The company was formally created and deployed as a legal entity on 06th June, 1983, as Pioneer Leasing Company Ltd. With the object of Finance & Investment related activities. The Name of the Company had been changed from Pioneer Leasing Company Ltd. To Banas Finance Limited with effect from 28th August, 1986. Now the company is engaged in finance, Share Trading, Investments, Consultancy and having interest in Realty business which is fast growing.

This BSE Listed Company ( BSE Code: 509053) is managed by the Board of Directors comprising person`s with good business and commercial experience headed by Mr. Girraj Kishor Agrawal, who is professionally a Chartered Accountant, who is looking after the Finance and Administration. Besides the members of the Board, the company have a team of professionals having vast experience in Management, Technical, Finance and operation.