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Date: 2026-01-07 Category: Not Applicable State: Union Government Country: India

16 NBFCs surrender their Certificate of Registration to RBI

Issued by Reserve Bank of India · Not Applicable

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Executive Summary & Key Takeaways

**Executive Summary** This press release from the Reserve Bank of India (RBI), dated January 07, 2026, announces the surrender of the Certificate of Registration (CoR) by 16 Non-Banking Financial Companies (NBFCs). The RBI, under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has subsequently cancelled their CoRs. The cancellations are effective December 2025. **Key Points / Main Content** * **Surrender of CoR by NBFCs:** * 16 NBFCs have surrendered their CoRs to the RBI. * The RBI has cancelled these CoRs under the powers granted by Section 45-IA (6) of the Reserve Bank of India Act, 1934. * **Reasons for Cancellation:** The cancellations are due to the following reasons: * Exiting from Non-Banking Financial Institution (NBFI) business * Meeting the criteria prescribed for unregistered Core Investment Company (CIC) that do not require registration * Ceasing to be a legal entity due to amalgamation/ merger/dissolution/ voluntary strike-off, etc. * **List of NBFCs and Dates:** The document lists the 16 NBFCs, their registered addresses, CoR numbers, CoR issuance dates, and dates of CoR cancellation (all in December 2025). **Impact Analysis** **NBFCs** * **Impact**: The listed NBFCs are no longer authorized to conduct business as Non-Banking Financial Institutions. * **Action Required**: Cease all NBFI business operations, and ensure compliance with the cancellation of CoR. **RBI** * **Impact**: Modification to the list of registered and monitored NBFIs. * **Action Required**: Update internal records and regulatory oversight systems to reflect the cancellation of CoRs. **Customers/Stakeholders of NBFCs** * **Impact**: Customers will need to seek services elsewhere. Stakeholders of the NBFCs will face a change in their current structure/relationship with the company * **Action Required**: Identify new providers for financial services, and update business structure/relationships.

Key Entities Referenced

Reserve Bank of India (RBI): The regulator which issued the Certificate of Registration (CoR) to the NBFCs and has the authority to cancel it. Certificate of Registration (CoR): Official permission granted to non-banking financial companies (NBFCs) to conduct business. Its surrender and cancellation are the subjects of this document. Non-Banking Financial Companies (NBFC): The entities that surrender their Certificate of Registration, ceasing their business operations. Reserve Bank of India Act, 1934: The legal act that empowers the RBI to cancel the CoR of NBFCs.
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प्रेस प्रकाशनी PRESS RELEASE भारतीय ररज़र्व बैंक RESERVE BANK OF INDIA वेबसाइट : www.rbi.org.in/hindi संचार वर्भाग, केंद्रीय कायाालय, शहीद भगत ससिंह मागा, फोटा, म िंबई - 400 001 Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502 January 07, 2026 16 NBFCs surrender their Certificate of Registration to RBI The following 16 non-banking financial companies (NBFC) have surrendered the Certificate of Registration (CoR) granted to them by the Reserve Bank of India (RBI). The RBI, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their CoR. i) Cancellation of CoR due to exit from Non-Banking Financial Institution (NBFI) business Sr. Name of the Registered Office CoR No. CoR Issued Date of No Company Address on Cancellation of . CoR 1 Dharmesh Hi Life Mall, 3rd Floor, N- June 25, 2018 December 04, Stock Broking Office No. 14, 13.0225 2025 Private Limited Phirozshah Mehta Road, 6 Plot No. 37, Near Shabari Hotel, Santa Cruz West, Mumbai, 400054 2 Millennium Chatterjee International B.05.059 December 16, December 09, Holdings Pvt. Centre, 33A, Jawaharlal 17 2003 2025 Ltd. Nehru Road, Room No A 2, 6th Floor, Park Street, West Bengal, 700071 3 Celestial Chatterjee International B- November 09, December 09, Consultants Centre, 33A, Jawaharlal 05.0650 2004 2025 Pvt. Ltd. Nehru Road, Room No A 4 2, 6th Floor, Park Street, West Bengal, 700071 4 Damayanti No. 6, Mulla Lane, B- June 12, 2012 December 11, Finance & Sowcarpet, Chennai, 600 07.0066 2025 Properties 079 3 Private Limited 5 Liquid Paper Unit No-500, 5th Floor N- April 16, 2005 December 18, Finserve ITL Twin Tower, Plot No- 14.0306 2025 Private Limited B-9 NSP Pitampura, 2 Saraswati Vihar, Delhi - 110034 6 Peerless 3 Esplanade East B.05.054 January 17, December 15, Financial Peerless Bhavan, 18 2003 2025 Services Kolkata, Kolkata, West2 Limited Bengal, 700069 7 Park Avenue 29, Bank Street, Fort, 13.0045 March 24, December Engineering Mumbai, 400001 6 1998 17,2025 Limited 8 Arvind L-39 Connaught Place, N- August 02, December 30, Overseas Delhi, 110001 14.0259 2002 2025 Project 8 Services Pvt Ltd ii) Due to meeting the criteria prescribed for unregistered Core Investment Company (CIC) that do not require registration Sr. Name of the Registered Office CoR No. CoR Issued Date of No. Company Address on cancellation of CoR 1 Shyam Basic Shyam House, Plot B-10.00224 May 24, 2013 December 12, Infrastructure No. 3 Amrapali 2025 Projects Private Circle, Vaishali Limited Nagar, Jaipur, Rajasthan, 302021 2 Shruti Finsec Private Sukhdham, Flat No. 12.00031 February 26, December 16, Limited E-2, 7/17(9-10), 1998 2025 Tilak Nagar, Kanpur, Uttar Pradesh, 208002 3 Sita Investment MIG-29, Indrawati B-03.00232 October 09, December 23, Company Limited Colony, Off Canal 2025 2025 Linking Road, Raipur, Chhattisgarh, 492001 iii) Cancellation of CoR due to NBFC ceasing to be a legal entity due to amalgamation/ merger/dissolution/ voluntary strike-off, etc. Sr. Name of the Registered Office CoR No. CoR Issued on Date of No. Company Address cancellation of CoR 1 Edelweiss Retail Tower 3, Wing B, B-13.02149 January 04, December 24, Finance Limited Kohinoor City Mall, 2017 2025 Kohinoor City. Kirol Road, Kurla(W), ,Mumbai, Maharashtra, 400070 2 Super 23B, Netaji Subhas B05.05625 October 17, December 26, Commodities Pvt Road 1st Floor, Room 2003 2025 Ltd No. 123, Kolkata, West Bengal, India, 700001 3 Silfix Tradelink 23B, N. S. Road 1st B-05.04457 October 03, December 26,3 Pvt. Ltd. Floor, Room No 123, 2001 2025 Kolkata, Kolkata, West Bengal, 700001 4 Sakthi Traders Poddar Court, Gate B05.03490 May 29, 2003 December 26, Pvt Ltd No.-1, 3rd Floor, 2025 Room No.- 333 18, Rabindra Sarani, Kolkata, West Bengal, 700001 5 Yaduka Financial 16/1A, Abdul Hamid N.05.06760 September 11, December 26, Services Limited Steet, 2nd Floor, 2013 2025 Room No - 2b, Kolkata, Kolkata, West Bengal, 700069 (Brij Raj) Press Release: 2025-2026/1872 Chief General Manager

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