Our client company is registered as a Nonâ€ Banking Financial
Company (NBFC) under Section 45‐1A of the Reserve Bank of India Act, 1934
from the RBI as on March 5, 2013 with its Corporate Office in Mumbai. The
company is engaged in the business of financing and facilitating financing for
purpose of sale, distribution, marketing of irrigation equipment manufactured
by Our client Irrigation India Pvt. Ltd. (a subsidiary of Our client Ltd.), to
customers in India.
NAFA is promoted by Our client. Israel, which introduced the
worlds™s first drip irrigation system in 1966. It is the pioneer in Drip
Irrigation system and developer of worldâs first online dripper. Our client
is the global leader in Smart Drip and Micros Irrigation Solutions for a
sustainable future with total revenue of around USD 1 bn. Our client with its
13 manufacturing plants worldwide has the largest share in Global
MicrosIrrigation Market. It has 2400 employees across five countries, global network
in 31 subsidiaries and Myriad Distributors covering 110 Countries. It is one of
the largest micro irrigation companies in the world.