McDowell Holdings has decided to surrender its certificate of registration (CoR) to operate as a Non-Banking Financial Company (NBFC). The board of directors of the company in its meeting held on July 28, 2016 has approved for the same. The company would continue its business activities as a Core Investment Company.
McDowell Holdings is an India-based financing/investment holding, non-banking (non-deposit accepting) financial company. The company is engaged in the business of investment and financing.