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Kalyani Investment Company Ltd.

BSE: 533302 Sector: Financials
NSE: KICL ISIN Code: INE029L01018
BSE LIVE 15:51 | 22 Sep 1902.00 -98.00
(-4.90%)
OPEN

1936.05

HIGH

1936.05

LOW

1899.00

NSE 15:43 | 22 Sep 1903.35 -69.30
(-3.51%)
OPEN

1940.65

HIGH

1946.05

LOW

1896.00

OPEN 1936.05
PREVIOUS CLOSE 2000.00
VOLUME 201
52-Week high 2097.00
52-Week low 1060.00
P/E 77.38
Mkt Cap.(Rs cr) 831
Buy Price 1902.00
Buy Qty 1.00
Sell Price 0.00
Sell Qty 0.00
OPEN 1936.05
CLOSE 2000.00
VOLUME 201
52-Week high 2097.00
52-Week low 1060.00
P/E 77.38
Mkt Cap.(Rs cr) 831
Buy Price 1902.00
Buy Qty 1.00
Sell Price 0.00
Sell Qty 0.00

Kalyani Investment Company Ltd. (KICL) - Company History

Kalyani Investment Company Ltd is a Non Deposit taking Core Investment Company. The company is holding 90% of its assets in investments in shares of or debts in Group Companies. The company is an investment company holding a varied investment portfolio consisting of both listed and unlisted companies which are in diversified sectors as forging, steel, power generation, chemicals and banking etc. The main business of the company is to carry on the business of an investment company in India or outside India and to buy, underwrite, invest in, acquire, hold and deal in shares, stocks, debentures, debenture-stock, bonds, obligations and securities issued or guaranteed by any company constituted or carrying on business in India or elsewhere and debentures, debenture-stock, bonds, obligations and securities, issued or guaranteed by any Government, State, dominions, sovereign rulers, commissioners, public body or authority, supreme, municipal, local or otherwise, firm or person, whether in India or elsewhere, subject to approval of appropriate authorities. Kalyani Investment Company Ltd was incorporated on June 25, 2009 as a public limited company. The company was incorporated with the purpose of transfer and vesting of 'Investment Division' of Kalyani Steels Ltd and amalgamation of three wholly owned investment subsidiaries of Kalyani Steels Ltd, as a going concern. The company received the certificate of commencement of business on March 25, 2010. As per the scheme of arrangement between the company, Kalyani Steels Ltd (KSL), Chakrapani Investments & Trades Ltd (Chakrapani), Surajmukhi Investment & Finance Ltd (Surajmukhi) and Gladiolla Investments Ltd (Gladiolla), the Investment Division of KSL was transferred to and vested in the company and Chakrapani, Surajmukhi and Gladiolla, the wholly owned subsidiaries of KSL were amalgamated with the company, with effect from October 1, 2009. The scheme became effective on March 31, 2010. The company's equity shares were listed on Bombay Stock Exchange Ltd (BSE), National Stock Exchange of India Ltd (NSE) and Pune Stock Exchange Ltd (PSE) with effect from January 14, 2011. The company is in the process of getting the investments and other assets of the Investment Division of Kalyani Steels Ltd and of the said amalgamating companies transferred in their own name.