ABOUT COMPANY

Our Company was promoted by Late Dr. N. Mahalingam and incorporated as “The Pollachi Credit Society Private Limited” on March 30, 1955 under the Indian Companies Act, 1913. Our Company was later converted into a public limited company and the name of our Company was changed to Sakthi Finance Limited on July 27, 1967 and a fresh Certificate of Incorporation was obtained from Registrar of Companies, Madras. Our Company came out with its first public issue of equity shares in 1984 and mobilized Rs. 75 lakh and the Equity Shares of the Company were listed on BSE, MSE, Delhi Stock Exchange Limited. At present, the Equity Shares of our Company are listed only at BSE. The corporate identification number of our Company is L65910TZ1955PLC000145.

Our Company holds a valid certificate of registration issued by the RBI dated April 17, 2007 bearing registration no. 07-00252 to carry on the activities of a NBFC under section 45IA of the RBI Act, 1934 as an asset finance company-deposit taking. Our Company’s business currently hire purchase financing of commercial vehicles, machinery etc. with its main focus on the financing of pre-owned commercial vehicles. Presently, we have network of 49 branch offices located in Tamil Nadu, Kerala, Andhra Pradesh, Karnataka, Maharashtra, Haryana and Union Territory of Puducherry.