SKR Fincon Ltd (CIN: U65923MH2016PLC273078) hereby declares that it is not a Non-Banking Financial Company (NBFC) as defined under the Reserve Bank of India Act, 1934, and does not hold, nor has it ever applied for, an NBFC licence from the Reserve Bank of India.
SKR Fincon Ltd operates exclusively as a capital advisory and financial facilitation firm. In this capacity, the company:
Does not accept public deposits in any form.
Does not lend money or extend credit from its own balance sheet.
Does not issue loans, advances, or credit facilities to any party.
Does not underwrite securities or engage in fund-based financial activities.
Does not operate as a financial intermediary regulated by the RBI, SEBI, or any other financial sector regulator in India.
The company's activities are limited to advising clients on capital structuring, facilitating introductions between businesses and institutional capital sources, providing fractional CFO and financial control services, and advising foreign entities on India market entry. All facilitation activities are conducted on a fee-for-service or success-fee basis. At no point does the company assume credit risk, hold client funds, or act as a principal in any lending transaction.
This declaration is made voluntarily in the interest of transparency and to ensure that no person or entity engages with SKR Fincon Ltd under any misapprehension regarding the nature and regulatory status of its operations.
SKR Fincon Ltd
Registered Office: Mumbai, Maharashtra, India
CIN: U65923MH2016PLC273078