Diggi Multitrade Ltd. Company History and Annual Growth Details

The Company was incorporated as ÂDiggi Securities Private LimitedÂ under the provisions of the Companies Act, 1956 on December 1, 2010 bearing ÂCorporate Identity Number U65900MH2010PTC210471, issued by Registrar of Companies, Maharashtra, Mumbai. Subsequently, the name of the Company was changed from ÂDiggi Securities Private LimitedÂ to ÂDiggi Multitrade LimitedÂ vide fresh Certificate of Incorporation dated June 5, 2014. the Company was converted from a private limited company to a public limited company vide fresh Certificate of Incorporation consequent upon conversion to public limited company dated June 18, 2014 issued by Deputy Registrar of Companies, Registrar of Companies, Mumbai, Maharashtra with the Corporate Identity number U65900MH2010PLC210471. For details regarding the incorporation and history, please refer to the chapter titled ÂHistory and Certain Corporate MattersStructureÂ

Chanchal Deepak Sharma and Pawankumar Kanhaiyalal Sharma were the initial subscribers to the Memorandum and Articles of Association of the Company.

Initially, the Company was involved in the business of carrying on trading activities by dealing in stock market in all kinds of securities and other financial products. We began investing and trading in equity shares (quoted and non-quoted), derivatives and other financial products. Unlike broking companies, we did not carry out trading and investment activity or offer financial services and products to or on behalf of other investors or clients and hence did not require a license or registration with SEBI or any other concerned regulatory authorities or regulations governing the business of operating a broking outfit.

In the year 2013-2014, the management of the Company decided to discontinue the business of trading in shares and securities and forayed in the business of trading in fabrics, real estate and allied activities and construction material and consequently the main objects of the Company was altered to reflect the said line of business.

Key Events and Milestones in the History of the Company

2010

- Incorporation of the Company

2011-13

- Trading in shares and securities

2013-14

- Change in main objects and business model

2014-15

- Conversion of the Company from private to public

2015-16

- Change in the main objects

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