The Swastik Safe Deposit and Investments Limited operates primarily as a non-banking financial company engaged in finance and investment activities. It offers a range of financial services including lending and investment management, serving clients mainly within India. The company manufactures and sells finance-related products and services, fostering investment opportunities and secure deposit mechanisms. Founded in 1940 and headquartered in Mumbai, it maintains a significant presence in the Indian financial sector and operates as a subsidiary of Piramal Corporate Services Private Limited.
Swastik Safe Deposit and Investments Limited has recently undergone major changes including the surrender of its NBFC license as approved by the board in 2025, indicating a strategic shift in its operational framework. The company also changed its name to E & E Enterprises Limited in October 2025, reflecting a possible reorganization or expansion of its business scope. Additionally, there have been key appointments in management such as the appointment of a new Company Secretary and Compliance Officer in late 2025. These changes suggest an ongoing transformation in the company’s business strategy and governance.
Its core business segments include finance, investment management, and lending services directed towards retail and corporate customers. The company’s operations are concentrated primarily in India, with a strong base in Mumbai. It is publicly listed on the Bombay Stock Exchange and the Delhi Stock Exchange, with its shares actively traded under the security code 501386. The company holds a legacy dating back to its incorporation under the Indian Companies Act of 1913. The financial data indicate modest market capitalization and revenue as of recent fiscal reports, underscoring its status as a focused finance and investment firm targeting niche market opportunities within India.
Overall, The Swastik Safe Deposit and Investments Limited positions itself as a specialized player in the financial services sector, offering core lending and investment products while undergoing strategic transitions aimed at redefining its business model and market presence within the Indian financial ecosystem.