About
Basic Data Updated:
3 months agoThe development of Stage-I of the Bangalore Mysore Infrastructure Corridor (BMIC) is being undertaken by Nandi Economic Corridor Enterprises Limited, a special purpose vehicle (SPV) established by Nandi Infrastructure Corridor Enterprise Limited (NICE). As of March 31, 2017, NICE holds a majority stake of 54.22% in NECEL. The company has made significant progress in the construction of the corridor, with 41km of Peripheral road completed in 2008 and toll operations commencing in December of that year. In October 2009, 8.51 km of Link road was also completed and toll operations began. However, due to delays in land acquisition, only 4.5 km of the Expressway has been constructed out of the total 13 km planned. NECEL has successfully initiated tolling on the completed road portions and cur... Read More
Industry
Company Details
- Location
Bangalore, Karnataka, India
- Website1222442
- Telephone1222442
- Email Address1222442
| CIN/LLPIN/FCRN | U85110KA2000PLC026939 |
| Company No. | 026939 |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 17 Apr 2000 |
| Date of AGM | 20 Sep 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Bangalore |
Financials of Nandi Economic Corridor Enterprises Limited.
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Corporate Structure
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People in Nandi Economic Corridor Enterprises Limited.
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Executive Team (3)
AK
Ashok Kheny
Managing DirectorAppointment Date: 17-Apr-2000
Status: Current
AS
Ashoka Shetty CFOAppointment Date: 10-Nov-2022
Status: Current
BN
Balaji Nayanameni Company SecretaryAppointment Date: 18-Jul-2017
Status: Current
Board Members(7)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Bank Of India Creation Date: 04 Oct 2021 | ₹2.00 M | Open |
Idbi Trusteeship Services Limited Creation Date: 06 Feb 2015 | ₹1,560.00 Cr | Open |
The Western India Trustee And Executor Company Limited Creation Date: 25 May 2004 | ₹43.00 Cr | Open |
Deals i
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Rating
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Alert
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Recent activity within the organization
Annual General Meeting
Nandi Economic Corridor Enterprises Limited. last Annual general meeting of members was held on 20 Sep 2023 as per latest MCA records.
20 Sep 2023Director Appointment
Vikram Manohar Munje was appointed as a Director was appointed as a Director on 10 Aug 2023 & has been associated with this company since 8 months 10 days .
10 Aug 2023Balance Sheet
Nandi Economic Corridor Enterprises Limited. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
31 Mar 2023Charges
A charge with Idbi Trusteeship Services Limited of Rs. 1,560.00 cr registered on 06 Feb 2015 with Charge ID 10550828 was modified on 02 Dec 2022.
02 Dec 2022Charges
A charge with Bank Of India amounted to Rs. 0.20 cr with Charge ID 100499967 was registered on 04 Oct 2021.
04 Oct 2021
Recent News, Updates & Announcement
Nice Expands Toll Plazas At Electronic City And Mysore Rd.Ibcworldnews 06 Jun 2018
- NICE Bags best Infrastructure Company Award.
Ibcworldnews 11 Apr 2018
Frequently asked questions
What is the Incorporation or founding date of Nandi Economic Corridor Enterprises Limited.?
