India's Richest People 2026 edition · 1 director · Source: Hurun India
- #655 Kishore Musale & family ₹4,900 Cr
Diamond Labels Private Limited
Diamond Labels Private Limited - energy and power in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Active Private Limited Company energy and power
Revenue · FY 2025
₹3,500
▼ 100% YoY
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹4.5 Lakh
Issued & subscribed
Satisfied charges
₹1.41 Cr
No open charges
Company age
41 yrs
Est. 1985
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered
Last financials
Mar 2025
Balance sheet date
About Diamond Labels Private Limited
Data last updated:
Diamond Labels Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 09 July 1985 and has been in existence for over 41 years.
Its director Kishore Musale and family are #655 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93000MH1985PTC036783. Its GSTIN is 27AAACD4470A2Z4 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.5 Lakh. It was formerly known as Accel Motors Private Limited and Diamond Labels Pvt Ltd. It is led by directors Chhaya Kishore Musale and Kishore Manohar Musale.
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 Mumbai, Maharashtra.
Its group structure includes 28 subsidiaries.
As per MCA filings, the company has satisfied charges of ₹1.41 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U93000MH1985PTC036783
Registration Number 036783
Incorporation Date 09 July 1985
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
Name history
Diamond Labels has undergone 3 name changes throughout its history. The company was previously known as Accel Motors Private Limited, Diamond Labels Pvt Ltd, and Perfect Mining Company Private Limited. The current legal name is Diamond Labels Private Limited.
| Company Name | Status |
|---|---|
| Diamond Labels Private Limited | Current |
| Accel Motors Private Limited | Previous |
| Diamond Labels Pvt Ltd | Previous |
| Perfect Mining Company Private Limited | Previous |
CIN history
Diamond Labels has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U93000MH1985PTC036783, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U93000MH1985PTC036783 | Current |
| U34200MH1985PTC036783 | Previous |
| U28999MH1985PTC036783 | Previous |
Recognitions & Rankings of Diamond Labels
Contact details
Diamond Labels Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressClassic Stripes House 76/79 Makwana Lane Takpada Off. Andheri – Kurla Road Marol, Andheri, Mumbai, Maharashtra, India – 400059
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Diamond Labels Private Limited, buy the company report.
Comprehensive company report
Diamond Labels Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Diamond Labels is electricity, gas, steam and air conditioning supply. In detail, this covers electricity, gas, steam and air conditioning supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply |
Financials of Diamond Labels Private Limited
FY 2025 filings availableDiamond Labels Private Limited reported revenue of ₹3,500 (down 100% YoY) for FY 2025.
Revenue · FY 2025
₹3,500 ▼ 100%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▼ 87%
5 years · compounded
▼ 73%
Revenue has declined at a compounded annual rate (CAGR) of 73% over five years. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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To see the full financial statements and ratios of Diamond Labels Private Limited, buy the company report.
Board of directors of Diamond Labels Private Limited
Diamond Labels has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chhaya Kishore Musale Also directs: Bhoomi Mining Private Limited, Astarc Enterprises Private Limited, Fame Farmatech Private Limited and 5 more | Director | 09 Jul 1985 | 41 Years 4 Months | Current |
| Kishore Manohar Musale Also directs: Farmhive Private Limited, Bhoomi Mining Private Limited, Durabuild Technologies Private Limited and 5 more | Director | 09 Jul 1985 | 41 Years 4 Months | Current |
Auditor
Diamond Labels Private Limited is audited by M M JAJU & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M M JAJU & CO | FY 2019 | 104009W |
Shareholding
The shareholding of Diamond Labels Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Diamond Labels Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹1.41 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 May 2002 | 90231122 | The Saraswat Co-Op Bank Ltd. | ₹30 Lakh | Satisfied | |
| 27 Feb 2002 | 80025782 | The Saraswat Co-Op. Bank Ltd. | ₹89.32 Lakh | Satisfied | |
| 27 Feb 2002 | 80026515 | The Saraswat Co-Op. Bank Ltd. | ₹10.68 Lakh | Satisfied | |
| 05 Oct 1985 | 90227814 | The Saraswat Co-Op Bank Ltd. | ₹7.9 Lakh | Satisfied | |
| 03 Oct 1985 | 90227813 | The Saraswat Co-Op Bank Ltd. | ₹3 Lakh | Satisfied |
To see the full charge records of Diamond Labels Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Diamond Labels Private Limited has 3 court cases on record: 2 filed by Diamond Labels, 1 filed against it. All cases are disposed.
