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1983 - The company was incorporated on 4th July, as a Public Limited Company under the name and style of `Pressman Consultants Ltd.' and obtained the certificate of commencement of Business on 29th July. It was promoted by the Suchanti family who were also the promoters of Pressman Advertising & Marketing Pvt. Ltd. The Company is engaged in leasing of equipment, hire-purchase business, purchasing, selling, hiring or letting on hire all kinds of plant and machinery and equipment. The Company undertook to set up a plastics division for the manufacture of various types of PVC and plastic containers. Land was acquired at Khopoli in Maharashtra and machinery pertaining to the project was imported from Balleufeld Fisher Blasformtechnik GmbH, West Germany. The company proposed to manufacture PVC stretch mould containers. The Company proposed to diversify into the area of mutual funds. The Company has received "Category I Merchant Banker" authorisation from SEBI. The company's name was changed from `Pressman Leasings Ltd.' to Pressman Ltd.
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