Action Financial Services (I) Limited

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BSE Code: 511706       NSE Code: ACTIONFI

Business Profile
Business Profile
Action Financial Services (ACTFINSN) was incorporated in 1992 as a public sector company in Maharashtra. The company is mainly engaged in capital market related activities i.e. broking and depository participant. ACTFINSN has two divisions, namely the stock broking division and depository division. It also started marketing of IPOs and public issues as well as mutual fund schemes to provide additional services to existing customers beneath one roof. The company is a member of the National Stock Exchange and Bangalore Stock Exchange. In 1997 Action Financials also became one of the first Broker-Depository Participant of NSDL.

Financials
Action Financial Services (India) registered a 99.15% decline in net profits to Rs 0.6 million for the quarter ended in September 2007 from a profit of Rs 8.77 million for the quarter ended in September 2006.

Total income dropped 59.68% to Rs 5.39 million for the quarter ended September 2007, from Rs 13.37 million for the quarter ended September 2006.

Net Sales rose 61.26% to Rs 4.87 million for the quarter ended September 2007, from Rs 3.02 million for the quarter ended September 2006.

The earnings per share (EPS) of the company stood at Rs 0.08 in the quarter ended September 2007.

Recent Developments
05-SEP-07
Action Financial Services India announced that the board of directors approved to issue share warrants convertible into equity shares on preferential basis to promoters and other investors. The said issue of share warrants is accordance with the prevailing guidelines and subject to the approval of members and other appropriate authorities, the company said.The board also recommended reclassifying the authorised but un-issued preference share capital into equity share capital and consequential amendment of capital clause of memorandum and articles of association of the company, subject to the approval of members.

19-MAR-07
The company approved the consolidation of ten equity shares of Re 1/- each fully paid up into one equity share of Rs 10/- each fully paid up.

27-FEB-07
Action Financial Services India securities have been voluntarily delisted from the following Stock Exchanges:1. The Delhi Stock Exchange Association w.e.f. March 31, 2005.2. Mangalore Stock Exchange w.e.f. June 08, 2005.3. Bangalore Stock Exchange w.e.f. February 22, 2007.

Other Information
Annual Reports for Action Financial Services (I) Lim
Annual Report YearDownload Annual ReportDownload Report Preview
2018-19
2017-18
2016-17
2015-16
2014-15
2013-14
2012-13
2011-12
2010-11
2009-10
2008-09
2007-08
2006-07
2004-05
2003-04
2002-03
2001-02
1999-00
1998-99
1997-98
1996-97

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