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History of Dhoot Industries Ltd.

DHOOT HOUSING FINANCE and CONSTRUCTION LIMITED was incorporated on 16.10.1995 under the name of Dhoot Finance Comp. Private Limited, for providing finance in various fields. The Comp. was converted into a Public Limited Comp. on 4.3.1992 & changed its name to DHOOT HOUSING FINANCE and CONSTRUCTION LIMITED. It is presently engaged in executing housing projects in & around Bombay as well as in Thane in Maharashtra. It plans to cater to the growing housing demands of middle & lower income groups.

The main promoter of Dhoot Housing Finance and Constructions Limited is Mr. P.C.Dhoot, the Managing Director of Company. Mr. P.C. Dhoot, an under-graduate, began his career as a financer & builder & has over 15 years experience in these fields. He was also engaged in Textile Trading way back in 1975. He started a construction project in partnersip on a land of approximatley 5.00 lakhs square feet & the same was executed by 1984. In 1984 he started Dhoot Finance Comp. Private Limited, to finance mainly to builders & land developers of western suburbs of Bombay.

The Comp. doesn't have any Subsidiaries within the meaning of Companies Act, 1956.