Purshottam Investofin Limited, established in India on November 4, 1988, operates as a Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India since May 14, 2003. The company's core activities include providing loans and making investments, and it is publicly traded on the BSE Limited. A significant corporate restructuring occurred in 2013, which involved the amalgamation of four private companies and the demerger of its investment business into Catalyst International Limited. This restructuring also included a reduction of its share capital, reallocating 80% to its Securities Premium Account.
In 2013, Purshottam Investofin issued 3,277,600 equity shares to shareholders of the amalgamated companies per the approved Scheme of Arrangement. The investment business valued at Rs. 3,45,40,000 was transferred to Catalyst International Limited. Additionally, in 2019, the company engaged in financial transactions involving loans with Plus Corporate Ventures Pvt Ltd and others. This strategic restructuring and financial activities highlight the company's focus on optimizing its financial operations and investment strategies.
