Deve Paints Limited
About Deve Paints Limited
Data last updated:
Deve Paints Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 14 December 1937 and has been in existence for over 89 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1901PLC002731. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25.65 Cr and a paid-up capital of ₹6.99 Cr. It is led by directors including Umamaheswari (Managing Director) and Chinnasamy Ravichandran (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per MCA filings, the company has satisfied charges of ₹6.72 Cr on record. Court records list 292 cases involving the company, including 33 filed by the company and 259 filed against it; 15 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Deve Paints has one previous CIN (Corporate Identification Number): U99999MH1901PTC002731. The current CIN is U99999MH1901PLC002731, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999MH1901PLC002731 | Current |
| U99999MH1901PTC002731 | Previous |
Contact details
Deve Paints Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGc – 1 C Wing Ground Floor Gundecha Onclave Khairani Rd Saki Naka, Andheri(E), Mumbai, Maharashtra, India – 400072
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Deve Paints 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
Financials of Deve Paints Limited
FY 2024 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Deve Paints Limited, buy the company report.
Board of directors of Deve Paints Limited
Deve Paints has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanchitha Vittal Shetty Also directs: Avm Tea and Agro Products Limited | Director | 26 Jul 2021 | 5 Years 2 Months | Current |
| Umamaheswari Also directs: Kuber Housing Investment and Finance Pvt Ltd, Avm Tea and Agro Products Limited, Tungbhadra Sugar Works Limited and 1 more | Managing Director | 20 Jun 2017 | 9 Years 4 Months | Current |
| Chinnasamy Ravichandran | Managing Director | 01 Jan 2009 | 17 Years 9 Months | Current |
Auditor
Deve Paints Limited is audited by AIMV & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AIMV & ASSOCIATES | FY 2022 | 114173W |
Shareholding
The shareholding of Deve Paints Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
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To see the full shareholding pattern of Deve Paints Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jul 1990 | 80042920 | Bank of Maharashtra | ₹2.5 Cr | Satisfied | |
| 03 Aug 1989 | 80016184 | Bank of Maharashtra | ₹3.42 Cr | Satisfied | |
| 18 Oct 1988 | 80020750 | Bank of Maharashtra | ₹30 Lakh | Satisfied | |
| 14 Sep 1984 | 80042919 | Bank of Maharashtra | ₹50 Lakh | Satisfied |
To see the full charge records of Deve Paints Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Deve Paints Limited has 292 court cases on record: 33 filed by Deve Paints, 259 filed against it. 15 cases are pending and 277 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 255 | 233 | 9 |
| District courts | 31 | 23 | 6 |
| Supreme Court | 6 | 3 | 0 |
Cases on record (5 of 292)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2902-Labour and Industrial Laws : Payment of wages, bonus, provident fund, gratuity, service benefits, benefits under ESIC Act, 1948, compensation under Workmen's Compensation Act, 1923 (now Employees Compensation Act, 1923)and payment of overtime wages and minimum wage.) | Filed against the company by individuals | Disposed |
| Bombay High Court | Court case (AO) | Filed by the company against Gokuldas Khimji Pvt Ltd and 2 others | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Gokuldas Khimji Pvt Ltd and 2 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Gokuldas Khimji Pvt Ltd and 2 others | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Gokuldas Khimji Pvt. Ltd. and 2 others | Disposed |
To see the full case history of Deve Paints 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 Deve Paints Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Deve Paints has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Deve Paints Limited, buy the company report.
Recent activity
Deve Paints Limited has 15 board changes on record since 2008: 4 appointments and 11 cessations. The latest: Sanchitha Vittal Shetty ceased to be Additional Director on 30 Nov 2021.
15 earlier events are in the company report.
Frequently asked questions
Deve Paints is an active public limited company based in Mumbai, Maharashtra, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 14 December 1937 (89+ years old) and is registered under CIN U99999MH1901PLC002731.
Deve Paints has 3 current directors:
- Umamaheswari - Managing Director
- Chinnasamy Ravichandran - Managing Director
- Sanchitha Vittal Shetty - Director
The latest financial statements of Deve Paints on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Deve Paints has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Deve Paints is U99999MH1901PLC002731. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Deve Paints has 292 court cases on record: 33 filed by the company and 259 filed against it. 15 are pending. Most are in the high courts.
Deve Paints was incorporated on 14 December 1937, making it 89+ years old. It is registered with the Registrar of Companies, Mumbai.
Sanchitha Vittal Shetty ceased to be Additional Director on 30 Nov 2021. Muthu Minu ceased to be Director on 26 Jul 2021. Sanchitha Vittal Shetty was appointed as Director on 26 Jul 2021. Deve Paints has 15 board changes on record in total.
The registered office of Deve Paints is at Gc – 1 C Wing Ground Floor Gundecha Onclave Khairani Rd Saki Naka, AndheriE, Mumbai, Maharashtra, India – 400072.
Deve Paints operates in the manufacturing industry, in the paint and coatings segment.