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Dion Global Solutions Ltd.

BSE: 526927 Sector: IT
NSE: FORTISFIN ISIN Code: INE991C01034
BSE 00:00 | 20 Jun 19.55 -0.40
(-2.01%)
OPEN

21.00

HIGH

21.00

LOW

19.55

NSE 05:30 | 01 Jan Dion Global Solutions Ltd
OPEN 21.00
PREVIOUS CLOSE 19.95
VOLUME 1725
52-Week high 71.90
52-Week low 15.60
P/E
Mkt Cap.(Rs cr) 63
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 21.00
CLOSE 19.95
VOLUME 1725
52-Week high 71.90
52-Week low 15.60
P/E
Mkt Cap.(Rs cr) 63
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Dion Global Solutions Ltd. (FORTISFIN) - Company History

Promoted by Ranbaxy Laboratories, Fortis Financial Services (FFSL) was incorporated in Mar.'94. FFSL, together with its associates, have acquired 16.52 lac fully paid-up equity shares of Rs 10 each of the Empire Finance Company (EFCL) at a price of Rs 48.75 per share, representing 43.95% of the voting capital of EFCL, later in Jul' 95 it was amalgamated with the company. The company is engaged in the business of leasing, hire purchase and other related financial services. FFSL went public in Feb.'95 to augment resources to meet the needs of its planned growth. The company obtained its category-I merchant banking registration from SEBI in Apr.'95. The company has been trying hard to recover money from various clients through legal procedures and various other measures and accordingly written off Rs 37.14 cr during the year 1999-2000 in cases where there are no changes of any recovery.