NPR FINANCE LTD., a Comp. floated by reputed Nand Lal Todi Group of Companies, was incorporated on 12th of June, 1989 by name and style of NPR Finance Pvt. Limited. Subsequently on 30th September, 1989, it was converted into a deemed Public Limited Comp. [ under Sec 43A[1Cs] of Companies Act, 1956s] and consequently the word Private' was deleted from its name.
The Comp. is engaged in the activities of Hire Purchase and leasing of commercial vehicles, cars and earth moving equipments and bills discounting. The stock on hire and gross leased assets as on date is over Rs. 1000 lacs.
The Comp. has been expanding operations & today has Branch Offices in New Delhi, Madras & liaison office in Bhubaneswar, catering to the financial needs of various clients at a national level.
CURRENT BUSINESS
The Comp. is currently engaged in the business of lease, hire purchase of commercial vehicles, cars, earth moving equipments and bills discounting and recently commenced real estate development.
With regards to the business of Real Estate, the Comp. has recently entered into an agreement for purchase of 40 bighas of land in the District of North 24 Parganas for developmental purposes.
SUBSIDIARIES OF THE COMPANY
The Comp. has no subsidiaries.
2002-Narendra Kumar Bajori resigns from Directorship of NPR Finance