Suchitra Finance & Trading Co. Ltd. was incorporated as a public limited company on 9th December, 1981 dedicated to finance Industrial enterprises. In due course, the company got registered as a Non-Banking Finance Company (NBFC) Non- Deposit accepting (ND-Non SI) under the Reserve Bank of India Act, 1932 on 2nd May, 1998.
The company is incorporated mainly to finance Industrial enterprises and to promote, form or acquire any company to pursue the business as empowered by the Memorandum of Association.
The securities of the Company are listed on the Calcutta Stock Exchange (CSE) & Bombay Stock Exchange (BSE).
The company was promoted & managed by 7 promoters in 1981. In the year 2011, the company was taken over by M/s Marigold Investrade pvt. Ltd. a SPV (Special Purpose Vehicle) of Sangam Group of Companies, through an open offer, with an intention to trigger, new energy and enthusiasm and to redefine the path of progress of the company.