HISTORY AND MAJOR EVENTS Incorporated as `Money Masters Leasing & Finance Private Limited' at Mumbai on October 26, 1994 under the Companies Act, 1956 with the Registrar of Companies, Maharashtra. On February 09, 1996 the name of the Company was changed to `Money Masters Leasing & Finance Limited'. Major Events October 26, 1994 - Incorporated as Private Limited Company under the Companies Act, 1956 in the name of `Money Masters Leasing & Finance Private Limited'. February 09, 1996 - The name of the Company was changed to its present name `Money Masters Leasing & Finance Limited'. July 31, 1998 - Received RBI License to carry on business of Non-banking financial institution as per section 45-IA (2) of RBI Act, 1934. March 27, 2000 - The company was given BB rating by CARE, thus, company could not accept any public deposits. Therefore, company decided to start repaying public deposits on their maturity and not renewing any public deposits until the credit rating changes. January 24, 2003 - Board of Directors authorized for commencing and undertaking the business included in the newly inserted sub-clauses 89 to 101 in clause III(C) of the MOA at the time and in the manner they deem fit. September 04, 2007 - Fresh certificate issued by RBI in lieu of the certificate dated July 31, 1998. October 01, 2011 - Registered office of the company changed from I/18, Rizvi Park , S.V Road Santacruz(W), Bombay-400054 and form 18 has been filled with ROC, Maharashtra to 4, Akash Deep, Ground Floor, TPS VI, Road No. 1, Milan Subway, Santacruz (West), Mumbai-400054. December 27, 2011 - The Company discontinued acceptance of Deposits from the Public 2017 - Company has issued Bonus Shares in the Ratio of 1:4. 2024 -The Company has splits its face value from Rs. 10/- to Rs. 1/-.