The Company is a Non Banking Finance Company engaged in the business of fund based and Non Fund based Activities. The Company has an expertise in managing Public Issues, Corporate Advisory, Corporate - Restructuring, Takeovers, Mergers & Acquisition etc.
In the year 2000 the Company was taken over by the present management after complying the SEBI (Substantial Acquisition of shares and takeover regulation) 1997 by Goyal Group headed by Mr.. S. C. Goyal. Mr. Goyal is a BE (Electrical Engg.), with Masters Degree from Massachusetts (USA) and an industrialist with rich experience of more than 25 years in the Industrial Gases field. He is the Chairman cum Director of Morgan Ventures Limited.
In the year 2004, the Company has changed its name from Doogar Associates Limited to Morgan Ventures Limited. The Company is a listed Company & the shares of the Company are listed and traded at Mumbai Stock exchange.
The company in FY 2002 had acquired the 1.13 MW windfarm, located in Tamil Nadu.
Tirunellavelli and Villages Narnapuram and Munduvellampatti, in District Erode in Tamilnadu with an installed capacity of 6.975 MW. The power generated shall be supplied to Tamil Nadu Electricity Board.
The Company has decided to set up these machines under its Divisions namely “ Kanyakumari Wind Farm” and “Erode Wind Farm”.
