Rishab Financial Services Ltd. Company History and Annual Growth Details

Madan Financial Services Limited was incorporated on 10th October, 1990 as Madan Capital Markets Pvt Ltd. and subsequently the name was changed to Madan Financial Services Pvt. Ltd. and a fresh certificate of incorporation subsequent to change of name was obtained on 11th April, 1991. The name of the Company was changed to Madan Financial Services Ltd. and a fresh certificate of incorporation subsequent to change of name was obtained on 31st March, 1995.

Madan Financial Services Limited was promoted by Shri. Madan Chand Darda, of Madan & Co.(Now Madan & Co. Limited) member of the Madras Stock Exchange Limited and his associates. Shri Madan Chand Darda is amongst the prominent primary market intermediaries in the country. Madan & Co. Ltd is ranked 8th amongst Stock Brokers on All India PIP
(Prime Index of Performance) Basis for the period April 1994 to December 1994. Source: Prime data base.

2002

-Madan Financial Services Ltd has informed BSE that Mr V K Padmanabhan has ceased to be a Director of the Company on account of his demise on March 15, 2002.

-Madan Financial Services Ltd has informed that Mr Deoraj Darda, Director of the Company had resigned from the Board and Mr Sunil M Darda had been reappointed as Managing Director with effect from June 01, 2002 without remuneration.

2008

- Company name has been changed from Madan Financial Services Ltd to Rishab Financial Services Ltd.

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article