The Company's main object is Non-Banking Finance activities consisting mainly of investments. The market for this activity offers high potential for growth in view of the growth expected in the Indian economy over the next few years. There have been a number of causes behind growth of Indian economy in last couple of years. A number of market reforms have been instituted by Indian government and there has been significant amount of Foreign Direct Investment made in India. Much of this amount has been invested into several businesses including knowledge process outsourcing industries. India's foreign exchange reserves have gone up in last few years. All of these could help propel the country into high growth.
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BUSINESS SCENARIO

Despite the current positive market sentiment, the management, considering the overall economic scenario and with the objective of safeguarding shareholders’ interests, has decided to park available funds in mutual funds. This decision is aimed at preserving capital while maintaining liquidity and flexibility.