Global Towers Limited

Global Towers Limited - metals and minerals in Navi Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U64201MH1992PLC185386 Incorporated 31 July 1992 ROC Mumbai HQ Navi Mumbai, Maharashtra, India
Dissolved Under Section 54 Public Limited Company metals and minerals
Data last updated
Revenue · FY 2022
₹3.12 Cr
▲ 1680.00% YoY
EBITDA · FY 2022
*****
▼ 204.00% YoY
Net profit · FY 2022
*****
▼ 85.00% YoY
Authorised capital
₹30 Cr
Registered with MCA
Paid-up capital
₹13.96 Cr
Issued & subscribed
Open charges
None
Satisfied ₹60 Cr
Company age
34 yrs
Est. 1992
Last financials
Mar 2022
Balance sheet date

About Global Towers Limited

Data last updated: 25 July 2025

Global Towers Limited was a public limited company based in Navi Mumbai, Maharashtra, India, operated as a subsidiary of Global Holding Corporation Private Limited. The company has been dissolved under section 54 as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It specialised in steel manufacturing and processing, a part of the broader metals and mining sector. Incorporated on 31 July 1992.

Registered with ROC Mumbai under CIN U64201MH1992PLC185386.

Capital: an authorised share capital of ₹30 Cr and a paid-up capital of ₹13.96 Cr. Formerly known as Global Wireless Technology Limited and Global Wireless Technology Private Limited. It was led by directors including Ashish Keshavrao Kandekar and Rakesh Dhonduram Panchal.

Last AGM: 30 September 2022. Financial statements filed for year ended 31 March 2022. Office: Third Floor Electronic Sadan No. – I Midc Ttc Industrial Area Mahape, Navi Mumbai, Maharashtra, India – 400710.

As per the financials filed for FY 2022, the company reported a revenue of ₹3.12 Cr, reflecting significant growth compared to the previous year.

It operated as a subsidiary of Global Holding Corporation Private Limited.

As per MCA filings, the company had satisfied charges of ₹60 Cr on record.

The company has been dissolved and no longer exists as a legal entity under the Companies Act. Any contracts or dealings with a dissolved entity may be legally unenforceable.

Company Details of Global Towers Limited
CIN U64201MH1992PLC185386
Registration Number 185386
Incorporation Date 31 July 1992
ROC Mumbai
Listing Status Unlisted
Company Status Dissolved Under Section 54
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Parent Company Global Holding Corporation Private Limited
Compliance Status Active Non-Compliant
Key People
Rakesh Dhonduram Panchal Whole-Time Director Ashish Keshavrao Kandekar Director Mandar Prakash Thakur Additional Director
Contact Details
  • Email
    *****@*****.com
  • Telephone
    **************
  • Website
    **************
  • Social Media
  • Registered Address
    Third Floor Electronic Sadan No. – I Midc Ttc Industrial Area Mahape, Navi Mumbai, Maharashtra, India – 400710
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing
Company report
Global Towers Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Global Towers Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Global Towers Limited

Global Towers Limited has undergone 3 name changes throughout its history. The company was previously known as Global Wireless Technology Limited, Global Wireless Technology Private Limited, and India Wireless Technology Limited. The current legal name is Global Towers Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Global Towers Limited Current
Global Wireless Technology Limited Previous
Global Wireless Technology Private Limited Previous
India Wireless Technology Limited Previous

CIN History of Global Towers Limited

Global Towers Limited has one previous CIN (Corporate Identification Number): U64201MH1992PTC185386. The current CIN is U64201MH1992PLC185386, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U64201MH1992PLC185386 Current
U64201MH1992PTC185386 Previous

Auditor Details of Global Towers Limited

Global Towers Limited is audited by Godbole Bhave & Co. for the financial year 2016. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
Godbole Bhave & Co. blur-value blur-value blur-value

Board of Directors of Global Towers Limited

Global Towers Limited is currently managed by 3 directors, with 15 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Directors (as last reported)
Name Designation Appointment Date Tenure Status
Ashish Keshavrao Kandekar
Also directs: Global Holding Corporation Private Limited
Director 30 Sep 2015 10 Years 9 Months As last reported
Rakesh Dhonduram Panchal Whole-Time Director 25 Aug 2015 10 Years 10 Months As last reported
Mandar Prakash Thakur Additional Director 27 Dec 2019 6 Years 6 Months As last reported
View all directors

