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Object Clause of Finance and Investment company

1. To carry on the business of finance company and deploy funds and other monies of company or the purchase, sale, exchange, surrender, subscription, acquisition, acquisition,  undertaking, conversion or otherwise dealing in shares, stocks, units, debentures including debenture stock, bonds, securities, warrants, negotiable instruments, T-bills, deposits, commercial papers, options, futures, derivates, money market and capital market securities, and securities of any kind issued or guaranteed by any government, local authorities, public sector undertakings, corporations, trusts, funds, and other organizations, entities, persons, and companies including securities issued by asset management company, asset reconstruction company, asset securitization company and any other company in any manner, of whatever nature, in India or elsewhere.

2. To carry on the business as an investment trust company and to underwrite, sub- underwrite, invest in and acquire and hold, sell, buy, or otherwise deal in shares, debentures, debentures stocks, bonds, units, and securities issued or guaranteed by Indian or foreign company, corporation, firm or person incorporated or established in India or elsewhere.

3. To carry on hire purchase and leasing business and to undertake all types of leasing and hire purchase business by lease or let on hire or the hire purchase systems, all kinds of machinery, plant, equipment, ships, vehicles, factories, including office and communication systems, consumer goods and articles of every description, movables and immovable property and to finance instruments of all descriptions and to arrange or syndicate leasing or hire purchase, bill discounting, purchase, finance discounting, rediscounting bills of exchange, discount and acceptance house.

4. To carry on the business of investment advisors, merchant banker, underwriter, portfolio manager, debt arranger, advisor for debt issuance and to carry on investment advisory services, financial consultancy services, stock broking, asset management activities, venture capital, custodial services, factoring, credit reference agencies, credit rating agencies, housing finance, foreign exchange broking, offering term loan(s), inter-Corporate Deposits, offering all kinds of credit facilities, whether secured or unsecured, to provide micro credit and rural credit in accordance with and to the extent permissible under the applicable regulations in respect of each of the above activities in India or elsewhere, and to provide and to engage in all businesses as may be related or ancillary to the aforesaid business areas and to give guidance and surveys and suggest ways and means for improving efficiency in investment opportunities, trades, business and organizations, and industries of all kinds in India.