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* - Tentative Dates
The key aim to utilize the proceeds from the right issue is as follows;
Banas Finance Limited is engaged in purchasing, leasing, factoring, financing, and leasing of all kinds of plants and machinery, motor vehicles, trawlers, launches, ships, vessels, helicopters, automobiles, aircraft, etc. Thus, it is an NBFC that core business activities are to grant loans and advances including corporate and non-corporate sector and retail customers.