About Agnite Education Limited
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Agnite Education Limited is a public limited company based in Chennai, Tamil Nadu, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the corporate training and development segment of the education sector. It was incorporated on 10 April 1990.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72300TN1990PLC019024. The company has 4 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹210 Cr and a paid-up capital of ₹39.33 Cr. It was formerly known as Teledata Informatics Limited. It is led by directors including Padmanabhan (Managing Director) and Muthusami Seetharaman Iyer.
Its last annual general meeting (AGM) was held on 30 September 2010, and its latest financial statements are for the year ended 31 March 2010. The registered office is at Chennai, Tamil Nadu.
The company is associated with 1 brand: Agnite Education. As per MCA filings, the company has open charges of ₹843.6 Cr and satisfied charges of ₹135 Cr on record. Court records list 150 cases involving the company, including 100 filed by the company and 50 filed against it; 12 cases are pending. The company has 47 deals on record (47 market trades); the latest was in April 2010.
The last known website on record is agniteedu.com.
Company details
CIN history
Agnite Education has one previous CIN (Corporate Identification Number): L72300TN1990PLC019024. The current CIN is U72300TN1990PLC019024, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72300TN1990PLC019024 | Current |
| L72300TN1990PLC019024 | Previous |
Contact details
Agnite Education Limited's registered office is in Chennai, Tamil Nadu.
- Registered Address'Teledatatower Firstfloor 37/1 Velacherytambarammainroad Vela, Chery, Chennai, Tamil Nadu, India – 600042
- IndustryEducation, Corporate Training & Development
- 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
Brands
Agnite Education operates one associated brand: Agnite Education. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of educational and software solutions | agniteedu.com |
Financials of Agnite Education Limited
FY 2010 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Agnite Education Limited, buy the company report.
Board of directors of Agnite Education Limited
Agnite Education has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muthusami Seetharaman Iyer | Director | 29 Dec 2001 | 24 Years 10 Months | As last reported |
| Balasubramanian Krishnamurthy | Director | 01 Apr 2003 | 23 Years 7 Months | As last reported |
| Rajarathinam Ravichandran Also directs: Soltius Infotech India Private Limited | Director | 23 Jul 2005 | 21 Years 3 Months | As last reported |
| Padmanabhan | Managing Director | 01 Jun 2005 | 21 Years 5 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Oct 2008 | 10129282 | State Bank of India | ₹389.6 Cr | Open | |
| 09 Oct 2007 | 10072921 | State Bank of Travancore | ₹2 Cr | Open | |
| 25 Apr 2007 | 10051337 | Canara Bank | ₹132 Cr | Open | |
| 18 Aug 2004 | 90290471 | State Ban of India | ₹10 Cr | Open | |
| 18 Aug 2004 | 90289172 | State Bank of India | ₹310 Cr | Open |
To see the full charge records of Agnite Education Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Agnite Education Limited has 47 deals on record (47 market trades); the latest was in April 2010.
Deals on record (5 of 47)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2009 | Market trade | ₹1.89 Cr | Buyer: JMP Securities Private Limited Seller: JMP Securities Private Limited , Angel One Limited |
| Feb 2007 | Market trade | ₹6.5 Cr | Buyer: JMP Securities Private Limited Seller: JMP Securities Private Limited |
| Jan 2007 | Market trade | ₹4.21 Cr | Buyer: JMP Securities Private Limited Seller: JMP Securities Private Limited |
| Jan 2007 | Market trade | ₹2.81 Cr | Buyer: JMP Securities Private Limited Seller: JMP Securities Private Limited |
| Dec 2006 | Market trade | ₹6.52 Cr | Buyer: JMP Securities Private Limited Seller: JMP Securities Private Limited |
To see the full deal history of Agnite Education Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Agnite Education Limited has 150 court cases on record: 100 filed by Agnite Education, 50 filed against it. 12 cases are pending and 138 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 78 | 25 | 4 |
| High courts | 72 | 25 | 8 |
Cases on record (5 of 150)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Civil suit | Filed against the company by Teledata Marine Solutions Ltd and 1 other | Pending |
| District court, Chennai, Tamil Nadu | Court case (COS) | Filed against the company by Kothari Orient Finance Ltd | Disposed |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed against the company by an individual | Pending |
| Madras High Court | Court case (COMP.A) | Filed by the company against The Registrar | Pending |
| District court, Dindigul, Tamil Nadu | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Agnite Education 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 Agnite Education Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Agnite Education has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Agnite Education Limited, buy the company report.
Recent activity
Agnite Education Limited has 9 board changes on record since 2001: 4 appointments and 5 cessations. The latest: Sakthivel Natarajapillai ceased to be Director on 04 Apr 2013.
9 earlier events are in the company report.
Frequently asked questions
Agnite Education is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Agnite Education is a company under liquidation, formerly operating as a public limited company based in Chennai, Tamil Nadu, India. The company works in corporate training and development, within the education industry. It was incorporated on 10 April 1990 and is registered under CIN U72300TN1990PLC019024. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Agnite Education has 4 current directors:
- Padmanabhan - Managing Director
- Muthusami Seetharaman Iyer - Director
- Balasubramanian Krishnamurthy - Director
- Rajarathinam Ravichandran - Director
The latest financial statements of Agnite Education on record with the MCA are for the year ended 31 March 2010. Its last annual general meeting was held on 30 September 2010. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Agnite Education is U72300TN1990PLC019024. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Agnite Education has open charges of ₹843.6 Cr and satisfied charges of ₹135 Cr as per latest MCA filings.
Agnite Education has 150 court cases on record: 100 filed by the company and 50 filed against it. 12 are pending. Most are in the district courts.
Agnite Education was incorporated on 10 April 1990. It is registered with the Registrar of Companies, Chennai.
Agnite Education has 47 deals on record (47 market trades); the latest was in April 2010.
Sakthivel Natarajapillai ceased to be Director on 04 Apr 2013. Sadasivam Deivanayagam ceased to be Company Secretary on 23 Aug 2012. Nachiappan Ramanathan ceased to be Company Secretary on 31 May 2012. Agnite Education has 9 board changes on record in total.
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