Karnataka Mining Environment Restoration Corporation

Karnataka Mining Environment Restoration Corporation

Restores environment in mining-impacted zones through comprehensive plans and SPV implementation.

2014 Bangalore, Karnataka (India) Active

About

Basic Data Updated:

1 month ago

In the state of Karnataka, there was once a thriving mining industry that brought prosperity to the districts of Bellary, Chitradurga, and Tumkur. However, with this prosperity came a cost - the environment suffered greatly from the mining activity. As the years went by, the once lush and vibrant landscape became degraded and polluted. In 2014, the Karnataka Mining Environment Restoration Corporation was established. Its purpose was to act as a Special Purpose Vehicle (SPV) and take on the responsibility of preparing and implementing a comprehensive environmental plan for the mining-impacted zone. This plan aimed to restore the environment to its former glory and reverse the damage caused by the mining activity. The corporation, as per its annual filing, has been diligently working towards its goal. It has been collaborating with various stakeholders, including government agencies, local communities, and mining companies, to ensure the successful execution of its environmental plan. Through its efforts, the corporation has been able to make significant progress in restoring the environment and improving the quality of life for those living in the affected districts. Located in the bustling city of Bangalore, the corporation's registered office serves as a hub for its operations.

Industry

Company Details

  • Location

    Bangalore, Karnataka, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRN U85100KA2014NPL075114
Company No. 075114
Company Classification Private Not For Profit Company
Incorporation Date 30 Jun 2014
Date of AGM 18 Dec 2023
Date of Balance Sheet 31 Mar 2023
Listing Status Unlisted
ROC Code Roc Bangalore

Financials of Karnataka Mining Environment Restoration Corporation

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Karnataka Mining Environment Restoration Corporation, for the financial year ended 2021, experienced significant growth in revenue, with a 40325% increase. The company also saw a substantial fall in profitability, with a 67.91% decrease in profit. The company's net worth observed a substantial decline by a decrease of 180.91%.

Corporate Structure

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People in Karnataka Mining Environment Restoration Corporation

Executive Team (1)

  • GP

    Guru Puttappa In Managing Director

    Appointment Date: 31-Jul-2023

    Status: Current

Board Members(12)

Charges (Loans)

Charges

There are no open charges registered against the company as per our records.

Deals i

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Rating

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Alert

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Recent activity within the organization

  • Activity

    Director Appointment

    Manjula Narayanappanaik was appointed as a Nominee Director was appointed as a Nominee Director on 12 Feb 2024 & has been associated with this company since 3 months 8 days .

    12 Feb 2024
  • Activity

    Director Appointment

    Brijesh Kumar Dikshit was appointed as a Nominee Director was appointed as a Nominee Director on 25 Jan 2024 & has been associated with this company since 3 months 26 days .

    25 Jan 2024
  • Activity

    Annual General Meeting

    Karnataka Mining Environment Restoration Corporation last Annual general meeting of members was held on 18 Dec 2023 as per latest MCA records.

    18 Dec 2023
  • Activity

    Balance Sheet

    Karnataka Mining Environment Restoration Corporation has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023
  • Activity

    Director Appointment

    Selvakumar Seerangarayan was appointed as a Nominee Director was appointed as a Nominee Director on 08 Sep 2022 & has been associated with this company since 1 year 8 months .

    08 Sep 2022

Frequently asked questions

What is the Incorporation or founding date of Karnataka Mining Environment Restoration Corporation?

Karnataka Mining Environment Restoration Corporation was incorporated 9 years 10 months ago on 30 Jun 2014 with Registrar of Companies Roc Bangalore.

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