News & Announcements

Dematerialization of Physical Shares

This is to inform you that Securities and Exchange Board of India (“SEBI”) vide it’s Notification No. SEBI/LAD-NRO/GN-2018/24 dated 8th June, 2018 has amended the Regulation 40 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 whereby it has been mandated that after 180 days from the date of the said Circular requests for effecting transfer of securities shall not be processed unless the securities are held in the dematerialization form with the depository. In compliance with the aforesaid amendment, any request received on or after 5th December, 2018 for transfer of equity shares of the Company held in physical will not be proceeded by the Company.

History of the Company

Orchid Securities Limited was incorporated under the Companies Act, 1956 on 9th March, 1994 and it Commenced its business operation on 15th March, 1994. Being a NBFC its main objective is to finance industrial enterprise. Apart from it the company purchases, acquires, hold and dispose of otherwise deal in and invest in shares, debentures and other securities.

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