Support and Resistance Levels
Past performance
About Supra Pacific Financial Services Ltd Supra Pacific Financial Services Limited, originally incorporated as Supra Pacific Management Consultancy Limited in 1986, transitioned to its current name in August 2022. The company operates as a Non-Banking Finance Company (NBFC), providing fund-based services such as two-wheeler and gold loans. In the financial year 2019-20, the company underwent a significant management change when 65.58% of its shares were acquired by new promoters following a Substantial Acquisition of Shares and Take-Over process, with regulatory approval from SEBI and the Reserve Bank of India.
The management transition was completed in February 2020, with new directors appointed throughout 2020 and 2021. To comply with minimum public shareholding requirements, the company executed an Offer for Sale (OFS) through the stock exchange, selling equity shares of its promoter entity, Sanat Multitrade Private Limited. These strategic changes reflect Supra Pacific's efforts to align with regulatory standards and enhance its financial services portfolio.