| Mother Mira Finance and Investments Ltd. was incorporated on 31st January, 1994 with the Registrar of companies, Tamil Nadu at Madras and obtained the certificate of commencement of business on 24/02/94. Mother Mira Finance and Investments Ltd. is a Non-banking Financial Services Company in the private sector. It is at present engaged in the business of Hire Purchase, Lease Financing and Bills Discounting. The company with its existing capital base of Rs. 219 lakhs could mobilise in a short span or 9 months fixed deposits from the public to the extent of Rs. 64 lakhs. Though the company is new, the group companies namely, Mohan Breweries & Distilleries Ltd. and Thirumagal Mills Ltd. are well established in business and as such it would derive benefits from the business contacts established by these companies. PRESENT ACTIVITIES OF THE COMPANY The company with a paid up capital of Rs. 219 lakhs and a deposit base of Rs. 64 lakhs is at present actively engaged in the business of Hire Purchase, Leasing and Bill discounting. |
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