Financials of Global Towers Limited FY 2022 filings available

Global Towers Limited reported revenue of ₹3.12 Cr (up 1680% YoY) for FY 2022. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹3.12 Cr ▲ 1680%
Profit
***** ▼ -85%
EBITDA
***** ▼ -204%
Metrics
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Revenue
Revenue from Operations
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Revenue Growth %
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
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Profitability
EBITDA (Operating Profit)
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
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Leverage
Equity Multiplier
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Debt / EBITDA
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Solvency
D/E Ratio
*****
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ICR
*****
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Shareholding Pattern of Global Towers Limited

As of FY 2017, Global Towers Limited's shareholding pattern shows 84.34% by promoters, 15.66% by public shareholders. The promoters hold a majority stake, indicating strong promoter control.

2025
YEAR
38.19% Promoters
25.22% DII (Domestic Institutional)
10.28% FII (Foreign Institutional)
25.89% Public
2.42% Others
Shareholding Trend
Year 2025
Promoters 33.19%
DII 23.22%
FII 18.28%
Public 22.89%
Others 2.42%

Charges & Borrowings of Global Towers Limited

Open charges
₹0
Satisfied charges
₹60 Cr
Breakdown by lending institutions
Union Bank of India₹23.20 Cr
Dcb Bank Limited₹16.00 Cr
Icici Banking Corporation Limited₹12.30 Cr
Central Bank of India₹6.00 Cr
The Cosmos Co-Operative Bank Limited₹1.30 Cr
Others₹1.20 Cr
Latest charge details
DateLenderAmountStatus
24 Nov 2011 Dcb Bank Limited ₹16 Cr Satisfied
16 Jan 1999 Union Bank of India ₹20.4 Cr Satisfied
16 Jan 1998 The Cosmos Co-Op. Bank Ltd. ₹1.2 Cr Satisfied
15 Dec 1997 Central Bank of India ₹2 Cr Satisfied
21 Nov 1997 Central Bank of India ₹4 Cr Satisfied

Total charge records: 8 View all charges

Employees and EPFO Compliance at Global Towers Limited

Global Towers Limited has a workforce of 0 employees as of Apr 04, 2024.

Active EPFO establishments
1
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Global Towers Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Global Towers Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Global Towers Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Global Towers Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Global Towers Limited

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Global Towers Limited

MSME Payment Delays by Global Towers Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Global Towers Limited

Subsidiaries & Group Companies of Global Towers Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Global Towers Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Global Towers Limited

MCA Filings & Documents of Global Towers Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Global Towers Limited

Activity
30 Sep 2022
Global Towers Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Activity
31 Mar 2022
Global Towers Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.
Directors
27 Dec 2019
Mandar Prakash Thakur was appointed as a Additional Director on 27 Dec 2019 & has been associated with this company since 6 years 6 months.
Directors
30 Sep 2015
Ashish Keshavrao Kandekar was appointed as a Director on 30 Sep 2015 & has been associated with this company since 10 years 9 months.
Charges
02 Sep 2015
A charge registered on 24 Nov 2011 via Charge ID 10323520 with Dcb Bank Limited was fully satisfied on 02 Sep 2015.
Directors
25 Aug 2015
Rakesh Dhonduram Panchal was appointed as a Whole-time director on 25 Aug 2015 & has been associated with this company since 10 years 10 months.

Frequently Asked Questions about Global Towers Limited

Global Towers Limited has been "Dissolved Under Section 54" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.

Global Towers Limited is a dissolved under section 54 public limited company in the metals and minerals sector based in Navi Mumbai, Maharashtra, India. It was incorporated on 31 July 1992 and is registered under CIN U64201MH1992PLC185386. The company was dissolved under section 54 as per MCA records and no longer exists as a legal entity.

Global Towers Limited was incorporated on 31 July 1992. Registered with ROC Mumbai.

The current directors of Global Towers Limited are:

The CIN (Corporate Identification Number) of Global Towers Limited is U64201MH1992PLC185386. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The primary industry of Global Towers Limited is metals and minerals. The company specifically operates in steel manufacturing and processing.

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