Palash Securities Ltd

Summary

Palash Securities Limited was incorporated in March 23, 2015. The Company acts as a Core Investment Company (CIC) as per RBI guidelines and operates in the business to deal, invests in securities, etc. mainly of group companies and in immovable properties. The Company has five subsidiaries. The businesses of the Company are carried out by its wholly-owned subsidiaries. The first three being wholly owned subsidiaries of the Company viz: OSM Investment & Trading Company Limited; Champaran Marketing Company Limited; Hargaon Investment &Trading Company Limited and are registered NBFC with RBI and primarily engaged in investment activities and whereas Hargaon Properties Ltd is a step down subsidiary engaged in investment of properties. And the other wholly owned subsidiary Allahabad Canning Ltd is engaged in the food processing business thereby producing all types of canned fruits & vegetables, jams jellies, Marmalades, juices, tomato ketchup/puree/sauce, vegetable sauces, squashes, breakfast cereals like cornflakes, chocos, white oats etc. The Company aims to create sustainable vision to grow the business and make long-term strategic investments in various new ventures promoted by the Company and its subsidiaries. Apart from its operations in investment in securities including through its wholly owned subsidiaries, the Company continues to be engaged in business of food processing through its subsidiary company i.e Allahabad Canning Limited.With the objective of business... Read More