The company was originally incorporated in New Delhi as ‘Achal Investments Limited’ on July 14, 1980 under the provisions of Companies Act, 1956 vide certificate of incorporation issued by the Registrar of Companies, NCT of Delhi & Haryana.
Achal Investments has focus on small finance and works with low-income families to provide financial solutions. It is also in the business of providing term loan and working capital support to traders and medium sized enterprises.
Achal Investments welcomes all the Investors to a highly committed & dependable financial services organization that strives to deliver the best of Investment related Services.
The Equity Shares of the company is listed at Delhi Stock Exchange since 1995.
The main objects to be pursued by the company:
- To finance, facilitate, encourage, promote and assist in the establishment and growth of Industries and Industrial Undertaking, Subject to the provisions. To take part in the formation, supervision and control of the business or operations of any company or undertaking and for that purpose to appoint and remunerate any directors, officers or other experts or agents. To sell or otherwise dispose of any of the property or investments of the company, not in the nature of stock in trade.
- To acquire, underwrite, hold, sell transfer, hypothecate and otherwise dispose of shares, stocks debentures, debenture stocks, bonds, obligations and securities issued or guaranteed by any company constituted or carrying on business in Republic of India.
- To borrow or otherwise raise money with or without security and /or by issue or sale of any bonds, mortgages, debentures and stocks of the company, whether perpetual or otherwise, and to advance and lend money and assets of all kinds upon such terms as may be arranged and to lend, invest or otherwise deal with the moneys either with or without interest or security.
- To carry on the business of the company established with the object of financing industrial enterprises within the meaning of Companies Act, 1956 and to make loans give guarantees and provide securities to or behalf of anybody Corporate.
Business area of the company:
The company is engaged in the business of financing, encouraging, promoting and assisting in the establishment and growth of industries and industrial undertakings and to take part in the formulation, supervision and controlling the business or operations of the any company or undertaking and for that purpose to appoint and remunerate any director, officers, or other experts or agents.