Mars Viniyog Pvt. Ltd. — NBFC Registration Status
Mars Viniyog Pvt. Ltd. is no longer registered with the Reserve Bank of India as a Non-Banking Financial Company (NBFC). The company surrendered its Certificate of Registration (CoR No. N-02.00382), and RBI — in exercise of powers conferred under Section 45-IA(6) of the Reserve Bank of India Act, 1934 — cancelled the CoR on June 11, 2026.
Registration Details
| Company name | Mars Viniyog Pvt. Ltd. |
| Registered office | 302, Eden Park, 20, Vittal Mallya Road, Bangalore Bazaar, Bangalore North - 560001 |
| CoR number | N-02.00382 |
| CoR issued on | November 28, 2025 |
| CoR cancelled on | June 11, 2026 |
| Reason for cancellation | Surrendered — exit from NBFI business |
| Legal basis | Section 45-IA(6), Reserve Bank of India Act, 1934 |
| Current status | Not registered — cannot transact NBFI business |
What Does This Cancellation Mean?
The company surrendered its Certificate of Registration because it exited the business of a Non-Banking Financial Institution (NBFI). RBI cancelled the CoR under Section 45-IA(6) of the RBI Act, 1934.
Under Section 45-IA of the RBI Act, 1934, no company can commence or carry on the business of a non-banking financial institution without obtaining a Certificate of Registration from RBI. Once the CoR is cancelled, Mars Viniyog Pvt. Ltd. cannot transact the business of a Non-Banking Financial Institution as defined in clause (a) of Section 45-I of the Act.
A surrender-based cancellation like this one is a voluntary, orderly exit — it is different from an RBI-initiated cancellation. Either way, the practical effect for the public is the same: the entity is no longer an RBI-regulated NBFC.
Frequently Asked Questions
Is Mars Viniyog Pvt. Ltd. registered with RBI as an NBFC?
No. Mars Viniyog Pvt. Ltd. no longer holds a valid Certificate of Registration (CoR) as a Non-Banking Financial Company. RBI cancelled its CoR (No. N-02.00382) on June 11, 2026 under Section 45-IA(6) of the Reserve Bank of India Act, 1934, after the company surrendered the certificate.
Why was the CoR of Mars Viniyog Pvt. Ltd. cancelled?
The company surrendered its Certificate of Registration because it exited the business of a Non-Banking Financial Institution (NBFI). RBI cancelled the CoR under Section 45-IA(6) of the RBI Act, 1934.
Can Mars Viniyog Pvt. Ltd. carry on NBFC business now?
No. After cancellation of the Certificate of Registration, the company cannot transact the business of a Non-Banking Financial Institution as defined in clause (a) of Section 45-I of the RBI Act, 1934. Dealing with an entity that carries on NBFI business without a valid CoR is not protected by RBI regulation.
How do I verify the current registration status of any NBFC?
Check the Reserve Bank of India's official website, which publishes the list of registered NBFCs as well as lists of entities whose Certificates of Registration have been cancelled or surrendered. Always verify an entity's CoR before placing deposits or borrowing.
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Disclaimer:This page reflects the Reserve Bank of India's public announcement of the cancellation of this company's Certificate of Registration and is provided for information only. For the authoritative, current registration status of any NBFC, verify against the lists published on the official RBI website (rbi.org.in).