About
Basic Data Updated:
6 days agoIndian Cane Power Limited is involved in the manufacturing and marketing of sugar, power, and spirits such as rectified spirit, neutral spirit, and ethanol, according to its credit ratings. The company's sugar and co-gen unit are situated in Uttur Village, Mudhol taluk in Bagalkot District, Karnataka, while its distillery unit is located in Duggavathi Village, Harapanahalli Taluk in Davangere District, Karnataka. The total installed capacity of the company is 18000 TCD Cane crushing, 83 MW Cogen Power, and 60 KLPD of Distillery. In FY20, the capacity utilization of crushing was 62%, and the Sugar recovery was 10.70%, compared to the capacity utilization of 62% and Sugar recovery of 11.30% in FY19. In 2019-20, the company crushed 10.70 lakh MT of sugar cane, generated 31.24 lakh units of p... Read More
Industry
Company Details
- Location
Davangere, Karnataka, India
- Website1222442
- Telephone1222442
- Email Address1222442
| CIN/LLPIN/FCRN | U01542KA2002PLC030187 |
| Company No. | 030187 |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 01 Mar 2002 |
| Date of AGM | 14 Nov 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Bangalore |
Financials of Indian Cane Power Limited
Indian Cane Power Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 27.75% increase. The company also saw a substantial improvement in profitability, with a 139.51% increase in profit. The company's net worth Soared by an impressive increase of 44.07%.
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Corporate Structure
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People in Indian Cane Power Limited
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Executive Team (3)
AN
Arethol Niranjan
Managing DirectorAppointment Date: 01-Apr-2013
Status: Current
RV
Revanna Vinaykumara CFOAppointment Date: 06-Jun-2023
Status: Current
YH
Yogesh Hegde Company SecretaryAppointment Date: 06-Jun-2023
Status: Current
Board Members(6)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 25 Sep 2023 | ₹40.00 Cr | Open |
Sbicap Trustee Company Limited Creation Date: 29 Sep 2022 | ₹225.00 Cr | Open |
Canara Bank Creation Date: 17 May 2022 | ₹72.00 Cr | Open |
Deals i
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Rating
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Alert
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Recent activity within the organization
Annual General Meeting
Indian Cane Power Limited last Annual general meeting of members was held on 14 Nov 2023 as per latest MCA records.
14 Nov 2023Charges
A charge registered on 23 Aug 2022 via Charge ID 100611603 with Bank Of India was fully satisfied on 06 Nov 2023.
06 Nov 2023Charges
A charge with Canara Bank of Rs. 72.00 cr registered on 17 May 2022 with Charge ID 100580897 was modified on 31 Oct 2023.
31 Oct 2023Charges
A charge with Others amounted to Rs. 40.00 cr with Charge ID 100787564 was registered on 25 Sep 2023.
25 Sep 2023Charges
A charge registered on 08 Nov 2021 via Charge ID 100506059 with Others was fully satisfied on 22 May 2023.
22 May 2023
Frequently asked questions
What is the Incorporation or founding date of Indian Cane Power Limited?
