Mask Investments Limited, incorporated in 1992 in Indore, is engaged in the investment of shares and securities. Initially promoted by Shri Lalit Desai and Smt. Heena Desai, the company saw a change in leadership in 1997-98 when the Saboo family took over management. The current leadership includes Shri Narayan Saboo, Shri Naresh Saboo, and Smt. Vijaya Dhoot. Mask Investments focuses on investing in both quoted and unquoted securities of companies with robust operational and financial performance, including its group companies.
Previously registered as a Non-Banking Finance Company (NBFC) not accepting public deposits, the company's NBFC registration was canceled by the Reserve Bank of India in July 2018 due to non-compliance with Net Operating Funds requirements. The company is planning to reapply for a fresh Certificate of Registration once it meets the necessary financial criteria. Despite these regulatory challenges, Mask Investments continues to focus on expanding its investment activities.
