YEAR EVENTS 1993 - The Company was incorporated as a Private Ltd., Company on June 16, and was converted into a Public Ltd., Company on November 5, 1993. It was promoted by H.R. Hemnani & Associates. The Company Functions as Merchant Banker and carrier on activities on issue management and underwriting, leasing hire purchase. 1994 - The Company is engaged in various activities like merchant banking, leasing, corporate counselling and other capital market operations. The Company lead managed 43 public issues and extended underwriting support in 214 public issues. 1995 - Effective from 25th May, permission was obtained from SEBI for undertaking portfolio management activities. 1996 - The Company launched its Fixed Deposit Scheme (Cumulative and Non-cumulative). Company was severely affected due to slack economic growth process, listless primary market and unstable secondary market. - The Object of the issue: (i) To expand its lease/hire purchase activities (ii) To fund its primary and secondary market operation (iii) Create adequate fund for its capital market operations. - 30,03,200 Rights equity shares issued (Prem. Rs 50; prop. 1:1) 1,95,083 shares remained unissued. 60,00,000 No. of equity shares were then issued at a premium of Rs 50 per share though prospectus of which 4,00,000 shares reserved for allotment on a firm basis to CRB Mutual Fund. Of the balance, the following were issued on preferential basis: - (i) 10,00,000 shares to NRIs/UCBs/FIIs (only 55,000 shares taken up). - (ii) 3,00,000 shares to Development Financial Institutions/Banks (only 10,000 shares taken up) - (iii) 4,00,000 shares to Indian Mutual Funds (none were taken up) - (iv) 8,000 shares to employees (only 200 shares taken up) Remaining 42,52,000 shares along with unsubscribed portion of 12,42,800 share from preferential quota was issue to the public (all were taken up) Till date 54,63,100 shares allotted. 2000 - Keynote Corporate Counsels Ltd. has launched new website, nribanks.com for providing the much-needed bridge between non-resident Indian and banks in India. 2003 -SEBI has suspended the certificate of registration of Keynote Corporate Services Ltd. for two months for irregularities in the public issue of Maha Cemicals. 2006 -The company appointed Mr. Atul Kumar Shukla as Chairman. 2007 -E-mail ID for Investor Complaints:investors@keynoteindia.net) 2012 --Registered Office of the Company has been shifted to The Ruby, 9th Floor, Senapati Bapat Marg, Dadar (W), Mumbai - 400 028 2013 -Board has Recommended a dividend of Rs.1.50 per equity share of face value of Rs. 10/- each, (i.e. 15%). 2014 -Board has recommended a dividend of Rs. 1/- per equity share of face value of Rs. 10/- each, (i.e.10%). 2019 -Company name has changed to Keynote Financial Services Ltd. from Keynote Corporate Services Ltd..