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NBI Industrial Finance Co. Ltd. is a Non-Banking Financial Company(NBFC) registered with the Reserve Bank of India. The Company is engaged mainly in investment in shares in securities & financial activity. The Company has long-term orientation in its investments and mainly invests in listed equities.
N. B. I. Industrial Finance Co. Ltd. (#NBIFIN) is making changes to its core business objectives (Memorandum of Association) to align with RBI requirements for a Type-I NBFC-ND. **Issue:** The company's existing MOA includes provisions for 'lending' and 'borrowing', which need to be removed to officially categorize as a Type-I...
N.B.I. Industrial Finance's board approved Q1 results (ended June 30). Company posted total income of ₹0.42 Cr, resulting in a net loss of ₹0.35 Cr. Note: Q4 March 2025 figures were restated due to identified errors.
N.B.I. Industrial Finance Company has announced a board meeting on 22nd August to approve the financial results for the quarter and half-year. The company reported strong financial performance with total revenue at ₹1,399.03 lakhs and a profit after tax of ₹848.50 lakhs for the year ended March 31, 2025. Dividend...
N.B.I. Industrial Finance faces a Rs. 7.91 Cr stamp duty demand linked to shares issued during its amalgamation with Western India Commercial Co. The company views this as excessive and is seeking legal advice. No penalties or operational constraints have been applied yet.
N.R.I. Industrial Finance Company Limited reported its financial results for the quarter and nine months ended December 31, 2024. Total revenue from operations reached ₹62.30 Cr for the quarter and ₹786.59 Cr for the nine months, primarily driven by interest income and dividend contributions. The company faced total expenses of...