Stanrose Mafatlal Investment & Finance Limited was established in April 1980 under the name Sandeep Holding Limited. It became a subsidiary of Mafatlal Industries Limited on October 17, 1980. In October 1980, it transitioned into a Public Limited Company. Subsequently, by offering preferential shares to members of Mafatlal Industries Limited, it ceased to be a subsidiary and gained independent status as a Public Limited Company in 1981-82.
Following this, the Stanrose Group increased its ownership through acquisitions from other shareholders, making the company a part of the Stanrose Group of Companies. With a controlling stake in the flagship company of the Stanrose Group, namely Standard Industries, the company's name was changed to 'Stanrose Mafatlal Investment and Finance Limited'.
Registered as a Non-Banking Finance Company (NBFC) with the Reserve Bank of India (RBI), the company primarily focuses on inter-corporate investments, financing, and capital market-related activities. It holds investments in various blue-chip diversified companies. In the realm of inter-corporate finance, the company provides funding to corporate clients for their short-term financial needs through inter-corporate deposits. Additionally, it owns two wholly-owned subsidiary companies, Sandeep Traders and Investments, and Stanrose Holdings, both engaged in investments and inter-corporate finance.
Due to a recession in the real estate industry, a joint venture project for property development was postponed.
Following this, the Stanrose Group increased its ownership through acquisitions from other shareholders, making the company a part of the Stanrose Group of Companies. With a controlling stake in the flagship company of the Stanrose Group, namely Standard Industries, the company's name was changed to 'Stanrose Mafatlal Investment and Finance Limited'.
Registered as a Non-Banking Finance Company (NBFC) with the Reserve Bank of India (RBI), the company primarily focuses on inter-corporate investments, financing, and capital market-related activities. It holds investments in various blue-chip diversified companies. In the realm of inter-corporate finance, the company provides funding to corporate clients for their short-term financial needs through inter-corporate deposits. Additionally, it owns two wholly-owned subsidiary companies, Sandeep Traders and Investments, and Stanrose Holdings, both engaged in investments and inter-corporate finance.
Due to a recession in the real estate industry, a joint venture project for property development was postponed.
