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About Stanrose Mafatlal Investment & Finance

The company was incorporated in 1980, under the name Sandeep Holding Pvt Ltd. It became a subsidiary of Mafatlal Industries during the same year. In Oct.'80, the company became a public limited company. A preferential offer of shares of the company was made to the shareholders of Mafatlal Industries in 1981-82 and the company ceased to be a subsidiary of Mafatlal Industries. Thereafter, the Stanrose group acquired further holding from other shareholders, resulting in the company becoming a constituent of Stanrose group of companies. The company has a controlling interest in the flagship of Stanrose group, viz, Standard Industries. The name of the company was changed to the present one -- Stanrose Mafatlal Investment and Finance. The company is engaged in investments and inter-corporate deposits. The company has investments in several blue-chip diversified companies. In the inter-corporate finance section, the company provides finance to its corporate clients for their short-term fund requirements by way of inter-corporate deposits. Some of its clients are McDowell and Co, IIT Capital Services, Merind, Standard Industries, G L Rexroth Industries, etc. The company has two wholly-owned subsidiary companies -- Sandeep Traders and Investments and Stanrose Holdings -- both of which are engaged in investments and inter-corporate finance. Due to recession the real estate industry the joint venture project of property development was deferred.

Parent Organisation
Mafatlal RaseshN
Managing Director
Pradeep R Mafatlal
Founded
1980
NSE Symbol

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10th July 2024
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Stanrose Mafatlal Investments And Finance Ltd FAQs

Stanrose Mafatlal Investments And Finance Ltd (Stanrose Mafatlal Investments And Finance Ltd) share price as of July 12, 2024, on NSE is Rs undefined (NSE) and Rs undefined (BSE) on BSE.
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