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History of Atharv Enterprises Ltd.

Wellworth Finlease Limited was originally incorporated on 26th December, 1990, under the Companies Act, 1956 as Private Limited Comp. in the name of R.S Agrawal Financial Consultancy Private Limited and subsequently the name of Comp. has been changed as Wellworth Finlease Limited by passing the Special Resolution in its Extra Ordinary General Meeting held on 15th December, 1992 & certificate to that effect was obtained from Registrar of Companies. Maharashtra on 25th January, 1993.

The Comp. is engaged to provide various type of financial services such as Inter-Corporate Deposits, Bill Discounting & short term deposits & consultancy services in the various fields including administration, commercial, secretarial, accounting, taxation, formation of companies, preparation of project feasibility reports & to act as an Advisor/Consultant to Issues.

The Comp. obtained Registration from SEBI for Registered Merchant Banker Category III to carry on the Merchant Banking Activities in the capacity of Advisors/Consultants & Underwriters to the Issues since 1st April, 1993. After getting the registration the Comp. is continuously providing the above services to its Corporate clients.

The Comp. has been providing consultancy services in the area of project & finance to small & medium scale industries, syndication in inter Corporate deposit, corporate consultancy, issue advisory & underwriting services in the field of Merchant Banking. At present the company has some Issue Advisory Assignments lined up & the issues are expected to be launched during the last quarter of 1994 to the middle of 1995. The Comp. has started syndication of lease financing, hire purchase, inter corporate deposits, investment banking, short term deployment of corporate/trust funds & trading of securities.