Total cases
3
Filed by the company
2
Filed against the company
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against State of Maharashtra and Anr. | Disposed |
| Bombay High Court | Writ petition | Filed by the company against State of Maharashtra and Anr. | Disposed |
| District court, Satara, Maharashtra | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Diamond Labels Private 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 Diamond Labels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Diamond Labels has 28 subsidiary companies. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
28
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Flay Mining Private Limited | U12000MH2008PTC177898 | |
| Frontline Mining Private Limited | U12000MH2008PTC177903 | |
| Asta Mining Private Limited | U12000MH2008PTC179751 | |
| Generation Mining Private Limited | U13200MH2008PTC177810 | |
| Iway Mining Private Limited | U13200MH2008PTC177904 | |
| Mayflower Mining Private Limited | U13200MH2008PTC177905 |
To see the full group structure of Diamond Labels Private Limited, buy the company report.
GST
Diamond Labels has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACD4470A2Z4 | Maharashtra | Active | 09 May 2018 |
To see the full GST registrations and return filing status of Diamond Labels Private Limited, buy the company report.
Recent activity
Diamond Labels Private Limited has 4 board changes on record since 1985: 2 appointments and 2 cessations. The latest: Chhaya Kishore Musale ceased to be Director on 01 Sep 2025.
AGM
Diamond Labels Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Chhaya Kishore Musale ceased to be Director.
Filing
Diamond Labels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Kishore Manohar Musale ceased to be Managing Director.
Charges
A charge registered on 05 Oct 1985 via Charge ID 90227814 with The Saraswat Co-Op Bank Ltd. was fully satisfied on 17 Jul 2015.
Charges
A charge registered on 03 Oct 1985 via Charge ID 90227813 with The Saraswat Co-Op Bank Ltd. was fully satisfied on 17 Jul 2015.
Charges
A charge registered on 20 May 2002 via Charge ID 90231122 with The Saraswat Co-Op Bank Ltd. was fully satisfied on 27 Jun 2015.
Charges
A charge registered on 27 Feb 2002 via Charge ID 80025782 with The Saraswat Co-Op. Bank Ltd. was fully satisfied on 20 Mar 2007.
Charges
A charge registered on 27 Feb 2002 via Charge ID 80026515 with The Saraswat Co-Op. Bank Ltd. was fully satisfied on 10 Feb 2007.
Charges
A charge with The Saraswat Co-Op Bank Ltd. amounted to Rs. 30.00 Lakh with Charge ID 90231122 was registered on 20 May 2002.
Charges
A charge with The Saraswat Co-Op. Bank Ltd. amounted to Rs. 10.68 Lakh with Charge ID 80026515 was registered on 27 Feb 2002.
Charges
A charge with The Saraswat Co-Op. Bank Ltd. amounted to Rs. 89.32 Lakh with Charge ID 80025782 was registered on 27 Feb 2002.
7 earlier events are in the company report.
Frequently asked questions
Diamond Labels is an active private limited company based in Mumbai, Maharashtra, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 09 July 1985 (41+ years old) and is registered under CIN U93000MH1985PTC036783.
Diamond Labels has 2 current directors:
- Chhaya Kishore Musale - Director
- Kishore Manohar Musale - Director
The latest financial statements of Diamond Labels 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 2015 are in the company report.
The GSTIN of Diamond Labels is 27AAACD4470A2Z4, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Diamond Labels is U93000MH1985PTC036783. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Diamond Labels has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the high courts.
Diamond Labels was incorporated on 09 July 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.
Chhaya Kishore Musale ceased to be Director on 01 Sep 2025. Kishore Manohar Musale ceased to be Managing Director on 18 Apr 2022. Chhaya Kishore Musale was appointed as Director on 09 Jul 1985. Diamond Labels has 4 board changes on record in total.
The registered office of Diamond Labels is at Classic Stripes House 7679 Makwana Lane Takpada Off. Andheri – Kurla Road Marol, Andheri, Mumbai, Maharashtra, India – 400059.
Diamond Labels operates in the energy and power industry, in the power transmission and distribution services segment.
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