Bagalkot Udyog Limited
About Bagalkot Udyog Limited
Data last updated:
Bagalkot Udyog Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 21 December 1948 and has been in existence for over 78 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L99999MH1948PLC006830. The company has 2 GST registrations on record, none of which is active. It is recorded as listed by MCA, but its shares were delisted from BSE on 26 Sep 2025 · voluntary delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹45 Cr and a paid-up capital of ₹85.08 Lakh. It was formerly known as Kanoria Industries Limited and Bagalkot Cement Company Limited. It is led by directors including Pradnya Jayesh Kambli and Poonam Dinesh Yadav.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Stadium House Block No.1 6th Floor Veer Nariman Road Churchgate, Mumbai, Maharashtra, India – 400020.
As per MCA filings, the company has open charges of ₹99.14 Cr and satisfied charges of ₹21.36 Cr on record. Court records list 706 cases involving the company, including 522 filed by the company and 184 filed against it; 16 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Bagalkot Udyog has undergone 2 name changes throughout its history. The company was previously known as Kanoria Industries Limited, and Bagalkot Cement Company Limited. The current legal name is Bagalkot Udyog Limited.
| Company Name | Status |
|---|---|
| Bagalkot Udyog Limited | Current |
| Kanoria Industries Limited | Previous |
| Bagalkot Cement Company Limited | Previous |
Contact details
Bagalkot Udyog Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressStadium House Block No.1 6th Floor Veer Nariman Road Churchgate, Mumbai, Maharashtra, India – 400020
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Bagalkot Udyog 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 Bagalkot Udyog 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 Bagalkot Udyog Limited, buy the company report.
Financials of Bagalkot Udyog Limited
FY 2024 filings availableBagalkot Udyog Limited reported revenue of ₹3,444 (down 31% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 68% over five years, including a 31% fall in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Bagalkot Udyog Limited, buy the company report.
Board of directors of Bagalkot Udyog Limited
Bagalkot Udyog has 5 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradnya Jayesh Kambli | Director | 20 Dec 2019 | 6 Years 10 Months | Current |
| Poonam Dinesh Yadav Also directs: Serene Wines LLP, Trident Agrocom Exports Limited | Director | 13 Jun 2022 | 4 Years 4 Months | Current |
| Sitalaxmi Sachin Sankarankutty | Director | 13 Jun 2022 | 4 Years 4 Months | Current |
| Kirti Sagar More | Director | 22 Apr 2026 | 0 Years 6 Months | Current |
| Dhaval Nityendra Raut | Director | 22 Apr 2026 | 0 Years 6 Months | Current |
Peer comparison
Bagalkot Udyog Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bagalkot Udyog Limitedthis company | ₹3,444 (FY 2023) | -31.0% | Mumbai, Maharashtra, India | |||
| J S R Infra Holdings India Private Limited | ₹3,400 (FY 2025) | -100.0% | Hyderabad, Telangana, India | |||
| Chen Vyapaar Private Limited | ₹3,400 (FY 2025) | -93.0% | Kolkata, West Bengal, India | |||
| Yards Technovation Private Limited | ₹3,397 (FY 2024) | -46.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Bagalkot Udyog Limited, buy the company report.
Auditor
Bagalkot Udyog Limited is audited by Chetan Jain & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chetan Jain & Associates | FY 2022 | 128229W |
Shareholding
The shareholding of Bagalkot Udyog Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Bagalkot Udyog Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Oct 1998 | 90222944 | Punjab National Bank | ₹1 Cr | Open | |
| 24 Nov 1997 | 90222828 | Industrial Devlopment Bank of India | ₹4 Cr | Open | |
| 22 Oct 1997 | 90222819 | Dena Bank | ₹2 Cr | Open | |
| 04 Aug 1997 | 90222789 | Canara Bank | ₹75 Lakh | Open | |
| 04 Jul 1997 | 90222776 | Industrial Devlopment Bank of India | ₹3 Cr | Open |
To see the full charge records of Bagalkot Udyog Limited, buy the company report.
Total charge records: 70 View all charges
Legal cases
Bagalkot Udyog Limited has 706 court cases on record: 522 filed by Bagalkot Udyog, 184 filed against it. 16 cases are pending and 690 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 403 | 36 | 8 |
| High courts | 279 | 137 | 8 |
| Supreme Court | 24 | 11 | 0 |
Cases on record (5 of 706)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed by the company against Suyog Sales Agency Pvt. Ltd. and 5 others | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (P.Appeal) | Filed by the company against Messers Vijay Anand and Associates Pvt Ltd and 6 others | Disposed |
| Supreme Court | Court case (3307-Eviction Under The Public Premises (Eviction) Act : Others) | Filed by the company against M/S Air India Ltd | Disposed |
| High Court of Karnataka | Court case (MFA) | Filed by the company against an individual | Pending |
| District court, BAGALKOT, Karnataka | Court case (R.A.) | Filed by the company against an individual | Pending |
To see the full case history of Bagalkot Udyog 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 Bagalkot Udyog Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bagalkot Udyog has 2 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 Bagalkot Udyog Limited, buy the company report.
Recent activity
Bagalkot Udyog Limited has 27 board changes on record since 1987: 16 appointments and 11 cessations. The latest: Dhaval Nityendra Raut was appointed as Director on 22 Apr 2026.
116 earlier events are in the company report.
Frequently asked questions
Bagalkot Udyog is an active public limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 21 December 1948 (78+ years old) and is registered under CIN L99999MH1948PLC006830.
Bagalkot Udyog has 5 current directors:
- Pradnya Jayesh Kambli - Director
- Poonam Dinesh Yadav - Director
- Sitalaxmi Sachin Sankarankutty - Director
- Kirti Sagar More - Director
- Dhaval Nityendra Raut - Director
The latest financial statements of Bagalkot Udyog on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Bagalkot Udyog has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Bagalkot Udyog is L99999MH1948PLC006830. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bagalkot Udyog is recorded as a listed company by MCA, but its shares were delisted from BSE on 26 Sep 2025 · voluntary delisting, and no longer trade on a stock exchange.
Bagalkot Udyog has 706 court cases on record: 522 filed by the company and 184 filed against it. 16 are pending. Most are in the district courts.
Bagalkot Udyog was incorporated on 21 December 1948, making it 78+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Bagalkot Udyog by revenue are J S R Infra Holdings India Private Limited, Chen Vyapaar Private Limited, Yards Technovation Private Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Dhaval Nityendra Raut was appointed as Director on 22 Apr 2026. Kirti Sagar More was appointed as Director on 22 Apr 2026. Poonam Dinesh Yadav was appointed as Director on 13 Jun 2022. Bagalkot Udyog has 27 board changes on record in total.
The registered office of Bagalkot Udyog is at Stadium House Block No.1 6th Floor Veer Nariman Road Churchgate, Mumbai, Maharashtra, India – 400020.