It is a financial services public limited company based in Belguam, Karnataka, India, established in 1992.
1992 | Belguam, Karnataka, India | ActiveAchal Finance Limited., a active public limited company, was established on 26 February 1992 in Belguam, Karnataka, India. Engaging in nbfc within the financial and insurance service sector, it holds CIN: U65992KA1992PLC012877. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹1.30 Cr.
Formerly known as Achal Finance Private Limited. It upholds a active non-compliant status. Its leadership includes Suhas Gurappa Humbarwadi (Managing Director), Virendra Gurappa Humbarwadi (Director), Roopa Suhas Humbarwadi (Director). Past directors included Anand Sadashiv Marathe, Roopa Suhas Humbarwadi. It holds ₹3.00 M open charges and ₹1.00 Cr settled loans. Its latest AGM occurred on 29 September 2018, with the balance sheet filed on 31 March 2018. It is based at 280/2, Mayflower Apartment, Agarkar Road, Tilakwadi,, Belguam, Karnataka, 590006.
U65992KA1992PLC012877
012877
26 February 1992
₹2.00 Cr
₹1.30 Cr
Roc Bangalore
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Suhas Gurappa Humbarwadi | Managing Director | 26 Feb 1992 | Current |
| Virendra Gurappa Humbarwadi | Director | 18 May 2001 | Current |
| Roopa Suhas Humbarwadi | Director | 02 Dec 2014 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 10 Oct 2014 | Past |
| Pramod Abcsdd | Additional Director | 18 Aug 2015 | Past |
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Achal Finance Limited., for the financial year ended 2018, experienced significant reduction in revenue, with a 99.39% decrease. The company also saw a substantial fall in profitability, with a 179.89% decrease in profit. The company's net worth dipped by a decrease of 3.37%.
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In 2018, Achal Finance had a promoter holding of 98.34% and a public holding of 1.66%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹3,000,000.00
₹10,000,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jan 2008 | The Western India Trustee And Executor Company Limited | ₹3.00 M | Open |
| 25 Aug 2000 | The United Western Bank Ltd. | ₹5.00 M | Satisfied |
| 10 Nov 1999 | The United Western Bank Ltd. | ₹5.00 M | Satisfied |
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The activity Achal Finance Limited. last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records. was completed.
The activity Achal Finance Limited. has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Bangalore. was completed.
Progress on A charge registered on 25 Aug 2000 via Charge ID 90199360 with The United Western Bank Ltd. was fully satisfied on 31 Jan 2017. was documented.
A charge registered on 10 Nov 1999 via Charge ID 90200430 with The United Western Bank Ltd. was fully satisfied on 31 Jan 2017. was recorded as a recent event.
Progress on Roopa Suhas Humbarwadi was appointed as a Director was appointed as a Director on 02 Dec 2014 & has been associated with this company since 11 years . was documented.
The activity A charge with The Western India Trustee And Executor Company Limited amounted to Rs. 0.30 Cr with Charge ID 10084991 was registered on 28 Jan 2008. was completed.
The CIN of Achal Finance Limited. is U65992KA1992PLC012877.
Achal Finance Limited. is headquartered at 280/2, Mayflower Apartment, Agarkar Road, Tilakwadi,, Belguam, Karnataka, 590006.
Achal Finance Limited. was incorporated on 26 February 1992.
The current directors of Achal Finance Limited. are
The primary industry of Achal Finance Limited. is Financial And Insurance Service.
Achal Finance Limited. is unlisted.
The authorized capital of Achal Finance Limited. is ₹2.00 Cr, and the paid-up capital is ₹1.30 Cr.
The compliance status of Achal Finance Limited. is Active Non-Compliant.
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