The company was incorporated on 1st January, 1985 as a Public Limited Company in the name & style of “Panafic Industrials” under the provisions of Companies Act, 1956 with Registrar of Companies, NCT of Delhi and Haryana with the main objects of financing industrial enterprises by way of making loans and advances, specially, Private Companies in India. The company is dealing in Shares, Stocks, Debentures, Bonds, Securities and other investments. The company also finances, Corporations and Other Individuals by way of loans or advances or subscribing to capital.

Business area of the company:

The main operation of the company is to finance industrial enterprises by way of making loans or advances mainly to private industrial enterprises in India and dealing in sale purchase of the Securities.