Consolidated Finvest and Holdings, a part of the BC Jindal group, is a non-banking finance company. It was formed when restructuring the erstwhile Jindal Photo. The photographic films business of Jindal Photo was demerged to its wholly-owned subsidiary Consolidated Photo Products with effect from April 01, 2004, which was renamed as Jindal Photo. The resulting company was then renamed as Consolidated Finvest and Holdings.
The company focuses on maximizing returns from its investment portfolio. It holds investments in all companies under the BC Jindal group as well as the mutual funds and other quoted securities. Its income is primarily from the sale of investments, dividend and interest.
The registered office of the company is located at 19th Km, Hapur-Bulandshahr Road, PO Gulaothi, Bulandshahr-245408, Uttar Pradesh.
Subsidiaries of the company:
- Jindal Photo Investments
- Jindal Meadows
- Jesmin Investment
Group companies:
- Jindal Polyfilms
- Jindal Photo
- Jindal (India)
- Rexor
- Jindal Thermal Power
- Soyuz Trading Company
- Rishi Trading Company
- Consolidated Photo and Finvest