Stanrose Mafatlal Investments & Finance Ltd. (India)

Stanrose Mafatlal Investments & Finance Ltd., located in Ahmedabad, is a Non Banking Financial Company that specializes in inter-corporate investments, financing, and capital market activities. It was formerly known as Sandeep Holdings Limited and is a part of the Stanrose Mafatlal Group, led by Shri Pradeep R Mafatlal. The company holds a controlling stake in the group's flagship company, Standard Industries Limited, and also has equity investments in other blue-chip companies. The company was incorporated as a private limited company on April 17, 1980, and became a subsidiary of Mafatlal Industries Limited on October 17, 1980. However, it later ceased to be a subsidiary and obtained its independent identity as a public limited company in the year 1981-82 after making a preferential offer of shares to the members of Mafatlal Industries Limited. Stanrose Mafatlal Investments & Finance Ltd. has a strong reputation in the corporate world and among its approximately 22,000 shareholders. It has a consistent track record of providing handsome dividends year after year, along with three bonus issues. The company's equity shares are listed on the Bombay Stock Exchange Limited. The board of directors consists of individuals with diverse experience in various fields, including some prominent personalities who have achieved significant success in their respective domains. As of March 31, 2021, the company's net worth was Rs. 54.08 Crores.