Cg Power Solutions Limited, a dissolved under section 54 public limited company, was established on 14 March 2012 in Mumbai, Maharashtra, India. Engaging in power transmission & distribution services within the manufacturing sector, it holds CIN: U40300MH2012PLC228170. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.50 M.
It upholds a compliant status. Its leadership includes Tukaram Hanumant Desai (Director), Mohammed Minhajuddin (Director), Pramugdha Anand (Additional Director). Past directors included Raman Rajagopal, Madhav Acharya, Venkatesh Vaidyanathapuram Ramamoorthy. It holds no open charges and ₹300.00 Cr settled loans. Its latest AGM occurred on 29 November 2021, with the balance sheet filed on 31 March 2021. It is based at 6Th Floor, Cg House, Dr Annie Besant Road, Worli, Mumbai, Maharashtra, 400030.
U40300MH2012PLC228170
228170
14 March 2012
₹0.50 M
₹0.50 M
Roc Mumbai
Unlisted
Dissolved Under Section 54
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Tukaram Hanumant Desai | Director | 05 Feb 2021 | Current |
| Mohammed Minhajuddin | Director | 26 May 2021 | Current |
| Pramugdha Anand | Additional Director | 28 Feb 2022 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Additional Director | 11 Sep 2019 | Past |
| Pramod Abcsdd | Director | 30 Sep 2017 | Past |
| Pramod Abcsdd | Director | 30 Aug 2019 | Past |
| Pramod Abcsdd | Director | 28 Feb 2022 | Past |
| Pramod Abcsdd | Additional Director | 24 Aug 2021 | Past |
| Pramod Abcsdd | Director | 12 Sep 2019 | Past |
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Cg Power Solutions Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 100% increase in profit. The company's net worth witnessed no change by increase of 0%.
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In 2019, Cg Power Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹0
₹3,000,000,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Sep 2016 | Yes Bank Limited | ₹300.00 Cr | Satisfied |
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Pramugdha Anand was appointed as a Additional Director was appointed as a Additional Director on 28 Feb 2022 & has been associated with this company since 3 years 10 months . was recorded as a recent event.
The activity Cg Power Solutions Limited last Annual general meeting of members was held on 29 Nov 2021 as per latest MCA records. was completed.
The activity Mohammed Minhajuddin was appointed as a Director was appointed as a Director on 26 May 2021 & has been associated with this company since 4 years 7 months . was completed.
Cg Power Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai. was recorded as a recent event.
The activity Tukaram Hanumant Desai was appointed as a Director was appointed as a Director on 05 Feb 2021 & has been associated with this company since 4 years 11 months . was completed.
Progress on A charge registered on 22 Sep 2016 via Charge ID 100054880 with Yes Bank Limited was fully satisfied on 19 Mar 2018. was documented.
CG Power and Industrial Solutions Limited, Renesas and Stars Microelectronics recently signed an agreement to establish a joint venture to build and operate an OSAT facility in India..
Chennai, Feb 29 Murugappa Group's CG Power and Industrial Solutions Ltd on Thursday got the Union Cabinet's nod for setting up a semiconductor unit for specialised chips at an outlay of Rs 7,600 crore.CG Power, in partnership with Renesas Electronics Corporation, Japan and Stars Microelectronics, Thailand will set up the semiconductor unit in Gujarat's Sanand.Renesas is a leading semiconductor company focussed on specialised chips. It operates 12 semiconductor facilities and is an important player in micro-controllers, analogue, power, and System on Chip ('SoC') products.The CG Power’s semiconductor unit will have a capacity to make 15 million chips per day for consumer, industrial, automotive, and power applications.On February 8, CG Power had announced that it had signed an agreement to form a joint venture company to set up an outsourced semiconductor assembly and testing (OSAT) facility. As per the agreement, CG Power, Renesas, and Stars are to subscribe in one or more tranches, subject to satisfaction of conditions precedent, up to $205 million, $15 million, $ 2 million respectively, towards equity capital of the JV company to be formed representing approximately 92.34 per cent, 6.76 per cent, and 0.90 per cent, respectively.Meanwhile, CG Power, in a regulatory filing, said it has received a tax demand notice for Rs 188,78,91,580 from the Income Tax Department in respect of Assessment Year 2022-23. "The Company is in the process of filing an appeal against the disallowances/additions made in the Assessment Order, and also an application for rectification of the mistakes apparent in the Assessment Order," it said.At the bourses, the CG Power share on Thursday closed at Rs 443.85 after opening at Rs 428.70.Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor.
The CIN of Cg Power Solutions Limited is U40300MH2012PLC228170.
Cg Power Solutions Limited is headquartered at 6Th Floor, Cg House, Dr Annie Besant Road, Worli, Mumbai, Maharashtra, 400030.
Cg Power Solutions Limited was incorporated on 14 March 2012.
The current directors of Cg Power Solutions Limited are
The primary industry of Cg Power Solutions Limited is Manufacturing.
Cg Power Solutions Limited is unlisted.
The authorized capital of Cg Power Solutions Limited is ₹0.50 M, and the paid-up capital is ₹0.50 M.
The compliance status of Cg Power Solutions Limited is Compliant.
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