Kshitiz Leasing and Finance Limited
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BSE Code:
511074
NSE Code:
WEIZFIN
Business Profile
Business Profile
Easy Fincorp (WEIZFIN), earlier known as Weizmann Fincorp, is engaged in fund-based and investment related activities. It was incorporated as Kshitiz Leasing & Finance on Aug. 06, 1984 and got its present name with effect from Jan. 31, 2008.
The company gets its income mainly from the sale of shares and securities. In FY`07, the promoters sold 40 % of their company stake to Trade Apartment under the share purchase agreement dated Mar. 20, 2006. Pursuant to the open offer made to the shareholders in October 2006 at a price of Rs 63.5 a share, Trade Apartment increased its shareholding to 44.67% to get management control of the company.
The registered office is located at 214, Empire House, Ent. Dr. D.N. Road, A.K. Nayak Marg, Fort, Mumbai-400001.
Financials
Easy Fincorp registered a profit of Rs 0.28 million for the quarter ended December 2007.
Total income was Rs 0.3 million for the quarter ended December 2007.
The earnings per share (EPS) of the company stood at Rs 1.16 for the quarter ended December 2007.
Recent Developments
06-FEB-08
Weizmann Fincorp changed its name to `Easy Fincorp` effective from Jan. 31, 2008.