During the last AGM held on 28th August, 2021, the Shareholders approved:

  1. The sale of all Manufacturing facilities and undertaking based in Silvassa.

  2. The Objects of the Company were amended.

  3. To alter the Liability Clause of MOA of the Company.

  4. Adoption of new set of Articles of Associateion of the Company.

  5. To change the name of the Company from Everlon Synthetics Ltd to Everlon Financials Ltd.

We now intend to undertake the Financials Activities such as carry on the business of Non Banking Financial Company , Investment Company, Micro Finance Company or to act as Financiers with the objects of financing Industrial Enteprise, to lend or deal with the money either with or without interest or security or any banking business as defined under the Banking Regulations Act,1949 subject to the provisions of the Act and directives issued by the Reserve Bank of India.