MUMBAI, India, July 21 -- Reserve Bank of India issued the following press release:

The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies.

Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued On Cancellation Order Date 1 Paridhi Trading Company Pvt Ltd 2nd Floor, Apsara Cinema Building, Dr D.B. Marg, Grant Road, Mumbai, Maharashtra - 400007 13.00973 August 12, 1998 June 25, 2025 2 Progressive Securities Private Limited Plot No. A-10, Nardana Industrial Area, Nardana, Maharashtra - 425404 13.00849 May 26, 1998 June 25, 2025 3 Sanwa Finance Private Limited Sanwa House, 97/99 Mumbai Samachar Marg, Fort, Mumbai, Maharashtra - 400023 13.00189 March 03, 1998 June 25, 2025 4 Sunflex Finance and Investments Limited 101-A, Lumbini Palace, Main Tejpal Road, Vile parle (East), Mumbai, Maharashtra - 400057 13.00088 February 26, 1998 June 25, 2025 5 Tirupati Holdings Limited Air India Building,14th Floor, Nariman Point, Bombay 21, Mumbai, Maharashtra - 400021 13.00359 March 18, 1998 June 25, 2025 6 Vasant Sanghavi Securities Private Limited 110 Ratna Deep 76/78, J.S.S Road, Opera House, Mumbai, Maharashtra - 400004 B-13.01725 February 05, 2004 June 25, 2025 7 Vivid Finance and Holdings Private Limited 107/108, Midas, Sahar Plaza Complex, J.B.Nagar, Andheri-Kurla Road, Andheri (E), Mumbai, Maharashtra - 400059 13.00581 March 31, 1998 June 25, 2025 8 Variety Investments Pvt Ltd 1st Floor, Raja Bahadur, Mansion Ambalal Doshi Marg, Bombay Stock Exchange, Fort, Mumbai, Maharashtra - 400001 13.01272 July 28, 1999 June 25, 2025 9 Sam Tul Investments Ltd Unit- 1044, Ijmima Complex, 10th Floor Off. Link Road Malad (West), Mumbai, Maharashtra - 400064 13.00167 March 02, 1998 June 25, 2025 10 Shreeramanjaneya Leasing and Finance P Ltd No 11, Govind Bhawan, S.V.Road, Off Chincholi Naka, Malad West, Mumbai, Maharashtra - 400064 B-13.01402 October 11, 2000 June 25, 2025

As such, the above companies shall not transact the business of a Non-Banking Financial Institution, as defined in clause (a) of Section 45-I of the RBI Act, 1934.

(Puneet Pancholy)

Chief General Manager

Press Release: 2025-2026/746

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