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History of Roselabs Finance Ltd.

The Comp. was incorporated as a Public Limited Comp. on 4th January 1995 in the State of Gujarat at Ahmedabad & obtained certificate of Commencement of business on 5th January, 1995 with the object of exploiting the fast growing financial service sector which has a tremendous potential in view of recent liberalisation policies of the Government. The Comp. is engaged in all kinds of financial activities & services including providing lease finance & investment activities & intend to develop it as a professionally managed Comp. by expanding its branches and marketing network all over the country.

The Comp. has been promoted by Mr. Pawankumar Agrawal, a young & dynamic technocrat cum entrepreneur, who is looking after the family business since last eight years. He has been instrumental in promoting M/S Roselabs Limited, the Comp. manufacturing Vat Dyes with successful track record.

PRESENT BUSINESS OF THE COMPANY

The Comp. has been promoted by Mr. Pawankumar Agrawal & his associates. It has on its Board, directors having specialised knowledge & vast experience in the field of business & financial services including Lease, Hire Purchase & Investment activities. The Comp. has started its operations since last three Months in the dimension of lease, hire purchase & portfolio investment activities. The Comp. has planned to expand its activities in the area of leasing & hire purchase business & to part finance the same the Comp. proposes to raise the fund by issue of shares to public.