Lerthai Finance

Lerthai Finance Limited, formerly Marathwada Refractories Ltd, previously manufactured and traded refractory products and various types of bricks. The company's core philosophy now centers on maximizing shareholder value through legal, ethical, and sustainable business practices. After halting its manufacturing business, the management team has been actively searching for viable new business opportunities. In the transition period, the company's main source of revenue has been the interest earned on its fixed deposits. As India's economy recovers and gears for growth, the company's promoters remain optimistic about its future prospects. A key director holds a majority stake of 75% in the company, amounting to 5,25,000 equity shares.;