Maharashtra Eastern Grid Power Transmission Company Limited - Company Profile

It is a energy and power public limited company based in Ahmedabad, Gujarat, India, established in 2010.
2010 Ahmedabad, Gujarat, India Active
Last Updated:
Access Report
About Maharashtra Eastern Grid Power Transmission Company Limited

Maharashtra Eastern Grid Power Transmission Company Limited, a active public limited company, was established on 15 February 2010 in Ahmedabad, Gujarat, India. Engaging in power transmission & distribution services within the electricity, gas, steam and air condition supply sector, it holds CIN: U40100GJ2010PLC059593. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹3,000.00 Cr and a paid-up capital of ₹707.50 Cr.

It upholds a compliant status. Employing 290 professional, Its leadership includes Kamal Ramesh Harlakha (Cfo), Kunjal Mahendra Mehta (Whole-Time Director), Chaitanya Prasad Sahoo (Director). Past directors included Divyang Pareshrai Majmudar, Kalaikuruchi Jairaj, Narayan Hariharan. It holds ₹20,406.03 Cr open charges and ₹14,133.00 Cr settled loans. Its latest AGM occurred on 24 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
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U40100GJ2010PLC059593

  • Registration Number

    059593

  • Incorporation Date

    15 February 2010

  • Authorized Capital

    ₹3,000.00 Cr

  • Paid-Up Capital

    ₹707.50 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3,000.00 Cr
  • Paid Up Capital ₹ 707.50 Cr
  • Company Age 15 Year, 11 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 20,406.03 Cr
  • Satisfied Charges ₹ 14,133.00 Cr
  • Revenue Growth **** -29.55%
  • Profit Growth **** -55.18%
  • Ebitda **** -36.63%
  • Net Worth 8.17%
  • Total Assets **** 6.77%
Company report

Maharashtra Eastern Grid Power Transmission Company Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Maharashtra Eastern Grid Power Transmission Company Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report Banner Element
Who are the key members and board of directors at Maharashtra Eastern Grid Power Transmission Company Limited?
Current Directors
Name Designation Appointment Date Status
Kamal Ramesh Harlakha Cfo 22 Jan 2025 Current
Kunjal Mahendra Mehta Whole-Time Director 24 Jun 2025 Current
Chaitanya Prasad Sahoo Director 16 Mar 2023 Current
Lisa Caroline Maccallum Additional Director 30 Jun 2025 Current
Ajit Kantilal Barodia Director 22 Apr 2013 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 05 Aug 2016 Past
Pramod Abcsdd Additional Director 05 Aug 2016 Past
Pramod Abcsdd Director Appointed In Casual Vacancy 27 May 2013 Past
Pramod Abcsdd Additional Director 22 Jan 2025 Past
Pramod Abcsdd Cfo 07 Oct 2021 Past
Pramod Abcsdd Additional Director 17 Jul 2023 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Maharashtra Eastern Grid Power Transmission Company.

Maharashtra Eastern Grid Power Transmission Company Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 29.55% decrease. The company also saw a substantial fall in profitability, with a 55.18% decrease in profit. The company's net worth moved up by a moderate rise of 8.17%.

Maharashtra Eastern Grid Power Transmission Company revenue growth over time
Maharashtra Eastern Grid Power Transmission Company profit and loss trends over time
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
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -29.55%
*******
*******
*******
*******
Revenue from Operations
*******
 -32.20%
*******
*******
*******
*******
Total Assets
*******
 6.77%
*******
*******
*******
*******
Profit or Loss
*******
 -55.18%
*******
*******
*******
*******
Net Worth
*******
 8.17%
*******
*******
*******
*******
EBITDA
*******
 -36.63%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Maharashtra Eastern Grid Power Transmission Company?

