The "AKS CREDITS LIMITED" was incorporated on March 19, 1991 under the Companies Act, 1956 as a Private Limited Company with an objective of leasing and hire-purchase business. It was incorporated in the national capital territory of Delhi. The Company was converted into a Public Limited Company and accordingly a fresh certificate of incorporation (consequent upon change of name on conversion to public limited Company) was issued by Registrar of Companies, Delhi & Haryana on 3rd May, 1993.
The company is a Non Banking Finance Company registered under Sec. 45-IA of the Reserve Bank of India Act, 1934 as a Non Deposit taking NBFC with an objective to finance.
The Company initiated the hire-purchase activities in June 1991 when the first hire-purchase agreement was made. While continuing with the Hire-Purchase division in 1992-93, the company started the leasing business in March 1993. The leasing and Hire Purchase business gained momentum in 1993-94 and thereby gaining considerable experience in these lines of business activities. The company diversified into investment into shares and other securities in December, 1993.
Presently the company is engaged in the business of Hire-Purchase, Lease finance and Investment in securities. We have a skilled and dedicated team of professionals who have vast experience in this field. The company is listed on Calcutta Stock Exchange (CSE) and Metropolitan Stock Exchange of India Limited (MSEI)