Global Infratech & Finance Limited announced shut down its operations in its infrastructure business and corporate office at Chennai, since the Infrastructure Business is incurring losses and there is little or no scope to bring the infrastructure business into profit. The company will henceforth carry its operations only in a single segment of Non-Banking Financial Company and will operate only from its Registered Office in Mumbai. The closure of the Infrastructure Business does not in any way effect the going concern of the company.

The company is looking forward to expand its business in the Non-Banking Financial Sector and expect to create niche in the non-banking financing business activities. By completely focusing on a single segment of Non-Banking Financial Activity, the company expects to create value and maximize shareholder's wealth.