About
Basic Data Updated:
5 days agoL&T Deccan Tollways Limited, a company fully owned by L&T Infrastructure Development Projects Limited, was incorporated as a Special Purpose Vehicle. In February 2012, the company entered into a 25-year Concession Agreement with the National Highways Authority of India (NHAI). This agreement was for the purpose of strengthening and widening a two-lane stretch of road to a four-lane, as well as operating and maintaining a 145-kilometer road project from the Maharashtra/Karnataka border to Sangareddy in Andhra Pradesh. The project was undertaken on a DBFOT (Design Build Finance Operate and Transfer) basis, as part of the NHDP (National Highways Development Program) Phase IV. This particular stretch of road, which falls under NH 9, connects major cities such as Pune, Mumbai, Solapur, and Aur... Read More
Industry
Company Details
- Location
Kanchipuram, Tamil Nadu, India
- Website1222442
- Telephone1222442
- Email Address1222442
| CIN/LLPIN/FCRN | U45203TN2011PLC083661 |
| Company No. | 083661 |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 20 Dec 2011 |
| Date of AGM | 08 Aug 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Chennai |
Financials of L&T Deccan Tollways Limited
L&T Deccan Tollways Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 50.99% decrease. The company also saw a substantial fall in profitability, with a 301.14% decrease in profit. The company's net worth observed a substantial decline by a decrease of 53.47%.
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Corporate Structure
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People in L&T Deccan Tollways Limited
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Executive Team (2)
PP
Parthasarathy Padmanabhan
CFOAppointment Date: 11-Jul-2022
Status: Current
TK
Thiruvidaimarudu Karthikeyan Company SecretaryAppointment Date: 11-Jan-2017
Status: Current
Board Members(5)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Idbi Trusteeship Services Limited Creation Date: 27 Feb 2015 | ₹1,235.34 Cr | Open |
Punjab National Bank Creation Date: 29 Aug 2013 | ₹890.75 Cr | Satisfied |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
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Recent activity within the organization
Annual General Meeting
L&T Deccan Tollways Limited last Annual general meeting of members was held on 08 Aug 2023 as per latest MCA records.
08 Aug 2023Balance Sheet
L&T Deccan Tollways Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
31 Mar 2023Director Appointment
Samyuktha Surendran was appointed as a Director was appointed as a Director on 22 Apr 2019 & has been associated with this company since 5 years 16 days .
22 Apr 2019Director Appointment
Pramod Sushila Kapoor was appointed as a Director was appointed as a Director on 22 Apr 2019 & has been associated with this company since 5 years 16 days .
22 Apr 2019Director Appointment
Ramchandran Iyer Ramagopal was appointed as a Director was appointed as a Director on 12 Jul 2016 & has been associated with this company since 7 years 9 months .
12 Jul 2016
Recent News, Updates & Announcement
Ashoka Buildcon receives unfavourable arbitration award for PNG Road project.Business Standard 18 Mar 2019
- Lenders to take call on selective LT IDPL bid on November 27.
Financial Express 23 Nov 2018
- NPA tag for LT Infras subsidiary.
The classification of a special purpose vehicle ChennaiTada Tollways as an NPA may impact LT IDPLs initial interest in Jaypee Infratechs Taj Expressway that connects Greater Noida with Agra bank executives said.
Economic Times 17 Nov 2018
- LT infrastructure arm looking to acquire power transmission assets.
Business Line 11 Jun 2018
- LT IDPLs infrastructure trust set to list via 487 mn private placement.
VCCircle 30 Apr 2018
Frequently asked questions
What is the Incorporation or founding date of L&T Deccan Tollways Limited?
