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The main law regulating Private Limited Companies is the Companies Act 2013. [21] Prior to 2015, the shareholders (known as members) had to pay a minimum of ₹ 1 lakh (equivalent to ₹ 1.5 lakh or US$1,700 in 2023) as a subscription amount to incorporate a private limited company. [22] A private limited company can have at most 200 members.
A private company limited by shares, or an unlimited company with a share capital, may re-register as a public limited company (PLC). A private company must pass a special resolution that it be so re-registered and deliver a copy of the resolution together with an application form 43(3)(e) to the Registrar.
Motilal Oswal Financial Services Limited is an Indian financial services company offering a range of financial products and services. The company was founded by Motilal Oswal and Raamdeo Agrawal in 1987. [2] [3] The company is listed on BSE and NSE stock exchanges. [4]
The company was founded as Probity Research and Services Private Limited which provided research on the Indian economy, businesses and corporates. The name was later changed to India Infoline Limited. [12] A few years into the business, the organisation found itself with clients which included research organisations, banks and corporates. [12]
The institution came into existence on 25 April 1970 as a private limited company under the complete ownership of the Government of India with an equity base of Rs.2 crore under the Companies Act, 1956. [4] [5] [6]
Byju's (stylised as BYJU'S) is an Indian multinational educational technology company, headquartered in Bengaluru. [4] It was founded in 2011 by Byju Raveendran and Divya Gokulnath . As of October 2024, various media outlets reported that Byju's valuation has now plummeted to zero, down from its peak valuation of $22 billion in 2022.
Vijay Sales (India) Pvt. Ltd., doing business as Vijay Sales, is an Indian retail chain of consumer electronics, headquartered in Jogeshwari, Mumbai. [1] Vijay Sales started as a small TV showroom in Mumbai by Nanu Gupta in 1967. [ 2 ]
Myntra is an Indian fashion e-commerce company headquartered in Bengaluru, Karnataka, India. [1] The company was founded in 2007-2008 to sell personalized gift items ...