Hasti Finance Ltd

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Hasti Finance Ltd Company background

Founded in: 1994
Managing director: Nitin Somani
Hasti Finance Limited provides financial services in India and offers hire purchase finance for the auto sector. Hasti Finance was incorporated as a private limited company on August16, 1994 and was converted into a public limited company on March 24, 1995. The company gets its income from interest, hire purchase and financing of commercial and domestic vehicles, and other financing activities. Margins are under strain due to the entry of banks and financial institutions with similar activities.The registered office is located in Chennai, Tamil Naidu. In December 2007, the company approved investments for acquisition or taking up membership of BSE, NSE, NCDEX and MCIX exchanges for entering the stock broking business.The company approved to acquire the 100% stakes in Surana Computers Software Ltd, a company doing the computer hardware and software development.
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