A Oneindia Venture

Banas Finance Ltd. Company History and Annual Growth Details

2011
-Company has splits its Face value of Shares from Rs 10 to Re 1

2014
- Banas Finance Ltd has discussed and approved to commence the business of Gold loan as per RBI norms.

2017
-The Company has splits its face value from Rs. 1/- to Rs. 10/-.

2020
-NCLT has approved the scheme of merger for Proaim Enterprises Limited, Axon Ventures Limited and Rockon Enterprises Limited with Banas Finance Limited.

2022
-The company issued rights shares of Rs. 10 in the ratio of 24:25 at a premium of Rs. 10 per share.

2024
-The company issued rights shares of Rs. 10 in the ratio of 1:1 at par.

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