Sakthi Finance Share Price

Sakthi Finance

CMP as on 04-Dec-14 0:00

₹ 18.90
-0.30 -1.56%

Open

₹ 19.50

Turnover (lac)

₹ 2

Prev. Close

₹ 19.20

Day's Vol (shares)

₹ 12,943

Day's Range (₹)

₹ 17.30
₹ 19.50

CMP as on01-Jul-22 15:25

₹ 21.00
-0.15 -0.71%

Open

₹ 21.00

Turnover (lac)

₹ 1

Prev. Close

₹ 21.15

Day's Vol (shares)

₹ 9,089

Day's Range

₹ 19.05
₹ 21.80

Promoted by N Mahalingam in 1955 as The Pollachi Credit Society Pvt Ltd, the name was changed to Sakthi Finance (SFL) in 1967. N Mahalingam is the chairman, and M Balasubramaniam is the managing director.SFL is in the business of mobilising deposits, hire-purchase financing and leasing of vehicles, machinery, mortgage financing, renting out safe deposit lockers, etc. In Apr.93, it came out with a rights issue of 32.1 lac equity shares (premium : Rs 20), aggregating Rs 9.63 cr. The issue was to partly meet the Rs 66 cr required for deployment in hire-purchase and leasing.SFL has drawn out plans to increase deployment further. It will lay more emphasis on truck finance as demand for commercial vehicles is showing an upward trend.SFL is a category-I merchant banker and has received a licence from SEBI in 1994. Hire-purchase is the companys principal line of business.The total deposits with the company as on 31.03.2001 stood at Rs.115.38 crores as against Rs.126..34 crores in the previous year.

  • Chairman

    M Manickam
  • Vice Chairman & M.D.

    M Balasubramaniam
  • Independent Director

    P S Gopalakrishnan
  • Director

    M Srinivaasan
  • Independent Director

    A Selvakumar
  • Company Secretary

    S Venkatesh
  • Independent Director

    Priya Bhansali
  • Independent Director

    K P Ramakrishnan
  • Director (Finance & Operation)

    S Veluswamy

Registered Office

62 DR NANJAPPA ROAD,,
P B NO 3745,Coimbatore,
Tamil Nadu-641018

REGISTRAR OFFICE

Surya 35 Mayflower,
Road,Coimbatore - 641 028
INDIA