Company History »

Placid Limited (“the Company”) was incorporated on the 31st day of July, 1946 as a Public Limited Company Limited by Shares under the provisions of the Companies Act, 1913. The Company is an existing Public Limited Company under the relevant provisions of the Companies Act, 2013.

The Corporate Identification number of the Company is U74140WB1946PLC014233. The Company is a non-deposit taking Systemically Important Non-Banking Financial Company (NBFC-ND-SI) registered with Reserve Bank of India and is engaged in the business of providing loans and making investments in shares and securities.

At present the Authorized Share Capital of the Company is INR 31,05,00,000/- divided into 31,05,000 Equity Shares of Rs. 100/- each and the Paid up Equity Share Capital of the Company as on date is INR 53,708,900/- divided into 5,37,089 Equity Shares of INR. 100/- each. The Net-worth of the company is INR 689 Crores as on 31.03.2022.