Nahar Capital and Financial Services Limited is an India-based non banking finance company. The Company_x0012_s business is investment in shares, debentures, stock, bonds and securities of any kind issued by companies, banks, mutual funds, any authority, central, state, municipal, local and to invest subscribe, purchase, acquire and/or sell or otherwise place funds by way of deposit to any body corporate, firm, person, any other authority or association. _x000D_ _x000D_ The Company is engaged in investment activities. Its investment activities comprise of investment portfolio consisting of securities held as capital assets and trading portfolio consisting of securities held as stock in trade. The Company may also undertake new activities, such as financial consultancy, merchant banking, underwriting business, stock broking, and other miscellaneous finance activities. _x000D_ _x000D_ Nahar Capital and Financial Services Limited was incorporated on 31st March, 2006 as Public Limited Company under Companies Act, 1956 with the object of carrying on Investment Business, which was hived off from NAHAR SPINNING MILLS LIMITED pursuant to the Scheme of Demerger and Arrangement duly approved by Hon`ble Punjab and Haryana High Court, Chandigarh as per Order dated 21st December, 2006._x000D_ _x000D_ The Company registered with Reserve Bank of India (RBI) vide its Registration No. N-06.00588 dated 22nd January, 2008 as Non Deposit Taking Non Banking Financial Company (NBFC). The Company has been categorized as Systematically Important Non Deposit Taking Non Banking Financial Company (NBFCs-ND-SI) as per Non Banking Financial (Non Deposit Accepting or Holding) Companies Prudential Norms Directions, 2007 of Reserve Bank of India._x000D_ _x000D_ The main business activity of the Company is to carry on the business of investment in shares, debentures, stock, bonds and securities of all kinds and other businesses generally carried on by finance and investment companies. The Company is doing investment activities with long term perspective as well as doing trading business to avail the benefits of short term investment/financial opportunities in the present market conditions._x000D_