February 20, 2018 12:47 PM ET

Diversified Financial Services

Company Overview of Kapashi Commercial Ltd.

Company Overview

Kapashi Commercial Ltd. engages in financing business in India. The company was incorporated in 1985 and is headquartered in Mumbai, India.

NISHUVI

4th Floor

75, Dr. Annie Besant Road

Worli

Mumbai,  400018

India

Founded in 1985

2 Employees

Phone:

91 22 4300 5100

Fax:

91 22 4300 5105

Key Executives for Kapashi Commercial Ltd.

Wholetime Director
Age: 81
Chief Financial Officer
Company Secretary & Compliance Officer
Total Annual Compensation: 126.0K
Compensation as of Fiscal Year 2017.

Kapashi Commercial Ltd. Key Developments

Kapashi Commercial Ltd. Reports Standalone Unaudited Earnings Results for Third Quarter and Nine Months Ended Dec. 31, 2017

Kapashi Commercial Ltd. reported standalone unaudited earnings results for third quarter and nine months ended Dec. 31, 2017. For the quarter, the company reported revenue from operations of INR 1.243 million compared to INR 1.857 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1.008 million compared to INR 1.576 million a year ago. Profit from ordinary activities before tax was INR 1.008 million compared to INR 1.576 million a year ago. Net profit was INR 0.693 million or INR 0.69 per basic and diluted share (after extraordinary) compared to INR 1.363 million or INR 1.36 per basic and diluted share (after extraordinary) a year ago. For the nine months, the company reported revenue from operations of INR 3.691 million compared to INR 5.832 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 2.210 million compared to INR 4.412 million a year ago. Profit from ordinary activities before tax was INR 2.210 million compared to INR 4.412 million a year ago. Net profit was INR 1.595 million or INR 1.60 per basic and diluted share (after extraordinary) compared to INR 3.540 million or INR 3.54 per basic and diluted share (after extraordinary) a year ago.

Kapashi Commercial Ltd. Appoints Amita Rajnikant Shah as an Additional Director (Independent Director) and Member of Audit Committee and Nomination Remuneration Committee

The board of directors at its meeting held on February 7, 2017 have approved the appointment of Ms. Amita Rajnikant Shah as an Additional Director (Independent Director) with effect from February 7, 2018 to hold office up to the date of the upcoming Annual General Meeting. Further the Board appointed Ms. Amita Rajnikant Shah as a Member of Audit Committee and Nomination Remuneration Committee with immediate effect.

Kapashi Commercial Ltd. Announces Appointment of Varsha Praful Dalal as Chairperson

Kapashi Commercial Ltd. announced the appointment of Ms. Varsha Praful Dalal as chairperson of the board in place of Mr. Sevantilal Shantilal Kapashi.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 30, 2017
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Merger/Acquisition
December 30, 2017
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