BANKING AFFAIRS

Detailed explanation-1: -As on date, IFCI holds 52.86% equity shareholding in Stock Holding, making it a subsidiary Company of IFCI. Stock Holding has its registered office at Parel, Mumbai, a world class main operations office at Navi Mumbai and operates through its 188 retail branches all over India.

Detailed explanation-2: -Stock Holding Corporation of India Limited (SHCIL) is an Indian custodian and depository participant, based in Navi Mumbai, Maharashtra. SHCIL was established in 1986 as a public limited company and is a subsidiary of IFCI.

Detailed explanation-3: -About us. StockHolding Corporation was incorporated at the special initiative of the Government of India as a Public Limited Company in 1986.

Detailed explanation-4: -Stock Holding Corporation Of India Limited is an unlisted public company incorporated on 28 July, 1986. It is classified as a Government of India company and is located in Mumbai, Maharashtra.