Kodangal Solar Parks Limited - Company Profile

Q: Who are the current directors of Kodangal Solar Parks Limited?

The current directors of Kodangal Solar Parks Limited are Mitesh A Chauhan, Ravi Kapoor, Devesh Rasania, Nayanaben Bhairavdanji Gadhvi, Raj Kumar Jain, Sandeep Banshilal Mundra.

It is a energy and power public limited company based in Ahmedabad, Gujarat, India, established in 2015.

2015 Ahmedabad, Gujarat, India Active

Last Updated: January 11, 2026

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About Kodangal Solar Parks Limited

Kodangal Solar Parks Limited, a active public limited company, was established on 12 August 2015 in Ahmedabad, Gujarat, India. Engaging in power transmission & distribution services within the electricity, gas, steam and air condition supply sector, it holds CIN: U40300GJ2015PLC130211. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹30.00 Cr and a paid-up capital of ₹26.88 Cr.

Formerly known as Kodangal Solar Parks Private Limited. It upholds a compliant status. Its leadership includes Mitesh A Chauhan (Additional Director), Ravi Kapoor (Director), Devesh Rasania (Director). Past directors included Amit Narendra Mehta, Ajay Ratilal Purohit, Sreedhara Babu Korukonda. It holds ₹2,584.35 Cr open charges and ₹77.50 Cr settled loans. Its latest AGM occurred on 21 June 2025, with the balance sheet filed on 31 March 2025. It is based at Adani Corporate House, Shantigram Near Vaishno Devi Circle, S. G. Highway,, Khodiyar, Ahmedabad, Gujarat, 382421.

Company Details

CIN/LLPIN
U40300GJ2015PLC130211
Registration Number
130211
Incorporation Date
12 August 2015
Authorized Capital
₹30.00 Cr
Paid-Up Capital
₹26.88 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 30.00 Cr as on 11-01-2026
Paid Up Capital ₹ 26.88 Cr as on 11-01-2026
Company Age 10 Year, 6 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 2,584.35 Cr as on 11-01-2026
Satisfied Charges ₹ 77.50 Cr as on 11-01-2026

Comprehensive Company Insights

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Who are the key members and board of directors at Kodangal Solar Parks Limited?

Current Directors

Name	Designation	Appointment Date	Status
Mitesh A Chauhan	Additional Director	23 Jul 2025	Current
Ravi Kapoor	Director	31 Mar 2021	Current
Devesh Rasania	Director	25 Oct 2021	Current
Nayanaben Bhairavdanji Gadhvi	Director	21 Oct 2019	Current
Raj Kumar Jain	Director	22 Mar 2018	Current
Sandeep Banshilal Mundra	Cfo	29 Jun 2023	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	17 May 2017	Past
Pramod Abcsdd	Additional Director	30 Mar 2019	Past
Pramod Abcsdd	Director	27 Nov 2015	Past
Pramod Abcsdd	Director	07 Dec 2020	Past
Pramod Abcsdd	Additional Director	30 Sep 2017	Past
Pramod Abcsdd	Additional Director	20 Jun 2025	Past

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Financial Performance of Kodangal Solar Parks.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

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Total Revenue

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EBITDA

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What is the Ownership and Shareholding Structure of Kodangal Solar Parks?

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Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹25,843,531,250.00

Satisfied Charges

₹775,000,000.00

Charges Breakdown by Lending Institutions

Idbi Trusteeship Services Limited : 2584.35 Cr

Latest Charge Details

Date	Lender	Amount	Status
09 Jan 2020	Idbi Trusteeship Services Limited	₹2,584.35 Cr	Open
20 Feb 2019	Others	₹77.50 Cr	Satisfied

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How Many Employees Work at Kodangal Solar Parks?

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Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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Rating

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Alerts

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Latest Updates, News, and FAQs on Kodangal Solar Parks

Recent Activity within the Organization

Director Appointment

Progress on Mitesh A Chauhan was appointed as a Additional Director was appointed as a Additional Director on 23 Jul 2025 & has been associated with this company since 7 months 11 days . was documented.
23 Jul 2025
Annual General Meeting

Progress on Kodangal Solar Parks Limited last Annual general meeting of members was held on 21 Jun 2025 as per latest MCA records. was documented.
21 Jun 2025
Balance Sheet

Progress on Kodangal Solar Parks Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.
31 Mar 2025
Charges

A charge with Idbi Trusteeship Services Limited of Rs. 2,584.35 Cr registered on 09 Jan 2020 with Charge ID 100315360 was modified on 27 Feb 2024. was recorded as a recent event.
27 Feb 2024
Director Appointment

The activity Sandeep Banshilal Mundra was appointed as a CFO was appointed as a CFO on 29 Jun 2023 & has been associated with this company since 2 years 8 months . was completed.
29 Jun 2023
Director Appointment

Devesh Rasania was appointed as a Director was appointed as a Director on 25 Oct 2021 & has been associated with this company since 4 years 4 months . was recorded as a recent event.
25 Oct 2021

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