About
Basic Data Updated:
17 days agoKarma 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
- Website1222442
- Telephone1222442
- Email Address1222442
Financials of Karma Energy Limited
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%.
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Corporate Structure
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People in Karma Energy Limited
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Executive Team (2)
CM
Chetan Mehra Managing DirectorAppointment Date: 15-Mar-2007
Status: Current
TS
Thamarathiruthy Subramanian CFOAppointment Date: 01-Dec-2010
Status: Current
Board Members(5)
Charges (Loans)
Lender | Amount | Status |
---|---|---|
Hdfc Bank Limited Creation Date: 02 May 2019 | ₹5.26 Cr | Satisfied |
Hdfc Bank Limited Creation Date: 28 Mar 2018 | ₹41.00 Cr | Satisfied |
The Saraswat Co-Operative Bank Limited Creation Date: 14 Oct 2014 | ₹1.47 M | Satisfied |
Deals i
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Rating
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Alert
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Recent activity within the organization
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 2023Balance Sheet
Karma Energy Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
31 Mar 2023Charges
A charge registered on 28 Mar 2018 via Charge ID 100167823 with Hdfc Bank Limited was fully satisfied on 13 Jan 2023.
13 Jan 2023Charges
A charge registered on 02 May 2019 via Charge ID 100260918 with Hdfc Bank Limited was fully satisfied on 05 Apr 2022.
05 Apr 2022Charges
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
- Karma Energy to acquire six Wind mills from Weizmann Forex.
Udaipurkiran 08 Oct 2018
- Karma Energy Ltd Quaterly Results.
Finalaya 17 Nov 2017
Frequently asked questions
What is the Incorporation or founding date of Karma Energy Limited?