About Essel Highways Limited
Data last updated: 14 July 2025
Essel Highways Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Essel Infraprojects Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It specialises in general construction services, a part of the broader infrastructure and utilities sector. Incorporated on 12 November 2013, the company has been in operation for over 13 years.
Registered with ROC Mumbai under CIN U45200MH2013PLC274877.
Capital: an authorised share capital of ₹1,500 Cr and a paid-up capital of ₹578 Cr. Formerly known as Eil Highways Limited and Essel Roadways Limited. It is led by directors including Narendra Mohan Sahare and Ankur Kumar.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: 513/A 5Th Floor Kohinoor City Kirol Road Kurla (West), Mumbai, Maharashtra, India – 400070.
As per the financials filed for FY 2024, the company reported a revenue of ₹43,480, a decline of 50% compared to the previous year.
The company has a workforce of approximately 2 employees as per the latest available data. It operates as a subsidiary of Essel Infraprojects Limited. Its group structure includes 6 subsidiaries.
As per MCA filings, the company has open charges of ₹2,952.54 Cr and satisfied charges of ₹9,421.54 Cr on record.
The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments. The last known website on record is esselinfraprojects.com.
-
EmailLocked
-
TelephoneLocked
-
Website
-
Social Media
-
Registered Address513/A 5Th Floor Kohinoor City Kirol Road Kurla (West), Mumbai, Maharashtra, India – 400070
-
IndustryInfrastructure and Utilities, General Construction Services, Road & Bridge Construction
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Essel Highways Limited
Essel Highways Limited has undergone 2 name changes throughout its history. The company was previously known as Eil Highways Limited, and Essel Roadways Limited. The current legal name is Essel Highways Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Essel Highways Limited | Current |
| Eil Highways Limited | Previous |
| Essel Roadways Limited | Previous |
CIN History of Essel Highways Limited
Essel Highways Limited has one previous CIN (Corporate Identification Number): U45200DL2013PLC260173. The current CIN is U45200MH2013PLC274877, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200MH2013PLC274877 | Current |
| U45200DL2013PLC260173 | Previous |
Auditor Details of Essel Highways Limited
Essel Highways Limited is audited by B S Sharma & Co for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S Sharma & Co | Locked | Locked | Locked |
Complete auditor history for Essel Highways Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Essel Highways Limited
Essel Highways Limited currently reports 4 directors and 1 key managerial person. 48 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendra Mohan Sahare | Director | 01 Apr 2024 | 2 Years 3 Months | As last reported |
|
Balwan Singh
Also directs:
Vizianagram Msw Private Limited, Tadepalligudem Msw Private Limited, Essel Gas Company Limited and 4 more
|
Cfo | 15 Mar 2024 | 2 Years 4 Months | As last reported |
|
Ankur Kumar
Also directs:
Smart Power Grid Limited, Bhind Mihona Gopalpur Toll Roads Limited, Essel Gwalior Shivpuri Toll Roads Private Limited and 5 more
|
Whole-Time Director | 19 Feb 2024 | 2 Years 5 Months | As last reported |
|
Bhaskar Hanumant Thalesari
Also directs:
Essel Green Energy Private Limited, Pan India Network Infravest Limited, Pallavapuram Tambaram Msw Private Limited and 3 more
|
Director | 29 Feb 2024 | 2 Years 4 Months | As last reported |
|
Pooja Ramesh Singh
Also directs:
Essel Green Energy Private Limited, Essel Lucknow Raebareli Toll Roads Limited, Pan India Network Infravest Limited and 2 more
|
Director | 11 Feb 2020 | 6 Years 5 Months | As last reported |
Financials of Essel Highways Limited FY 2024 filings available
Essel Highways Limited reported revenue of ₹43,480 (down 50.00% YoY) for FY 2024.
Ten-year financial statements for Essel Highways Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Essel Highways Limited
Shareholding and ownership data for Essel Highways Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Group Structure of Essel Highways Limited
Essel Highways Limited has 6 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The corporate group structure reflects Essel Highways Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Essel Lucknow Raebareli Toll Roads Limited | U45200DL2011PLC229484 | Locked |
| Bhind Mihona Gopalpur Toll Roads Limited | U45200MH2009PLC193950 | Locked |
| Western M P Infrastructure & Toll Roads Private Limited | U45203MH2007PTC173577 | Locked |
| Sagar Damoh Toll Roads Limited | U45203MH2009PLC193947 | Locked |
| Bina Khimlasa Malthon Toll Roads Limited | U45203MH2009PLC193949 | Locked |
| Express Way Developers Limited | U45400DL2014PLC266683 | Locked |
Showing major subsidiaries. Total: 6.
Charges & Borrowings of Essel Highways Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Apr 2022 | Others | ₹1,000 Cr | Open |
| 06 Apr 2018 | Others | ₹1,000 Cr | Open |
| 23 Mar 2016 | Others | ₹54.24 Cr | Open |
| 26 Feb 2016 | Sbicap Trustee Company Limited | ₹88.16 Cr | Open |
| 26 Feb 2016 | Sbicap Trustee Company Limited | ₹75.51 Cr | Open |
Total charge records: 14 View all charges
Employees and EPFO Compliance at Essel Highways Limited
Essel Highways Limited has a workforce of 2 employees as of Apr 08, 2024.
Employee and EPFO history for Essel Highways Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Essel Highways Limited
GST registrations and filing compliance for Essel Highways Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Essel Highways Limited
Credit ratings, litigation, and regulatory alerts for Essel Highways Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Essel Highways Limited
MSME payment history for Essel Highways Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Essel Highways Limited
Corporate group structure for Essel Highways Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Essel Highways Limited
MCA filings and documents for Essel Highways Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Essel Highways Limited
Recent News on Essel Highways Limited
Frequently Asked Questions about Essel Highways Limited
Essel Highways Limited is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Essel Highways Limited is a company under insolvency, formerly operating as a public limited company in the infrastructure and utilities sector based in Mumbai, Maharashtra, India. It was incorporated on 12 November 2013 and is registered under CIN U45200MH2013PLC274877. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Essel Highways Limited reported revenue of ₹43,480 for FY 2024 (down 50.00% YoY).
The current directors and KMP of Essel Highways Limited are:
- Narendra Mohan Sahare - Director
- Balwan Singh - Cfo
- Ankur Kumar - Whole-Time Director
- Bhaskar Hanumant Thalesari - Director
- Pooja Ramesh Singh - Director
The CIN (Corporate Identification Number) of Essel Highways Limited is U45200MH2013PLC274877. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Essel Highways Limited has open charges of ₹2,952.54 Cr and satisfied charges of ₹9,421.54 Cr as per latest MCA filings.