The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies.
Sr. No. | Name of the Company | Registered Office Address | CoR No. | CoR Issued On | Cancellation Order Date |
1 | Paridhi Trading Company Pvt Ltd | 2nd Floor, Apsara Cinema Building, Dr D.B. Marg, Grant Road, Mumbai, Maharashtra - 400007 | 13.00973 | August 12, 1998 | June 25, 2025 |
2 | Progressive Securities Private Limited | Plot No. A-10, Nardana Industrial Area, Nardana, Maharashtra - 425404 | 13.00849 | May 26, 1998 | June 25, 2025 |
3 | Sanwa Finance Private Limited | Sanwa House, 97/99 Mumbai Samachar Marg, Fort, Mumbai, Maharashtra - 400023 | 13.00189 | March 03, 1998 | June 25, 2025 |
4 | Sunflex Finance and Investments Limited | 101-A, Lumbini Palace, Main Tejpal Road, Vile parle (East), Mumbai, Maharashtra - 400057 | 13.00088 | February 26, 1998 | June 25, 2025 |
5 | Tirupati Holdings Limited | Air India Building,14th Floor, Nariman Point, Bombay 21, Mumbai, Maharashtra - 400021 | 13.00359 | March 18, 1998 | June 25, 2025 |
6 | Vasant Sanghavi Securities Private Limited | 110 Ratna Deep 76/78, J.S.S Road, Opera House, Mumbai, Maharashtra - 400004 | B-13.01725 | February 05, 2004 | June 25, 2025 |
7 | Vivid Finance and Holdings Private Limited | 107/108, Midas, Sahar Plaza Complex, J.B.Nagar, Andheri-Kurla Road, Andheri (E), Mumbai, Maharashtra - 400059 | 13.00581 | March 31, 1998 | June 25, 2025 |
8 | Variety Investments Pvt Ltd | 1st Floor, Raja Bahadur, Mansion Ambalal Doshi Marg, Bombay Stock Exchange, Fort, Mumbai, Maharashtra - 400001 | 13.01272 | July 28, 1999 | June 25, 2025 |
9 | Sam Tul Investments Ltd | Unit- 1044, Ijmima Complex, 10th Floor Off. Link Road Malad (West), Mumbai, Maharashtra - 400064 | 13.00167 | March 02, 1998 | June 25, 2025 |
10 | Shreeramanjaneya Leasing and Finance P Ltd | No 11, Govind Bhawan, S.V.Road, Off Chincholi Naka, Malad West, Mumbai, Maharashtra - 400064 | B-13.01402 | October 11, 2000 | June 25, 2025 |
As such, the above companies shall not transact the business of a Non-Banking Financial Institution, as defined in clause (a) of Section 45-I of the RBI Act, 1934. (Puneet Pancholy)
Chief General Manager Press Release: 2025-2026/746 |
