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Jayabharat Credit Ltd logo

Jayabharat Credit Ltd

NSE: BSE: 501311

₹14

(0.71%)

Fri, 02 Oct 2026, 02:00 pm

Company History

1943

  • The Company was incorporated on 25th March at Mumbai.

1968

  • The Company ceased to be a subsidiary of The New Indian Assurance Co. Ltd.

1969

  • Equity shares were subdivided.
  • 2,00,000 bonus equity shares of Rs 10 each were issued in the ratio of 4:5.
  • The Company started hire-purchase and financing activities.

1972

  • 3,00,000 rights equity shares were offered at par in the ratio of 2:3.
  • 40,000 unsubscribed equity shares from the rights issue were offered for public subscription.

1978

  • 5,00,000 shares were issued at par privately.

1985

  • 7,50,000 right equity shares were issued at par in the ratio of 3:5.

1986

  • 10,00,000 right equity shares were issued at par in the ratio of 1:2.

1990

  • The Name of the Company was changed from Jayabharat Credit & Investment Co. Ltd. to Jayabharat Credit Ltd.

1993

  • 20,00,000 shares were allotted at a premium of Rs 5 each on a rights basis.

2003

  • The Company recommended a dividend of 10%.

2008

  • The Company recommended a right issue of 1:1.

2009

  • The Registered Office of the Company was shifted to 19/20, Rajabhadur Mansion, 4th Floor, Opp. SBI Main Branch, Near Stock Exchange, 22, Mumbai Samachar Marg, Fort, Mumbai 400023.