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Sakthi Finance Ltd

NSE: SAKTHIFIN BSE: 511066

₹23.97

(-2.20%)

Wed, 04 Mar 2026, 01:49 am

Company History

1955

  • The Company was incorporated as Pollachi Credit Society Pvt Ltd on 30th March.

1967

  • The Company was converted into a public limited company under the present name.

1984

  • 7,50,000 shares were offered at par for public subscription during September.

1986

  • The Company opened eight more branch offices, including one at Mumbai.
  • Five safe vaults were commissioned.
  • The Company entered the leasing business.
  • 5,00,000 equity shares and 50,000-10% cumulative convertible preference shares were issued as rights to equity shareholders.
  • 25,000 equity shares and 2,500-10% cumulative convertible preference shares were offered to employees.

1987

  • The Company offered 10,76,300 shares of Rs 10 each at par on a rights basis.
  • 7,62,500 shares were offered to equity shareholders in proportion 1:2.
  • 2,62,500 shares were offered to cumulative convertible preference shareholders.
  • 51,300 shares were offered to employees on an equitable basis.

1989

  • 5,25,000 equity shares of Rs 10 each were allotted on conversion of pref shares.

1991

  • 5,25,000 equity shares of Rs 10 each were allotted at par on conversion of pref shares.

1993

  • 30,88,320 rights equity shares were allotted at a premium of Rs 20 each.
  • 5,00,000-10% pref shares and 4,00,000-13.5% pref shares were allotted.

1995

  • The Company issued 37,05,984 equity shares of Rs 10 each at a premium of Rs 20 per share on a right basis.
  • The 5,00,000-10% redeemable preference shares were redeemable at par within eighteen months from the date of allotment.
  • The 4,00,000-13.5% preference shares were redeemable at par within six months from the date of allotment.

2003

  • The board decided to issue 2,500,000 equity shares of Rs 10 each at par to Overseas Corporate Bodies.

2007

  • The company issued rights in the ratio of 1:2 at a premium of Rs.0 per share.

2008

  • Sakthi Finance's email ID for registering complaints by investors was registered as [email protected]

2011

  • Sakthi Finance recommended an equity dividend of Rupee 1 per share.

2013

  • Sakthi Finance recommended a dividend of Rs. 1 per share.

2014

  • Sakthi Finance recommended a dividend of Rs. 1 per share.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800