Welter Securities Limited is a Listed Company on Calcutta Stock Exchange having its Main Objects:
To carry on the business as investors, concessioners and to undertake and carry on and execute all kind of financial trading and other operations and undertaking.
To lend money, securities or other property, either with or without security and on such terms as may be deemed expedient, and to guarantee the performance of contracts by any persons or Companies, provided that the Company shall not carry on banking business.
To promote, from or acquire any company and to take, purchase, or acquire shares or interest in any company and to transfer to any such company any property of this Company and to take or otherwise acquire, hold and dispose of or otherwise deal in and Invest in any shares, debentures and other securities of any company or companies either out of its own funds or out of funds that it might borrow by Issue of debentures or from bankers or otherwise, howsoever or in any other manner, whatsoever, and to subsidise or otherwise assist any such Company.
To buy acquire or otherwise receive any property movable or Immovable and to sell and/or dispose off the same, to negotiate, advance deposits or loan money or securities, to buy sell discount and deal in promissory notes, bills of exchange, hundies warrants and all other negotiable or transferable securities or actionable claims or chose in action.