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Stock Holding Corporation of India Limited (SHCIL) is an Indian custodian and depository participant, based in Navi Mumbai, Maharashtra. [2] SHCIL was established in 1986 as a public limited company and is a subsidiary of IFCI. StockHolding became a subsidiary of IFCI Limited on April 7, 2015, which is a Government Company.
There are two Security printing presses of SPMCIL, namely the India Security Press (ISP) at Nashik and the Security Printing Press (SPP) at Hyderabad. These presses print the 100% requirement of passports and other travel documents, non-judicial stamp papers, cheques, bonds, warrants, postal stamps, postal stationery, and other security products.
The company is charged with the task of printing passports, visas, postage stamps, post cards, inland letters, envelopes, non-postal adhesives, court fees, fiscal, and Hundi stamps in the country. [1] The press is located near Nashik city in Maharashtra state of India.
This article includes a list of general references, but it lacks sufficient corresponding inline citations. Please help to improve this article by introducing more precise citations. (December 2017) (Learn how and when to remove this message) The Scinde Dawk of 1852, the first postage stamp of India is a round red sealing wafer. India has a long and varied postal history and has produced a ...
It was a systematic stock scam using fake bank receipts and stamp paper that caused the Indian stock market to crash. The scam exposed the inherent loopholes of the Indian financial systems and resulted in a completely reformed system of stock transactions, including an introduction of online security systems. [1]
In 1854 Spain had printed special stamps for official communications, but in 1866 India was the first country to adopt the simple expedient of overprinting 'Service' on postage stamps and 'Service Postage' on revenue stamps. This innovation became widely adopted by other countries in later years.
A 1951 hundi of Bombay Province for Rs 2500 with a pre-printed 6a revenue stamp. India has been a very heavy user of stamped paper, both before and after independence. In addition, hundis, an alternative money transmission system widely used in the Indian sub-continent, often bear a pre-printed revenue stamp. [5]
The stamped paper has been widely used around the world to collect taxes on documents requiring stampings, such as leases, agreements, receipts, court documents and many others. The papers are bought blank apart from the pre-printed stamp and are available from stationers, lawyers' offices, post offices and courts according to local regulations.
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