Aneri Fincap Ltd.

Aneri Fincap Limited is a Non-Banking Financing Company registered with the Reserve Bank of India, which operates within the single business segment of Finance. The main goal of its risk management is to identify, monitor, and take precautionary measures against events that may pose business risks. The company's principal business is to give loans, functioning under the regulatory framework for Non-Banking Finance Companies. Due to major bad-debts combined with trade depression and price fluctuations, the company's business has suffered a significant setback. Consequently, the management has decided to file an application for insolvency under the Insolvency and Bankruptcy Code, 2016. Reflecting these difficulties, the company recorded a net loss of ?968.04 lakhs for the year, an increase from the previous year's loss.;