| Citi Port Financial Services Limited. was incorporated at
Madras in TamilNadu as a Private Ltd. Company under the
name and style of Citi Port Financial Services Private
Limited on 1st July. 1992 under the Companies Act, 1956.
The Company was converted into Public Limited and a Fresh
Certificate of Incorporation was obtained on May 28, 1993.
The company has no link with any financial Corporation
/Institution or Bank or any other reputed group.
PRESENT BUSINESS
At present the Company is engaged in the leasing of
vehicles. and Investment in Stocks & Shares. The
Investment presently is being done both in the primary as
well as the Secondary markets. The decisions regarding
Investments are taken by a investment committee which
constitutes the Board of Directors. The total portfolio of
the company is around Rs 53.04 lacs valued at cost as on
31.03.95. The vehicles presently being leased includes two
wheelers and Cars. The leasing is primarily being done to
other group companies. Some of these items are also being
leased to individuals. The company has plans to expand into
leasing of other items like computers and heavy machineries
too, apart from expanding the existing line of leasing of
vehicles.
SUBSIDIARY COMPANIES
The Company has no subsidiaries.
2009
--Registered Office of the Company has been shifted from "41A, Vivek Nagar, Ambathur, Chennai - 53" Tamil Nadu to No.11&12, 2nd Floor, Sri Sai Durga Chamber, Thakur Mansion Lane, Punjagutta, Hyderabad-500082
2010
-Registered Office of the Company has been shifted from No.11&12, 2nd Floor, Sri Sai Durga Chamber, Thakur Mansion Lane, Punjagutta, Hyderabad-500082 to House No. 8-3-678/42/5, 1st Floor, Santosh Manor, Navodaya Colony, Yellareddyguda, Hyderabad-73.
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