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The Investment Trust of India Ltd
The Investment Trust of India Ltd Company History
The Investment Trust of India is engaged in advisory services and trading activities besides holding investment in subsidiaries. The Group business consists of equity and commodity broking, mutual fund , financial services, lending business, investment banking and third party distribution activities which are carried out by separate subsidiaries and associate of the Company.
2002
Muthiah Ganapathy appointed as Company Secretary of Fortune Financial Services.
2002
2006
Fortune Financial Services (India) Ltd has given the Bonus in the Ratio of 1:1
2006
2009
Fortune Financial Services India Ltd has appointed Mr. Sanjay Kothari as an Additional Director w.e.f. September 25, 2009, through a Board Resolution passed by circulation.
2009
2010
The appointment of Mr. Devesh Kumar as the Joint Managing Director and Group CEO.
2010
2012
A new subsidiary Company viz. Fortune Integrated Home Finance Limited has been incorporated to carry on the business of Home Loans.
Mr. Chintan Valia has been appointed as an Additional Director of the Company.
a new subsidiary company viz. Fortune Integrated Assets Finance Limited has been incorporated to carry on the business of Vehicle & other assets Loans.
2012
2013
Its subsidiary entered into Memorandum of Understanding for acquisition of 100% stake of Antique Stock Broking Limited.
2013
2014
An agreement has been entered in to between Fortune Credit Capital Ltd and M/s. Fortune Integrated Assets Finance Ltd (subsidiaries of the Company) on September 29, 2014 for transfer of Vehicle Finance business by Fortune Credit Capital Ltd to M/s. Fortune Integrated Assets Finance Ltd on the terms and conditions as mutually agreed between the subsidiaries.
2014
2016
Fortune Financial Services India Ltd has Acquired shares of Kohinoor India Reinsurance Company Limited and United Petro Finance Limited.
2016
2018
Company name has changed to The Investment Trust of India Ltd. from Fortune Financial Services (India) Ltd.
2018