The company was incorporated as Franklin Leasing and Finance Private Limited on March 16, 1992 under the Companies Act, 1956, having its Registered Office in Delhi. Subsequently, the company became a Public Limited Company in pursuance to a special resolution passed by the members of the company at the EGM held on September 10, 2013 and the name of the company was changed to Franklin Leasing and Finance Limited. A fresh Certificate of Incorporation consequent to conversion to a public limited company was issued on February 13, 2014 by the Registrar of Companies, New Delhi.

The company is a Non Deposit taking Non-systemically Important Non Banking Finance Company (NBFC-ND-NSI), engaged primarily in the business of advancing loans and investing/trading in securities. The company is running on a modest operating scale till the mid of FY 2013-14.

Business area of the company

The company is a NBFC registered with RBI to carry on NBFC Activities under Section 45-IA of the Reserve Bank of India Act, 1934 bearing Registration no. B-14.02383 dated May 22, 2001.

Major Event

• 1992: Incorporation of the company.
• 2001: Received RBI License to carry its NBFC Activities (Non Deposit Taking Non Systemic).
• 2003: Buy- Back of 4,350 shares by the company.
• 2013: The company’s current Individual Promoter Pawan Dalmia was inducted on the Board.
• 2014: Conversion of the company into a Public Limited Company.
• 2015: Sub division of the face value of the equity shares from Rs 100 to Rs 10 each.
• 2015: Issue of bonus shares.