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Karma Energy Limited

Renewable energy company with wind power plants in Maharashtra, Tamil Nadu, and Andhra Pradesh.

2007 Mumbai, Maharashtra (India) Active

About

Basic Data Updated:

17 days ago

Karma Energy Limited, previously known as Karma Wind Power Limited, is a company that specializes in generating power from renewable sources. According to the credit rating report, the company was formed as a result of a scheme of arrangement of Weizmann group that was approved by the High Court of Bombay on 29.10.2010. This scheme involved the amalgamation of an earlier subsidiary company, also named Karma Energy Limited, with Weizmann Limited. Subsequently, the power business undertaking was de-merged into the resultant company, which was later renamed as Karma Energy Limited or KEL. KEL's wind power plants, with an installed capacity of 34.95 MW, are located in Maharashtra, Tamil Nadu, and Andhra Pradesh.

Industry

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Website
    1222442
  • Telephone
    1222442
  • Email Address
    1222442
CIN/LLPIN/FCRNL31101MH2007PLC168823
Company No.168823
Stock Symbol BSE : 533451 NSE : KARMAENG
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date15 Mar 2007
Date of AGM27 Jul 2023
Date of Balance Sheet31 Mar 2023
Listing StatusListed
ROC CodeRoc Mumbai

Financials of Karma Energy Limited

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Karma Energy Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 36.59% decrease. The company also saw a substantial improvement in profitability, with a 377.03% increase in profit. The company's net worth Soared by an impressive increase of 27.34%.

Enhance accessibility to Karma Energy's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.

Corporate Structure

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People in Karma Energy Limited

Executive Team (2)

  • CM

    Chetan Mehra In Managing Director

    Appointment Date: 15-Mar-2007

    Status: Current

  • TS

    Thamarathiruthy Subramanian In CFO

    Appointment Date: 01-Dec-2010

    Status: Current

Board Members(5)

Charges (Loans)

Satisfied Charges

₹130.66 cr

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 02 May 2019
₹5.26 CrSatisfied

Hdfc Bank Limited

Creation Date: 28 Mar 2018
₹41.00 CrSatisfied

The Saraswat Co-Operative Bank Limited

Creation Date: 14 Oct 2014
₹1.47 MSatisfied

Deals i

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Rating

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Alert

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Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    Annual General Meeting

    Karma Energy Limited last Annual general meeting of members was held on 27 Jul 2023 as per latest MCA records.

    27 Jul 2023
  • Activity

    Balance Sheet

    Karma Energy Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023
  • Activity

    Charges

    A charge registered on 28 Mar 2018 via Charge ID 100167823 with Hdfc Bank Limited was fully satisfied on 13 Jan 2023.

    13 Jan 2023
  • Activity

    Charges

    A charge registered on 02 May 2019 via Charge ID 100260918 with Hdfc Bank Limited was fully satisfied on 05 Apr 2022.

    05 Apr 2022
  • Activity

    Charges

    A charge registered on 14 Oct 2014 via Charge ID 10529720 with The Saraswat Co-Operative Bank Limited was fully satisfied on 03 Sep 2019.

    03 Sep 2019

Recent News, Updates & Announcement

Frequently asked questions

What is the Incorporation or founding date of Karma Energy Limited?

Karma Energy Limited was incorporated 17 years 1 month ago on 15 Mar 2007 with Registrar of Companies Roc Mumbai.

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