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IMC Finance Ltd.

BSE: 505539 Sector: Financials
NSE: N.A. ISIN Code: INE170F01012
BSE 05:30 | 01 Jan IMC Finance Ltd
NSE 05:30 | 01 Jan IMC Finance Ltd

IMC Finance Ltd. (IMCFINANCE) - Company History

IMC Finance Ltd is a public Company incorporated on 7h September 1982. The Company received a Certificate of Registration from the Reserve Bank of India (RBI) on March 18 1998 to commence/carry on the business of Non-Banking Financial Company (NBFC) without accepting public deposits.However since the company's Net owned Funds were not in consonance with the notification No of RBI during the year 2019 the Company had applied to RBI for cancellation of Registration as NBFC and the same was cancelled vide Order dated 6th August 2018 of the RBI. The Company earns income on investments. It was listed on the Bombay Stock Exchange (BSE). But however effective from 22 November 2018 the Company applied to BSE authorities for de-listing of their shares. Approval is still awaited from BSE authorities.