Sunday, August 2, 2009

Foreign nationals did buy shares and stocks in India

Foreign nationals did buy and sell shares in Indian companies. Image of original share certificates of many such companies are enclosed.

As per the certificates, the original allotees/holder were British nationals. The dates range from 1900 to 1963. Subsequently, these shares were sold to others but definitely it established that the foreign nationals esp British did participate in the stock market activity.




The New Victoria Mills Co, Limited

Promoted in United Provinces (now Uttar Pradesh) under the Indian Companies Act of 1913.
Share certificate dated 14th May 1943 in the name of James Gordon Esq, of Scotland




The Empire Jute Company Limited

Promoted under the Indian Companies Acts of 1882 and 1910, the Company was part of the agency House McLeod & Company
Share certificate dated 10th September 1934 in the name of Calcutta Discount Co Ltd.




The East Indian Coal Co Limited

The Company was part of the agency House Jardine Simmer & Co.
Share certificate of Pound 1 each, dated 15th April 1909 in the name of Charles Law Biscoe. Note the address of the investor is shown as ``C/o National Bank of India, Calcutta''.




The Equitable Coal Co Limited

The Company was part of the agency House Macneill & Co. Promoted under the Indian Companies Acts of 1882 and 1895, to exploit the coal in Asansol region of Bengal.
Share certificate dated 11th March 1937 in the name of James Macgregor Esq.




Durbhanga Sugar Co Limited

The Company was promoted in financial partnership with the Royal family of Darbhanga, whose other venture were Octavious Steel, British India Corporation and amny more
Share certificate dated 27th April 1943 in the name of Messers Fenchurch Nominees Limited of London. Fenchurch Nominees Limited is a leading Financial investor in the Global Equities market


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