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केएमएफ > कंपनी इतिहास > Finance - Investments > कंपनी इतिहास का केएमएफ - बीएसई: 511270, NSE: KMF

केएमएफ

बीएसई: 511270  |  NSE: KMF  |  ISIN:  |  Finance - Investments

कंपनी इतिहास - केएमएफ
The Company was incorporated on 14.1.1986 as a Private Limited Company
 in the name KUKU FINANCE AND TRADING PRIVATE LIMITED in the Union
 Territory of Delhi. Subsequently it was converted into a Public
 Limited Company on 6.12.88 and the name of the company was changed to
 KUKU MOTOR FINANCE LIMITED. 
 
 The Company since its corporation is primarily engaged in providing
 hire purchase finance for commercial vehicles, plant & machinery,
 equipment, two wheelers and consumer durables. The transport and
 construction sectors of the Indian economy are the major segments of
 the Company's business activities. Finance of two wheelers and
 consumer durables is extended to group of employees of corporate,
 institutional and government  undertakings, with repayments being
 effected by way of deduction at source from salaries. The company
 also undertakes leasing of plant and machinery to a limited extent,
 mainly to corporate clients. Currently the Company is not carrying
 any other business.
 
 a) Leasing : Equipment and machinery leasing is emerging as an
 attractive alternative proposition in place of mere borrowing. It is
 economical and less time consuming to raise finance from Leasing
 Companies besides significant advantages accruing to the lessees.
 Leasing also helps the Company as  a  Tax-shelter.
 
 b) Hire Purchase and Consumer Credit: The Company will extend Finance
 under the Hire Purchase system for a wide range of consumer durables
 like Televisions. Refrigerators, Air-conditions. Two and Four wheeler
 vehicles,office equipment and other utility items for professionals
 and self employed people.
 
 c) Factoring: Working Capital requirements are met with finance
 against receivables. This service will be extended to  customers
 approved on selective basis.
 
 The Company as a diversification measure is shortly embarking on
 profitable areas like Bill discounting and Factoring.
 
 During 1994, the company's name was changed to K M F Limited.
 
 2000 
 
 - KMFL has set up a new asset reconstruction division to offer
        recovery management services to players in the financial
 services
        industry.
 
 2012
 
 --Registered Office of the Company has been shifted  from 2/316,
 Subhash Nagar, New Delhi-18 to 1007, Vikram Tower, Rajendra Place,
 New Delhi - 8.
 
 2013
 
 -KMF officially launched Mobile Milk Testing facility for creating
 awareness about the quality of milk consumed and detecting
 adulteration of milk .
 
 -The Inaugural function of KSHEERA BHAGYA, -the innovative and
 prestigious program of distributing milk to school and Anganwadi
 children by the Karnataka Government was organized by Karnataka Milk
 Federation in association with Lower and Higher Education Department,
 Women and Child Department of Karnataka State.
 
 2014
 
 -Nandini Milk Powder worth of Rs. One Crore was sent to Jammu-Kashmir
 as flood relief material.
 
 -KMF has been launched a Nandini Special Milk.
 
 -Nandini Milk Sales started in Chennai.
 
 -Declaration of Incentive of Rs.0.20 paise per litre milk procured to
 DCS Staff by Karnataka Govt.
 
 
 
 
स्रोत: रेलीगरे टेचनोवा

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