022 28449765/ 66/ 67
O
B
C
OverviewBoard Of DirectorsCSR
Overview
Comfort Intech Limited (CIL) was originally incorporated as public Limited company in the name of Comfort Finvest Limited on 17th October, 1994 subsequently the name of company was changed to Comfort Intech Limited and a fresh Certificate of Incorporation was obtained on 24th March, 2000. The Company is registered as NBFC with RBI, Ahemadabad vide Registration No.B.01.00419. We offer customized financial services to Commercial, Industrial and Financial clients with one stop financial solutions namely.,Trade Finance & Bill Discounting, Working Capital loans, Loans against property, Margin funding,etc. Through our lending and financing solution, we enable our customers to pursue the path of sustainable growth & value creation for their business. Comfort Intech Limited is one of the esteemed part of Comfort Group which provides a wide range of products and services suited to serve your financial needs.
About Comfort Group
The Comfort Group was founded by Mr. Anil Agrawal (CA, ICWA) in 1994. Since inception the group has clear focus on customer first attitude, ethical & transparent business practices, cost effective financial solutions, research based value investing and implementation of cutting edge technology that has enabled it to forge ahead as a one stop financial solution provider. Today, the group is a well diversified financial services organisation offering a range of financial products and services through its group companies.
Comfort group have made available all the essential platforms like BSE, NSE, MCX, MCX-SX, NCDEX, Merchant Banking (Category 1) and Non Banking Finance Activities covering primary market, investment solution, debt services, capital markets, equity, derivatives, currency derivatives, depository services (CDSL), project financing, wholesale financing and other segments to the clients community.
The five companies representing Comfort Group are Comfort Intech Limited, Comfort Fincap Limited, Comfort Securities Limited, Comfort Commotrade Limited & Luharuka Media & Infra Limited.
Comfort Fincap Limited
The Company is primarily focused in providing inter corporate loans, personal loans, loans against shares & securities, loans against properties, Mortgage Loans, Auto / Home Loans, trading in shares & securities and arbitrage business in stock and commodity market. The Company has positioned itself between the organized banking sector and local money lenders, offering the customers competitive, flexible and timely lending services.
Comfort Securities Limited
The Company's core business areas are capital market segment, future & option market segment & investment advisory services. CSL has started its operations in the year 2007 and acquired membership of BSE, NSE, MCX-SX and also registered itself to provide Merchant Banking & Depository Services of CDSL.
Comfort Commotrade Limited
The Company is currently engaged in the business of commodity broking. It is the member of MCX and NCDEX. It offers trading in many commodities such as bullion (gold, silver), energy (crude oil, natural gas), metals, food grains (rice, maize), spices, oil and oil seeds and others. The company can carry on the business of buying, selling and trading in all kind of commodities.
Luharuka Media & Infra Limited
The Company is engaged in the business of Media Advertising and Real Estate & Construction. The company's primary business is development of residential, commercial and retail properties. The company has a unique business model with earnings arising from development and rentals and other media related activities. It exposure is across businesses, segments, geographies, and mitigates any down-cycles in the market.
Our Vision & Mission
To be a prominent provider of innovative financial solutions to corporate, retail and institutional clients in India and Overseas.
To provide time bound results with the framework of Company's value system.
Board Of Directors
A brief profile of all the Directors of the Company, the nature of their expertise in specific functional areas, the names of the public companies (other than foreign companies, Section 8 companies and private companies that are not subsidiaries of a public company) of which they hold directorships in the company as on March 31, 2016 are given below:
Mr. Anil Agrawal (DIN: 00014413) , aged 54 years is the Managing Director of our Company. He is a Fellow of the Institute of Chartered Accountants of India & also a qualified Cost and Works Accountant. He has versatile experience of more than 30 years in the field of finance, capital markets and related activities. He is also one of the founder promoters of our Company and presently involved in day to day affairs including future planning, finances control, man-management and in strategic decision making of our Company. He is also one of the trustees of Seth Govindaram Charitable Trust & Shree Ashtavinayak Dham.
