About
Basic Data Updated:
23 days agoBanas Finance Ltd, formerly known as Pioneer Leasing Company Limited, is a company that is currently engaged in the business of finance and investment. According to the company's filings, its main focus is on operating as a non banking finance company. Its primary objective is to engage in the purchase, leasing, factoring, and financing of hire-purchase, as well as the lease of various types of plants and machinery, motor vehicles, motor boats, trawlers, launches, ships, vessels, helicopters, aircrafts, automobiles, computers, or any other equipment. Additionally, BFL also operates as investors and dealers in shares, stocks, and securities, and serves as capitalists, financiers, and concessionaires. It is authorized to undertake, carry on, and execute all kinds of financial, commercial, and trading operations. The company was incorporated in 1983 and is headquartered in Mumbai, Maharashtra.
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
CIN/LLPIN/FCRN | L65910MH1983PLC030142 |
Company No. | 030142 |
Stock Symbol | BSE : 509053 |
Company Classification | Public Limited Indian Non-Government Company |
Incorporation Date | 06 Jun 1983 |
Date of AGM | 30 Sep 2023 |
Date of Balance Sheet | 31 Mar 2023 |
Listing Status | Listed |
ROC Code | Roc Mumbai |
Financials of Banas Finance Ltd
Banas Finance Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 79.32% decrease. The company also saw a substantial fall in profitability, with a 178.95% decrease in profit. The company's net worth dipped by a decrease of 6.16%.
Corporate Structure
Unlock access to Banas Finance's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Banas Finance Ltd
Unlock and access historical data on people associated with Banas Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
TA
Tanu Agarwal CEOAppointment Date: 07-Mar-2024
Status: Current
PN
Prajna Naik Company SecretaryAppointment Date: 15-Apr-2019
Status: Current
BM
Babita Mehta CFOAppointment Date: 10-Aug-2023
Status: Current
Board Members(4)
Charges (Loans)
There are no open charges registered against the company as per our records.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Banas Finance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Banas Finance's trajectory.
Rating
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Alert
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
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Recent activity within the organization
Director Appointment
Tanu Giriraj Agarwal was appointed as a Ceo was appointed as a Ceo on 07 Mar 2024 & has been associated with this company since 2 months 13 days .
07 Mar 2024Annual General Meeting
Banas Finance Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
30 Sep 2023Balance Sheet
Banas Finance Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
31 Mar 2023Director Appointment
Chirag Goyal was appointed as a Director was appointed as a Director on 31 Dec 2020 & has been associated with this company since 3 years 4 months .
31 Dec 2020Director Appointment
Prajna Naik was appointed as a Company Secretary was appointed as a Company Secretary on 15 Apr 2019 & has been associated with this company since 5 years 1 month .
15 Apr 2019
Recent News, Updates & Announcement
- Banas Finance Board Meeting No Updates Just a Boring Waste of Time BSE NoUpdates WasteOfTime.
When you finally have a board meeting but all you have to say is nothing happened BanasFinance BSE BoardMeeting NoUpdates Boring WasteOfTime.
Moneycontrol 14 Feb 2017
- New Job Alert Nikita Joshi Joins Banas Finance as Company Secretary and Compliance Officer BSE Announcement Expected.
When youre about to get a new job but gotta announce it to the world first NewJobWhoDis BanasFinance BoardMeeting NikitaJoshi CompanySecretary ComplianceOfficer BSE Announcements.
Moneycontrol 24 Nov 2016
Frequently asked questions
What is the Incorporation or founding date of Banas Finance Ltd?