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Farry Industries to merge VRB Capital Services with itself

20 Dec 2013 Evaluate

Farry Industries has received an approval for merger of VRB Capital Services with the company. The board of directors at its meeting held on December 16, 2013 has approved for the same. The board also approved to increase authorized capital of the company from Rs 10 crore to Rs 20 crore.

Farry Industries is a finance company which deals in leasing and hire purchases. It was incorporated as a private company under the name Farry Leasing & Hire Purchase on December 7, 1990.

Peers
Company Name CMP
Bajaj Finserv 1917.30
TVS Holdings 13000.05
Cholamandalam Fin. 1525.75
Altius Telecom Infra 175.00
Kama Holdings 2282.95
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