Futuristic Solutions Limited was originally incorporated under the Companies Act, 1956 on 21st September 1983 under the name of Moral Leasing Pvt. Ltd.. Subsequently it changed its status from Private Limited Company to Public Limited Company and obtained a fresh Certificate of Incorporation on 23rd day of September 1983. The company came out with its Public Issue in the year 1984 and got listed at Delhi Stock Exchange. After the public issue, the company twice offered shares to their shareholders on Right basis in the year 1988 and 2000 respectively. In 2002, the name of the Company was changed from MORAL LEASING LTD. TO FUTURISTIC SOLUTIONS LIMITED. The capital of the company was further increased by Preferential Issue and Bonus issue. The company was originally incorporated in the year 1983 and started the business of leasing. The present management took over the company in the year 1987 and proceeded with the then business of leasing. The present management in early nineties envisaged the concept of providing futuristic solutions of arbitration cases, and then put in practice, has acquired success. With the passage of time and the development of new ideas the first agreement in the present field was executed on 2nd January, 1993. Since then the company has followed the process of asset reconstruction i.e recovery of disputed debts, purchase, sale, discounting and dealing in actionable claims, disputed debts, recoverable debts etc which has emerged as the main stay of the company. 2012 - The equity shares of Futuristic Solutions Ltd (Scrip Code: 534063) are listed and admitted to dealings on the Exchange in the list of 'T' Group Securities. 2013 -Futuristic Solutions has proposed a dividend of Rs. 0.50 per share (5% on an equity share of par value of Rs. 10).