
Garnet Finance Limited
About Garnet Finance Limited
Data last updated:
Garnet Finance Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the asset financing companies segment of the financial services sector. It was incorporated on 05 January 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65910TG1985PTC005228.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.39 Cr. It is led by directors including Venkata Laxmi Sesha Ratnam Challa and Sudhakar Challa.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No 1 Tirumala Enclave Triumalgherry Secunderabad, Hyderabad, Telangana, India – 500017.
Court records list 49 cases involving the company, including 43 filed by the company and 6 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Garnet Finance has one previous CIN (Corporate Identification Number): U65910AP1985PTC005228. The current CIN is U65910TG1985PTC005228, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65910TG1985PTC005228 | Current |
| U65910AP1985PTC005228 | Previous |
Contact details
Garnet Finance Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No 1 Tirumala Enclave Triumalgherry Secunderabad, Hyderabad, Telangana, India – 500017
- IndustryFinancial Services, Asset Financing Companies
To see the full contact details of Garnet Finance Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Garnet Finance is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Garnet Finance Limited, buy the company report.
Financials of Garnet Finance Limited
FY 2025 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Garnet Finance Limited, buy the company report.
Board of directors of Garnet Finance Limited
Garnet Finance has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkata Laxmi Sesha Ratnam Challa Also directs: Garnet Marketing Private Limited | Director | 05 Jan 1985 | 41 Years 9 Months | Current |
| Sudhakar Challa Also directs: Garnet Marketing Private Limited | Director | 07 Jun 1995 | 31 Years 4 Months | Current |
| Aarati Challa | Director | 11 Dec 2017 | 8 Years 10 Months | Current |
Shareholding
The shareholding of Garnet Finance Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Garnet Finance Limited, buy the company report.
Legal cases
Garnet Finance Limited has 49 court cases on record: 43 filed by Garnet Finance, 6 filed against it. 1 case is pending and 48 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 43 | 1 | 1 |
| High courts | 4 | 3 | 0 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 49)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Execution petition | Filed by the company against an individual | Pending |
| Supreme Court | Interim or miscellaneous application | Filed against the company by The Commissioner of Police | Disposed |
| High Court, TELANGANA | Appeal | Filed by the company against Commissioner of Police Hyd and Ano | Disposed |
| Supreme Court | Court case (1511MISC-Criminal Law : Criminal matters other than covered by the aforesaid categories(SLPs arising out of quashing applications, orders framing charge, summoning orders, interim orders in criminal matters, withdrawal of prosecution, orders for further investigation/re-investigation etc.) | Filed against the company by Commissioner of Police, Hyderabad City and Competent Authority Under A.P. Protection Depositors of Financial Establishment Act, 1999 Special Officer in Charge Commissioner of Police, Hyderabad City and the Competent Authority Under A.P. Protection Depositors of Financial Establishment Act, 1999, Rep. by Special Officer In-Charge Madhu Mita Saini Office of the Advocate On Record,1 Ashoka Raod, Telangana Bhawan, New Delhi-110001 , District: New Delhi ,New Delhi , Delhi | Disposed |
| District court, Karimnagar, Telangana | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Garnet Finance Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Garnet Finance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Garnet Finance Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Garnet Finance Limited has 5 board changes on record since 1985: 3 appointments and 2 cessations. The latest: Kota Bhava Narayana ceased to be Director on 23 Apr 2019.
Frequently asked questions
Garnet Finance is an active company based in Hyderabad, Telangana, India. The company works in asset financing companies, within the financial services industry. It was incorporated on 05 January 1985 (41+ years old) and is registered under CIN U65910TG1985PTC005228.
Garnet Finance has 3 current directors:
- Venkata Laxmi Sesha Ratnam Challa - Director
- Sudhakar Challa - Director
- Aarati Challa - Director
The latest financial statements of Garnet Finance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Garnet Finance is U65910TG1985PTC005228. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garnet Finance has 49 court cases on record: 43 filed by the company and 6 filed against it. 1 is pending. Most are in the district courts.
Garnet Finance was incorporated on 05 January 1985, making it 41+ years old. It is registered with the Registrar of Companies, Hyderabad.
Kota Bhava Narayana ceased to be Director on 23 Apr 2019. Aarati Challa ceased to be Additional Director on 29 Sep 2018. Aarati Challa was appointed as Director on 11 Dec 2017. Garnet Finance has 5 board changes on record in total.
The registered office of Garnet Finance is at Plot No 1 Tirumala Enclave Triumalgherry Secunderabad, Hyderabad, Telangana, India – 500017.
Garnet Finance operates in the financial services industry, in the asset financing companies segment.
The compliance status of Garnet Finance is compliant as of 24 September 2026. The company is actively filing with the Registrar of Companies.

