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Motor & General Finance Ltd

NSE: MOTOGENFIN BSE: 501343

₹28.70

(1.23%)

Fri, 03 Jul 2026, 02:38 pm

Company History

1930

  • Motor and General Financial Limited was incorporated at Delhi.

1981

  • Preference shares were converted into equity shares.

1983

  • The company issued 5,00,000 secured Redeemable Non-Convertible Debentures.

1984

  • The company signed a joint venture agreement with International Finance Corpn, Washington.

1985

  • The company received approvals from the Government of India, Ministry of India, and RBI.
  • The company issued 5,00,000-15% secured redeemable non-convertible debentures.

1992

  • NAP was merged with the company effective 1.4.1991.

1995

  • The company received registration as a Category I Merchant Banker.

2000

  • ICRA Ltd and Duff & Phelps Credit Rating India Pvt Ltd revised their credit ratings.
  • Mr. S.K. Singh resigned as Director.

2001

  • ICRA placed the fixed deposit ratings of MA- for Motor & General Finance Ltd.

2002

  • Lalit Gupta was appointed Additional Director.

2003

  • Mr. Rajiv Gupta, Mr. Bharat Kumar, and Mr. Arun Mitter retired as Directors by rotation.

2004

  • The shares of Motor & General Finance Ltd were delisted from Delhi Stock Exchange Ltd.

2008

  • Mrs. Arti Gupta was appointed Joint Managing Director for a period of three years.

2009

  • MGF Services Ltd acquired shares of The Motor & General Finance Ltd.
  • The company allotted 277 equity shares to shareholders of NAP Sales Private Limited and Janata Cinemas Properties & Finance Limited.

2010

  • The Board recommended a dividend of Rs. 2 per equity share.

2011

  • The Board recommended a dividend of Rs. 1.50 per equity share.

2020

  • The company split its face value from Rs. 10 to Rs. 5.

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