In 2023, Maharashtra Eastern Grid Power Transmission Company had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹204,060,300,000.00

Satisfied Charges

₹141,330,000,000.00

Charges Breakdown by Lending Institutions
  • Idbi Trusteeship Services Limited : 12438.03 Cr
  • Others : 7968.00 Cr
Latest Charge Details
Date Lender Amount Status
19 Oct 2022 Idbi Trusteeship Services Limited ₹400.00 Cr Open
19 Oct 2022 Idbi Trusteeship Services Limited ₹100.00 Cr Open
19 Oct 2022 Idbi Trusteeship Services Limited ₹17.00 Cr Open
19 Oct 2022 Idbi Trusteeship Services Limited ₹200.00 Cr Open
19 Oct 2022 Idbi Trusteeship Services Limited ₹363.00 Cr Open

Explore comprehensive loan charge details -

How Many Employees Work at Maharashtra Eastern Grid Power Transmission Company?

Maharashtra Eastern Grid Power Transmission Company has a workforce of 290 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Maharashtra Eastern Grid Power Transmission Company, 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 Maharashtra Eastern Grid Power Transmission Company's trajectory.

Rating
Graph displaying rating trends over time

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.

Alerts
Alert Indicator

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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Maharashtra Eastern Grid Power Transmission Company
Recent Activity within the Organization
  • Director Appointment

    The activity Lisa Caroline Maccallum was appointed as a Additional Director was appointed as a Additional Director on 30 Jun 2025 & has been associated with this company since 7 months 3 days . was completed.

  • Annual General Meeting

    Maharashtra Eastern Grid Power Transmission Company Limited last Annual general meeting of members was held on 24 Jun 2025 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Kunjal Mahendra Mehta was appointed as a Whole-time director was appointed as a Whole-time director on 24 Jun 2025 & has been associated with this company since 7 months 9 days . was recorded as a recent event.

  • Balance Sheet

    The activity Maharashtra Eastern Grid Power Transmission Company Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was completed.

  • Director Appointment

    The activity Kamal Ramesh Harlakha was appointed as a Cfo was appointed as a Cfo on 04 Feb 2025 & has been associated with this company since 11 months 27 days . was completed.

  • Director Appointment

    Progress on Kamal Ramesh Harlakha was appointed as a CFO was appointed as a CFO on 22 Jan 2025 & has been associated with this company since 1 year 9 days . was documented.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Maharashtra Eastern Grid Power Transmission Company Limited?

The CIN of Maharashtra Eastern Grid Power Transmission Company Limited is U40100GJ2010PLC059593.

Where is Maharashtra Eastern Grid Power Transmission Company Limited headquartered?

Maharashtra Eastern Grid Power Transmission Company Limited is headquartered at Adani Corporate House, Shantigram Near Vaishno Devi Circle, S. G. Highway,, Khodiyar, Ahmedabad, Gujarat, 382421.

When was Maharashtra Eastern Grid Power Transmission Company Limited incorporated?

Maharashtra Eastern Grid Power Transmission Company Limited was incorporated on 15 February 2010.

Who are the current directors of Maharashtra Eastern Grid Power Transmission Company Limited?

The current directors of Maharashtra Eastern Grid Power Transmission Company Limited are

What is the primary industry of Maharashtra Eastern Grid Power Transmission Company Limited?

The primary industry of Maharashtra Eastern Grid Power Transmission Company Limited is Electricity, Gas, Steam And Air Condition Supply.

Is Maharashtra Eastern Grid Power Transmission Company Limited a listed company?

Maharashtra Eastern Grid Power Transmission Company Limited is unlisted.

What is the capital structure of Maharashtra Eastern Grid Power Transmission Company Limited?

The authorized capital of Maharashtra Eastern Grid Power Transmission Company Limited is ₹3,000.00 Cr, and the paid-up capital is ₹707.50 Cr.

What is the compliance status of Maharashtra Eastern Grid Power Transmission Company Limited?

The compliance status of Maharashtra Eastern Grid Power Transmission Company Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available