Triumph International Finance India Limited, established on November 28, 1985, is a Financial Services company that initially specialized in advisory and investment banking. Over time, the firm expanded its operations and diversified its offerings to become a significant player in the financial services sector. The company's approach focused on strategic growth into adjacent markets, consolidating its position as a broad-based financial services provider.
However, the company has faced regulatory and operational challenges. On May 16, 2002, the Securities and Exchange Board of India (SEBI) canceled Triumph’s registration as a Stock Broker. Additionally, the National Stock Exchange of India Limited (NSE) declared the company a defaulter as of May 3, 2002, due to unresolved investor complaints. These setbacks have significantly influenced the company's trajectory in the financial markets.
In March 2000, Triumph formed a subsidiary, Triumph Retail Broking Services Private Limited, aimed at expanding its retail broking services. However, the subsidiary and the parent company have not reported any business activity since then, indicating a prolonged dormancy in operations.
Potential traders and investors should consider the company’s regulatory history and inactive status before associating with Triumph International Finance.
