Digvijay Finlease Limited, incorporated on 5 November 2001 and registered in Kolkata, is a public unlisted non-banking financial company (NBFC) regulated by the RBI, primarily deriving its income from investment activities rather than traditional lending. The company’s core revenue streams include gains from the sale of long-term and short-term investments, dividend income from its investment portfolio, interest income from loans, and income from fixed deposits, with dividend income and investment sales historically forming a significant portion of total revenue. In FY 2018–19, Digvijay Finlease’s equity base expanded following the NCLT-approved amalgamation of Arham Securities Private Limited, under which shareholders of Arham Securities received four equity shares of Digvijay Finlease for every five shares held, resulting in the issuance of 28,15,528 new shares after cancellation of 23,192 shares held by the transferor company. As of 31 March 2019, the company had total outstanding e...