Motor & General Finance

Incorporated in 1930, The Motor and General Finance Limited (MGF) is the flagship company of the MGF Group and one of India's oldest finance companies. The company perceives strong corporate governance as a key driver for sustainable growth and creating long-term value for its shareholders. Its primary objective is to foster a transparent corporate culture that enhances shareholder wealth by identifying valuable opportunities. Currently, the company's main business activity involves the renting and leasing of property, which is its central operational focus. As a strategic move, the company is actively exploring the potential sale or lease of its major real estate projects in New Delhi. In a significant turnaround, the company achieved a profit before tax of ?139.25 Lacs this year, recovering from a loss in the previous year.;