Dazzel Confindive Ltd. (DCL) was originally incorporated on 21st October 1992 under the Companies Act 1956 with the main objective of interalia, carrying on the business of Real Estate development, Construction, Housing and dealing in pharmaceutical and consumer products. The company obtained the certificate of commencement of business on 2.11.92 and started the construction business. The company obtained Contractor Registration with P.W.D under 'B' class on 20/2/93 and was allotted a construction contract of Rs 6 Lacs by Municipal corporation Jaipur. The work of above contract has been completed. The company in its first year of operation only for 5 months ending 31.03.93 was working on construction projects worth Rs. 9.87 lacs which were under progress as on 31.03.93. In second full year of operation ended 31.03.94 the company sold residential houses after construction of Rs.5.30 lacs and executed construction works of Rs.13.40 lacs and work in progress was Rs.23.78 lacs as of 31.03.94. The company earned a gross profit of Rs.1.17 lacs in its first full year of operation. During the current year the company is doing construction business in full swing. In September 1994, the Company envisaged the idea ofexpansion and diversifying into the lucrative areas of finance, leasing and financial services and accordingly the Company took the ancillary objects no. 46 and 47 vide Board Resolution dated 22.09.94 and other objects no.21 and 44 vide Board Resolution dated 01.11.94 as main business of the company and were subsequently approved in the extraordinary general meeting duly held on 29.11.94. The Company has planned to expand its present activities of Real estate development, construction and investment in shares and securities diversifying into the areas of leasing and financial services. The Board of the Company has inducted finance and construction related professionals. MAIN OBJECTS OF THE COMPANY - The main oblects of the Company are as set out in the Memorandum of Association of the Company and inter-alia include the following 1 - To purchase, sell, acquire, get, mortgage, hypothecate, pledge, transfer, convert, develop, enlarge, exchange, improve, erect, fabricate, cultivate, build, construct, reconstruct, demolish, pull down, hire, remove, replace, re-erect, alter, repair, maintain, decorate, furnish, contract, and to give as security and to act as agents, brokers, contractors, architects, designers, serveyors, planners, engineers, decorators, fabricators, consultants, valuers, financers and to take and give on lease and/or sublease or otherwise deal in immovable properties whether in India or abroad, whether on Company's account or on other's account and whether severally or tointly with other personl parties for immovable properties consisting of all kinds of land, estate, buildings, mines, querries, roads, bridges, dams, canals, wells, water cources, sever lines and drainage, railway station and sidings, reservoirs, hospitals, dispensaries, nursing homes, houses, commercial nd residential complexes and appartments, markers, shops, factories, mills, works, hotels, dharmashalas, guest houses, restaurants, cinema houses and theatres, educafional centres,schools, colleges, libraries, research centeres and institues, laboratories, hostels, health clubs and centres, temple, mosques, churches, gurudwarars, farm houses, farms, gardens, parks, amutement centres, play grounds, stadiums and to do, perform and provide all services, responsibilities and duties on Company's own behalf and on other's behalf and to provide and accept services for the habitants, tenants, owners, residents, citizens, and guests relating to electricity, water, telecommunication, secretarial, waiting room, reading room, lavatories, intercommunication equipments and air conditioning equipments. 2. To build or construct or otherwise take on lease, purchase, acquire or maintain in any manner whatsoever any apartments, houses, flats, rooms, shops, huts, or other accomodations for men or animals and to let or dispose of the seme on instalment basis, rent- purchase basis or by outright sale whether by private agreement or in any other mode of lawful deposition to act as dealer, broker or agent for purchase, sale or other dealing in land, building in land, building schemes and other structures. 3 To carry on the business of manufacturers, processors, packers, traders, dealers, distributors, importers and agents or to deal in any other manner (including loan licensing basis) branding of any or all types of varieties, formulaes and kinds of drugs, medicines, therapies and pharmaceuticals and to carry on the business of importers, exporters, sellers, stockists, distributors, commission agents, order booking agents, forwarding agents, buyers or otherwise dealers in all kinds of oils, hair oils, cosmetics and perfumery products, toilet requsites, soaps, detergent products, bafarced foods, baby foods of all kinds, medicines, pharmaceuticaf preparations, a/I types of eatable food products, farm products, chemicals, all kinds of article, goods, merchandise, commodity and products.  