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The Company was incorporated on 06th Oct, 1987 as Artefact Leasing & Finance Pvt. Ltd., with the Registrar of Companies Bombay, at Maharashtra. The name was subsequently changed to Artefact Software & Finance Limited vide special resolution dated 25-10-1994 and afresh certificate of Software & Finance Limited vide special resolution dated 25-10-1994 and afresh certificate of incorporation consequent to change in name was issued on 13-12-1994. The Company was promoted with the main object of Leasing, Hire Purchase, Financial Services, Data Processing, etc. The Company started it's operation with a small equity base of Rs.4.56 lacs and the Company was engaged in the business of Leasing & Data Processing activities. It decided to substantially increase it's operations in 1994 with an ambitious expansion & diversification plan into Software Manufacturing Unit & Financial services. The Company's Activities: A. Software Manufacturing Unit. B. Finance Activities. C. Fund Based Operations. D. Non-Fund Based Operations-Thrust Areas.
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