The Company has been incorporated on 10th May, 1983 in the name of Paramount Mercantiles
Limited. The name of the Company was changed to Madanlal Limited on 5th December,
1991and has been listed at The Calcutta Stock Exchange Limited since 11th March, 1994. The
Company is a part of MKJ Group & Keventer Group of companies. The Company is engaged in
purchase and sale of securities and real estate sector.