The following ancillary objects no. 46 and 47 has been taken as main business of the company vlde Board resolution passed in Board Meeting held on 22nd September 1994 and duly approved in Extra-Ordinary General Meeting held on 29.11.94. As advised by Registrar of Companies Rajasthan, Jalpur at the time of filling Prospectus, object clause shall be amended suitably U/S 17 of Companies Act in due course 1. To carry on the business of investment leasing company, hire purchase company, floance and to undertake and/or arrange all types of leasing and hire purchase business relating to all kinds of machinery, plant, equipment, ships, vehicles, aircrafts, rolling stock, computers, electronic data processing machines, storage tanks, toll roads and bridges, communication satellites and communication lines, factories containers, books in the form of technical knowbow or otherwise, computer software, movable and immovable property of all kinds and description. 2. To invest or cause to be invested the capital of the company or funds of the company or any fund raised by the company for the purpose of the investment, and to invest in stock or to acquire, or to hold or sell, buy or otherwise deal in shares, bonds, units, obligations and other securities of any company or securities issued by any Government or any lawful authority and to acquire any such shares, stock, debenture- stock, bonds, note, obligations or securities by original subscription, contract, tender, purchase, exchange, underwriting or otherwise and whether or not fully paid, and to subscribe for the same subject to such terms and conditions (if any) as may be thought fit and also as provided in the provisions of the law. The following other objects no. 21 and 44 has also been taken up for doing the new financial services business in broad terms vide Board Resolution Dated 1.11.94 and duly approved vide special resolution passed in Extra-Ordinary General Meeting held on 29.11.94. 1. To carry on the business as agents (whether as commission agent, Selling Agent, Purchase agent or otherwise) secretaries treasurers, registrars and share transfer agent of any company, association or other undertaking and without limiting the generality of the foregoing to supply and provide, maintain and operate for the benefit of any person, company, trust, institution, association, society or other undertaking, services, facilities, conveniences and the like, whether accountancy, administrative, advisory, commercial, financial, legal, personnel, insurance, technical or of any other nature and to act as agents for air shipping lines and to do or render such other services as are incidental thereto. 2. To carry on the business of engineers, researchers, technicians, designers, planners, estimators, advisors, erectors, project reporters and to supply know-how for all types of industries, business, ompanies, services and other public bodies and Government. PRESENT BUSINESS CONSTRUCTION & REAL ESTATE DEVELOPMENTS Presently the construction activities of the company are located in the prime business area of the Jaipur city. The Company has successfully completed 10 housing projects comprising 1515 sq. yards and contracts worth Rs.50 lakhs during last two years. Presently the company is involved in residential construction project on a land of 3600 Sq.fts which is scheduled to be completed by March'95. The Company has already purchased further 18,900 sq.ft. land on sale agreements in Jaipur City (including one plot of 6300 Sq.feets, opposite Stock Exchange, Jaipur) for development and construction of residential projects. The company has retained services of M/s G.G. Consultants, a Civil Engineering Firm for the purpose of work of civil engineering. LEASING & HIRE PURCHASE The company started the business of Leasing & Hire purchase in the month of Sept., 1994. It provides lease finance mainly for vehicles, plant & machinery, office equipments etc. to its clients. The Company has leased out Assets of Rs.12.22 Lacs as on 30.11.94. INTER CORPORATE DEPOSITS & SHORT TERM FINANCE The company parks its cash surplus from time to time as ICD/S.T.F. to Corporate Houses/business houses businessmen. Outstanding Short Term Finance as on 30.11.94 is Rs.11.95 lacs. SECURITIES TRADING AND INVESTMENTS The Company is engaged in the area of purchase and sale of shares and debentures from the stock market to derive possible short term, medium term and long term benefits onmthe basis of fundamental and technical analysis of the Companies at periodic intervals. Gross Income from Trading in shares & securities were Rs.1.93 lacs for the period ending 30.11.94. 2011 -Company has splits its Face value of Shares from Rs 10 to Re 1. 2015 - The registered office of the Company has been shifted from B-24 Malviya Nagar, Jaipur-302017 to Office no. 10 SBG 4 Behind Air India, Nehru Palace, Lal Kothi, Tonk Road, Jaipur - 302015.