
M.G.Brothers Chit Fund Private Limited
About M.G.Brothers Chit Fund Private Limited
Data last updated:
M.G.Brothers Chit Fund Private Limited was a private limited company based in Yemmiganur, Andhra Pradesh, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the microfinance institutions segment of the financial services sector. It was incorporated on 04 October 1996.
The company was registered with the Registrar of Companies (ROC), Vijayawada, under CIN U65992AP1996PTC025392.
The company had an authorised share capital of ₹3 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Siddaramappa Chedde and Raghunath Machani.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 1 – 1411M G Colony Yemmiganur, Andhra Pradesh, India – 518360.
Company details
Contact details
M.G.Brothers Chit Fund Private Limited's registered office is in Yemmiganur, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1 – 1411M G Colony Yemmiganur, Andhra Pradesh, India – 518360
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of M.G.Brothers Chit Fund Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of M.G.Brothers Chit Fund Private Limited
FY 2019 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of M.G.Brothers Chit Fund Private Limited, buy the company report.
Board of directors of M.G.Brothers Chit Fund Private Limited
M.G.Brothers Chit Fund has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddaramappa Chedde | Director | 31 Dec 2007 | 18 Years 10 Months | As last reported |
| Raghunath Machani | Director | 30 Nov 2001 | 24 Years 11 Months | As last reported |
Auditor
M.G.Brothers Chit Fund Private Limited is audited by REDDY & MURTHY for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| REDDY & MURTHY | FY 2018 | 005364S |
Shareholding
The shareholding of M.G.Brothers Chit Fund Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
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| Domestic institutional investors (DII) | |||
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| Others |
To see the full shareholding pattern of M.G.Brothers Chit Fund Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving M.G.Brothers Chit Fund Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for M.G.Brothers Chit Fund Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for M.G.Brothers Chit Fund Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
M.G.Brothers Chit Fund Private Limited has 2 board changes on record since 2001: 2 appointments. The latest: Siddaramappa Chedde was appointed as Director on 31 Dec 2007.
Frequently asked questions
M.G.Brothers Chit Fund has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
M.G.Brothers Chit Fund was a private limited company based in Yemmiganur, Andhra Pradesh, India. The company worked in microfinance institutions, within the financial services industry. It was incorporated on 04 October 1996 and is registered under CIN U65992AP1996PTC025392. The company has been struck off by the Registrar of Companies and is no longer operational.
M.G.Brothers Chit Fund had 2 directors:
- Siddaramappa Chedde - Director
- Raghunath Machani - Director
The CIN (Corporate Identification Number) of M.G.Brothers Chit Fund is U65992AP1996PTC025392. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of M.G.Brothers Chit Fund is at 1 – 1411M G Colony Yemmiganur, Andhra Pradesh, India – 518360.
M.G.Brothers Chit Fund was incorporated on 04 October 1996. It is registered with the Registrar of Companies, Vijayawada.
The latest financial statements of M.G.Brothers Chit Fund on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
M.G.Brothers Chit Fund operated in the financial services industry, in the microfinance institutions segment. It worked in this industry before it was struck off.
Siddaramappa Chedde was appointed as Director on 31 Dec 2007. Raghunath Machani was appointed as Director on 30 Nov 2001.
The compliance status of M.G.Brothers Chit Fund is compliant as of 04 September 2026.