Mr. Bharat Shiroya (DIN: 00014454) , aged 46 years is the Whole-Time Director of our Company. He is a graduate by qualification from Mumbai University and holds a degree of M.B.A from National Institute of Management. He is holding the office of Whole-Time Director of our Company for nearly 20 years. He has vast experience in securities and financial services and is responsible for overseeing Company’s trading activities and investment portfolio.
Mrs. Annu Agrawal (DIN: 00014487) , aged 48 years is the Director of our Company. She is a Bachelor of Arts (Hons) from the Banaras Hindu University and has more than 12 years of experience in the field of capital market including research, dealing etc. She is involved in day to day affairs including future planning, finance control, human resource management, and in strategic decision making of our Company. She is also an active socialist and works towards welfare of the society.She is on the board of the trustees of Seth Govindaram Charitable Trust & Shree Ashtavinayak Dham.
Mr. Jugal Thacker (DIN: 00015460) , aged 53 years is an Independent Director of our Company. He is a Chartered Accountant by qualification and posses more than 20 years of experience in the field of finance, taxation and investment. He holds expertise in Debt Syndication, Issue Managements, Buy-back, Delisting, and Open offers, etc.
V. Mr. Janak Mehta (DIN: 01049651), aged 49 years is an Independent Director of our company. He is a graduate by qualification from Mumbai University and holds Diploma in Computer Studies from NCC (U.K). He has experience in software operations.
Mr. Anil Kumar Nevatia (DIN: 00531183) , aged 53 years is an Independent Director of our Company. He is a member of the Institute of Chartered Accountants of India. He has a wide experience of more than 27 years in the field of accounts, audit & income tax. Currently, he is a proprietor of M/s A.K Nevatia & Associates, Chartered Accountants, Mumbai.
Mr. Devendra Lal Thakur (DIN: 00392511) , aged 55 years is an Independent Director of our Company. He is a fellow member of ICAI. He is a practising Chartered Accountant in M P Reddy & Associates, Mumbai. He has more than 30 years of experience in the field of commerce, finance, audit and accounts. Further, he is also having an experience of more than 11 years in Engineering Construction Industry. As an Independent Director of our Company and Chartered Accountant by profession, he brings value addition to the Company. He has been designated as Independent Director of our Company since November 24, 2015.
CSR
Corporate Social Responsibility (CSR)
For us in the Comfort Group, business priorities co-exist with social commitments to drive holistic development of people and communities at large. We believe in making a difference in the life of undeserved communities & disadvantageous section of the society. We firmly believe in the concept of trusteeship. This encourages us to help & evaluate the quality of life of millions, especially the disadvantaged sections of the society. Corporate Social Responsibility (CSR) is embedded in the long term business strategy of the Company.
Arising from this our focused areas that have emerged is Education, Health care, Sustainable livelihood, and espousing other social causes.
Brief outline of the company's CSR Policy
In accordance with the CSR Policy of your Company, the CSR initiatives would be focused around the following identified thrust areas for channelizing the resources on a sustained basis:
• Health & Hygiene: Your Company believes in "Salubrity for all" and is committed to promote Health & Hygiene in the areas it operates.Your    Company has contributed for construction of Public Toilets under Hon'able Prime Ministers Mission of "Swachh Bharat Abhiyaan" and would    continue to deliver more of such facilities to communities and other sections of the society.
• Education: Your Company aspires to enormously contribute to improve & facilitate education at various sections of the society. For the same,    company provides various scholarships, conducts awareness programs, and undertakes distrubition of books stationery & other education    related facilities to the needy.
• Donations: Your Company has also contributes to various NGO's by providing funds to undertake social activities. For the welfare of the    community the company through its own Trust namely, Seth Govindram Charitable Trust takes active initiative to promote social, religious and    other welfare activities in the society.