History of Integrated Financial Services Ltd.

The Comp. was incorporated on 4th March 1992 as a Public limited Comp. & obtained the certificate of commencement of business as on 17th March 1992. The Comp. has been promoted by Sh. S.C. Khaneja and his assoicates. Shri S.C. Khaneja is a member of Bombay Stock Exchange. The Comp. is actively involved in rendering Corporate Advisory Services & financial services since its incorporation. On 01-02-1994 the Comp. obtained SEBI authorisation to act as a merchant banker in category III. Since then the Comp. has Underwritten more than 40 Issues & has acted as Advisors in almost 20 public & Rights issue.

MAIN OBJECTS TO BE PURSUED BY THE COMPANY:

1. To Carry on the business of finance in all its aspects & to Syndicate any financial.arrangements whether in demestic market or in international market & to acquire & hold membership in any association of bankers, merchant bankers, insurance companies, brokers, security dealers or commodity dealers or any other associations, membership of which will or likely in any way to facilitate the conduct of the Company business & to undertake the work of factoring of bills & other commercial papers, & to arrange and/or co-ordinate documentation & negotiation in this regard.

2. To act as financial consultants, joint managers, lead managers, Co-Managers, advisers & counsellors in investment & capital market, to under-write, sub-underwrite, or to provide standby or procurement arrangement, to issue guarantees or to give any other commitments for subscription for securities, to manage portfolio investments, to provide financial & investment assistance for purposes herein, to act as issue house, registrars to issue, transfer agents, for securities, to manage & administer computer centres & clearing houses for securities, to form syndicates or consortia of managers, agents & purchasers for or of any of securities, to acquire & hold one or more memberships in stock/security exchanges, trade associations or otherwise in India or any part of world to act as brokers, dealers & agents in connection with the securities, bullions & precious metals.

3. To give financial advice and/or offer, given, take, circulate and/or otherwise organise, accept or implement any takeover bids, amalgamations, acquisitions, diversification, rehabilitation or restructuring of any business concern, undertaking, company, body corporate, partnership firm or any other association of persons whether incorporated or not, by acquisition of shares or assets & liabilities, & whether as a going concern or as a part of concern, or otherwise as may be required having regard to business exigencies & to procure incorporation, or setting up of concerns & undertaking whether as company, body corporate, partnership or any other association of persons for engaging in the industrial, commercial or business activities.

4. To render services to the clients in preparing prospectus, Letter of offer, underwriting/standby arrangements, in respect of Capital Issues of Clients.

5. To carry on the business of commission agents, brokers, factors, consultants, representatives, middleman in financial matters.

PRESENT BUSINESS ACTIVITIES OF THE COMPANY

Presently the Comp. is engaged in providing corporate advisory services to various clients. The Comp. is also a category III merchant banker. It provides issue advisory services & underwriting support to public issues coming to the capital market. It is also engaged in buying & selling of securities.

2000 - The Board has issued 29,00,000 No. of equity shares of Rs 10 each at par out of unissued share capital of Comp. by way of private placement on preferential basis to promoters, directors, their relatives, associates & other persons not covered under promoter group as the board may think fit, proper and appropriate.

2008

- Integrated Financial Services Ltd has also appointed Mr. S P Oberoi as an independent & Non-executive Director of Company.