SHEEBA KURIES LTD.

OPENS FIRST CENTRE IN KOCHI

Kochi, May 07th, 2011 Sheeba Kuries Ltd., the top chit Fund Company of

Maharashtra announced commencing operations of its first service Centre at Edappally, Kochi, today in a glittering ceremony at Hotel Le-meridian, Kochi. Grand opening event at Hotel Le-meridian, Kochi was attended by a large number of prominent people from Business community and professionals. Mega film star Bharat Suresh Gopi inaugurated the event. Chief Guest. Speaking on the occasion, Mr. M.D. Sreenivasan, the Chairman and Managing Director of Sheeba Group said that the Company already has a large number of subscribers from business community of Kerala, subscribing to the high value chits. and oldest, registered in Maharashtra, Sheeba Kuries enjoys many distinctions, - The Company proudly claims themselves to be the largest Nation's first Chit Fund Company to have achieved high tech standards in their business activities and also recognized to be the first ISO 9001 : 2008 Chit Fund Company in the country conducting Monthly, Weekly and Daily chits. - The Oldest, yet modern, equipped with expertise, enriched by a tradition that set it apart, whereon decades old heritage exudes kindness, respect, trust, quality, confidence and humble values with the special ingredient of personalized service. Centre at Kochi, like all other Sheeba units is well equipped with the modern gadgets - video conferencing facilities for participating in auction from any where, net work, connecting all branches through VPN IN system. Well trained customer care wing and well designed ambience adds to the attraction. Despite the fact that Sheeba Chits have been operating from Pune only so far the Company enjoys a large customer base from all over the Country and over seas, Mr. K.S. Mohan, the

additional General Manager of the Federal bank Ltd., was present on the occasion as the

Opening Service Centre in Kerala has been necessitated due to the ever increasing customer base particularly for the high value chits and their growing popularity from amongst the Business community and professionals of Kerala. Though this customer base is presently confined to subscribers for high value chits of Rs. One Crore and fifty lakhs, the Company plans to serve the cross section of Kerala Society by starting medium value chits in Monthly, weekly and daily series as well. In the coming years, the Company plans to open Centres in all major cities of Kerala, says Mr. Sreenivasan. At the functions in Hotel Le-meridian, Suraj Venjaramood and team performed and Asianet Idea Star Singer Artists enthralled the audience besides dance sequences of Archana Suseelan and team.