 3.04
0 0%

Open

₹ 3.04

Turnover (lac)

Prev. Close

₹ 3.04

Day's Vol (shares)

₹ 105

Day's Range

₹ 3.04
₹ 3.04

Gujarat Lease Financing (GLFL) was formed in Jul.83 as a wholly-owned subsidiary of the Gujarat Industrial Investment Corporation (GIIC) to provide financial services for all-round development of industries in and around Gujarat. The company commenced operations in 1985 and went public in 1990, reducing GIICs stake to 51%. In 1994, GIIC entered into a joint-sector agreement with the Torrent group and reduced its stake to 26%, with the Torrent group holding 25%.GLFL also undertakes investment banking and securities-related credit. With a plan to diversify, during 1991-92, the merchant banking division became operational and the company was registered as a category-I merchant banker with the SEBI. GLFL has also entered housing finance with the launch of GLFL Housing Finance in Mar.93 and got it recognised by the National Housing Board. GLFL Securities, a fully-owned subsidiary of GLFL, has the corporate membership of the BSE and the NSE in the debt as well as capital market segments and also trades on the Ahmedabad Stock Exchange. To venture into real estate development, GLFL Realities was incorporated in 1995. GLFL International was also established in the same year to set up branches in Singapore and Dubai. In 1995-96, the retail finance division started a scheme for financing commercial vehicles.The High court of Gujarat has approved the company for Scheme of Compromise and Arrangement for Debenture Holders-Series E & F,and the company has made adequate arrangement of fund to pay the liabilities of Rs.5713 lacs to the E & F Debenture Holders.

  • Director

    Kavita Mandan
  • Non-Exec. & Independent Dir.

    Raghu Parakh
  • Director

    SAURABH RAMESHBHAI MASHRUWALA
  • Director

    Leena Katdare
  • Addtnl Non-Executive Director

    Luna Pal
  • Chairperson

    Animesh Mehta
  • Independent Director

    Narayan Meghani
  • Company Sec. & Compli. Officer

    Parag Dave

Registered Office

6th Floor Hasubhai Chambers,
Opp Town Hall Ellisbridge,Ahmedabad,
Gujarat-380006

REGISTRAR OFFICE

101 Shatdlal Complex,
Ashram Road,Ahmedabad - 380009
INDIA