About
Basic Data Updated:
22 days agoThe service of constructions and infrastructure is primarily provided by Karnataka Road Development Corporation Limited. The company's portfolio includes roads, bridges, and maintenance of road works. Projects on BOT, BOOT, and BOLT basis have been undertaken by the company. The business of constructing, erecting, building, remodeling, repairing, executing, developing, improving, administering, managing, controlling, maintaining, demolishing, grading, curving, paving, macadamizing, and cementing highways, express routes, roads, paths, streets, bridges, sideways, tunnels, underground railroads, alleys, courts, pavements, dams, and township schemes is carried out by the company. The incorporation of the company was done with the aim of providing these services.
Industry
Company Details
- Location
Bangalore, Karnataka, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | U45209KA1999SGC025497 |
| Company No. | 025497 |
| Company Classification | Public Limited State Government Company |
| Incorporation Date | 21 Jul 1999 |
| Date of AGM | 22 Dec 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Bangalore |
Financials of Karnataka Road Development Corporation Limited
Karnataka Road Development Corporation Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 16.43% increase. The company also saw a substantial fall in profitability, with a 387.39% decrease in profit. The company's net worth dipped by a decrease of 5.24%.
Corporate Structure
Unlock access to Karnataka Road Development Corporation's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Karnataka Road Development Corporation Limited
Unlock and access historical data on people associated with Karnataka Road Development Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
JC
Javare Chaitra CFOAppointment Date: 04-Mar-2024
Status: Current
LG
Lingamurthy Gonal
Managing DirectorAppointment Date: 19-Jun-2023
Status: Current
JS
Jantakahalli Shivaprakash Company SecretaryAppointment Date: 01-Jun-2020
Status: Current
Board Members(7)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 16 Mar 2024 | ₹347.00 Cr | Open |
Canara Bank Creation Date: 24 Mar 2022 | ₹350.00 Cr | Open |
Canara Bank Creation Date: 20 Dec 2021 | ₹350.00 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Karnataka Road Development Corporation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Karnataka Road Development Corporation's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alert
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Related Corporates (Common Directorship)
Mangalore Electricity Supply Company Limited
Active
22 years 19 days Reju Thankachan is a mutual person
Karnataka State Tourism Development Corporation Limited
Active 53 years 3 months Reju Thankachan is a mutual person
_LIMITED.webp)
Infrastructure Development Corporation (Karnataka) Limited
Active 23 years 10 months Manjula Narayanappanaik is a mutual person
Hassan Mangalore Rail Development Company Limited
Active 20 years 10 months Manjula Narayanappanaik is a mutual person
_LIMITED.webp)
Recent activity within the organization
Director Appointment
Shankaragouda Fakkeeragouda Patil was appointed as a Nominee Director was appointed as a Nominee Director on 21 Mar 2024 & has been associated with this company since 1 month 26 days .
21 Mar 2024Charges
A charge with Others amounted to Rs. 347.00 cr with Charge ID 100881550 was registered on 16 Mar 2024.
16 Mar 2024Director Appointment
Javare Gowda Chaitra was appointed as a Cfo was appointed as a Cfo on 04 Mar 2024 & has been associated with this company since 2 months 15 days .
04 Mar 2024Director Appointment
Ravishankar Doddaswamy was appointed as a Nominee Director was appointed as a Nominee Director on 30 Jan 2024 & has been associated with this company since 3 months 18 days .
30 Jan 2024Annual General Meeting
Karnataka Road Development Corporation Limited last Annual general meeting of members was held on 22 Dec 2023 as per latest MCA records.
22 Dec 2023
Recent News, Updates & Announcement
RVNL Joint Venture Secures Order Valued at Rs 12336 Crores.Newsonprojects 03 Jan 2024
Frequently asked questions
What is the Incorporation or founding date of Karnataka Road Development Corporation Limited?
