Changing Lives Micro Finance Foundation
About Changing Lives Micro Finance Foundation
Data last updated:
Changing Lives Micro Finance Foundation is a private not for profit company based in Nagpur, Maharashtra, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 16 November 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U74120MH2015NPL270173.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Charles James Craig and Vipin Timothy Vincent Bower.
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 Flat No S 2 Papolar Layout Wadi, Nagpur, Maharashtra, India – 440023.
As per the financials filed for FY 2024, the company reported a revenue of ₹11,905, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹6.95 Lakh and EBITDA of -₹6.71 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 62% over three years and 57% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Changing Lives Micro Finance Foundation's registered office is in Nagpur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No S 2 Papolar Layout Wadi, Nagpur, Maharashtra, India – 440023
- IndustryFinancial Services, Financial Activities
To see the full contact details of Changing Lives Micro Finance Foundation, 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 Changing Lives Micro Finance Foundation is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Changing Lives Micro Finance Foundation, buy the company report.
Financials of Changing Lives Micro Finance Foundation
FY 2025 filings availableChanging Lives Micro Finance Foundation reported revenue of ₹11,905 (down 95% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 57% over five years, including a 95% fall in the latest year. EBITDA fell 150% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹6.71 Lakh | ||||
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| Net Profit (PAT) | -₹6.95 Lakh | ||||
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Financial Ratios
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To see the full financial statements and ratios of Changing Lives Micro Finance Foundation, buy the company report.
Board of directors of Changing Lives Micro Finance Foundation
Changing Lives Micro Finance Foundation has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Charles James Craig | Director | 16 Nov 2015 | 10 Years 11 Months | Current |
| Vipin Timothy Vincent Bower | Director | 16 Nov 2015 | 10 Years 11 Months | Current |
| Joseph Daniel Palavilayil | Director | 16 Nov 2015 | 10 Years 11 Months | Current |
| Mallela Premjit Kumar | Director | 30 Sep 2019 | 7 Years 1 Months | Current |
| Regi Kunjachen Lucos | Director | 16 Nov 2015 | 10 Years 11 Months | Current |
Auditor
Changing Lives Micro Finance Foundation is audited by TACS & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TACS & CO. | FY 2017 | 115064W |
Shareholding
The shareholding of Changing Lives Micro Finance Foundation is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Changing Lives Micro Finance Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Changing Lives Micro Finance Foundation are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Changing Lives Micro Finance Foundation; 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 Changing Lives Micro Finance Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Changing Lives Micro Finance Foundation has 7 board changes on record since 2015: 5 appointments and 2 cessations. The latest: Charles James Craig ceased to be Director on 18 May 2025.
Frequently asked questions
Changing Lives Micro Finance Foundation is an active private not for profit company based in Nagpur, Maharashtra, India. The company works in financial activities, within the financial services industry. It was incorporated on 16 November 2015 (11+ years old) and is registered under CIN U74120MH2015NPL270173.
Changing Lives Micro Finance Foundation has 5 current directors:
- Charles James Craig - Director
- Vipin Timothy Vincent Bower - Director
- Joseph Daniel Palavilayil - Director
- Mallela Premjit Kumar - Director
- Regi Kunjachen Lucos - Director
The latest financial statements of Changing Lives Micro Finance Foundation 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 FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Changing Lives Micro Finance Foundation is U74120MH2015NPL270173. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Changing Lives Micro Finance Foundation was incorporated on 16 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Nagpur.
Charles James Craig ceased to be Director on 18 May 2025. Mallela Premjit Kumar was appointed as Director on 30 Sep 2019. Anuj Patro ceased to be Director on 30 Nov 2018. Changing Lives Micro Finance Foundation has 7 board changes on record in total.
The registered office of Changing Lives Micro Finance Foundation is at Flat No S 2 Papolar Layout Wadi, Nagpur, Maharashtra, India – 440023.
Changing Lives Micro Finance Foundation operates in the financial services industry, in the financial activities segment.
The compliance status of Changing Lives Micro Finance Foundation is compliant as of 26 July 2026. The company is actively filing with the Registrar of Companies.
Changing Lives Micro Finance Foundation can be reached at its registered office: Flat No S 2 Papolar Layout Wadi, Nagpur, Maharashtra, India – 440023.
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