About Panama Wind Energy Private Limited
Data last updated: 11 January 2026
Panama Wind Energy Private Limited is a private limited company based in Pune City, Maharashtra, India, a subsidiary of O2 Power Sg. Pte. Ltd.. It specialises in wind energy solutions, a part of the broader environmental services sector. Incorporated on 25 July 2003, the company has been in operation for over 23 years.
Registered with ROC Pune under CIN U40108PN2003PTC018172.
Capital: an authorised share capital of ₹103.5 Cr and a paid-up capital of ₹28 Cr. It is led by directors including Prakash Mahadeo Surve and Ashok Pundalik Shintre.
Last AGM: 29 August 2025. Financial statements filed for year ended 31 March 2025. Office: Pune City, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹79.35 Cr, a decline of 6% compared to the previous year.
The company has a workforce of approximately 8 employees as per the latest available data. It operates as a subsidiary of O2 Power Sg. Pte. Ltd..
The company is associated with 2 brands - Panama Wind Energy, The Panama Group. As per MCA filings, the company has open charges of ₹1,095.6 Cr and satisfied charges of ₹1,561.08 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website panama-group.com.
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Registered AddressTrios Coworking Private Limited Office No. 301, 3Rd Floor Lalwani House Plot No. 79 Sakore Nagar Viman Nagar, Pune City, Maharashtra, India – 411014
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IndustryEnvironment, Wind Energy Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Panama Wind Energy Private Limited
Panama Wind Energy Private Limited operates two associated brands: Panama wind energy and The Panama Group. These brands represent Panama Wind Energy Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Independently produces energy from wind sources. | panamawind.co.in | |
| Provider of agriculture, renewable energy, water resources, and real estate services | panama-group.com |
Competitors & Alternatives of Panama Wind Energy Private Limited
Brands and companies operating in the same space as Panama Wind Energy Private Limited include Hero Future Energies, lnox Wind Energy, NuPower Renewables and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Hero Future Energies
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Renewable energy projects are developed for utility-scale and commercial use. | London, United Kingdom, United Kingdom | 2012 |
lnox Wind Energy
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Renewable energy production services are provided in the wind sector. | Vadodara, India, India | 2020 |
NuPower Renewables
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Provider of independent power generation services | Mumbai, India, India | 2008 |
Gita Renewable Energy
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Power is generated from renewable wind, solar, and hydro resources. | Chennai, India, India | 2010 |
Warana Power
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Hydroelectric power is produced and distributed by Warana Power. | Kolhapur, India, India | 2005 |
Cleanwin Energy SIX
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Provider of renewable energy generation for wind power plants | Mumbai, India, India | 2021 |
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Euro Solar Power
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Operates solar power generation plants with hybrid wind systems for sustainable energy. | Mumbai, India, India | 2008 |
Business Activity of Panama Wind Energy Private Limited
Panama Wind Energy Private Limited is engaged in the principal business activity of electricity, gas, steam and air condition supply, with detailed activities including electric power generation, transmission and distribution.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | Locked |
Business activity turnover details for Panama Wind Energy Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
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Auditor Details of Panama Wind Energy Private Limited
Panama Wind Energy Private Limited is audited by Sharad Shah & Co. for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Sharad Shah & Co. | Locked | Locked | Locked |
Complete auditor history for Panama Wind Energy Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
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Board of Directors of Panama Wind Energy Private Limited
Panama Wind Energy Private Limited is currently managed by 4 directors, with 29 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Prakash Mahadeo Surve
Also directs:
Es Sun Power Private Limited, Panama Wind Energy Godawari Private Limited, Panama Wind Energy Shivneri Private Limited and 1 more
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Director | 14 Mar 2023 | 3 Years 5 Months | Current |
| Ashok Pundalik Shintre | Director | 23 Jun 2023 | 3 Years 1 Months | Current |
| Mahesh Kashinath Akuskar | Additional Director | 30 Apr 2025 | 1 Years 3 Months | Current |
| Yogesh Tukaram Pawar | Additional Director | 14 Nov 2025 | 0 Years 9 Months | Current |
Financials of Panama Wind Energy Private Limited FY 2025 filings available
Panama Wind Energy Private Limited reported revenue of ₹79.35 Cr (down 6.00% YoY) for FY 2025.
Ten-year financial statements for Panama Wind Energy Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
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Ownership and Shareholding of Panama Wind Energy Private Limited
Shareholding and ownership data for Panama Wind Energy Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
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Charges & Borrowings of Panama Wind Energy Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Nov 2024 | Axis Bank Limited | ₹34 Cr | Open |
| 16 Mar 2023 | Idbi Trusteeship Services Limited | ₹582.6 Cr | Open |
| 17 Feb 2023 | Idbi Trusteeship Services Limited | ₹78 Cr | Open |
| 17 Nov 2016 | Idbi Trusteeship Services Limited | ₹38 Cr | Open |
| 27 Oct 2016 | Idbi Trusteeship Services Limited | ₹38 Cr | Open |
Total charge records: 9 View all charges
Employees and EPFO Compliance at Panama Wind Energy Private Limited
Panama Wind Energy Private Limited has a workforce of 8 employees as of Apr 08, 2024.
Employee and EPFO history for Panama Wind Energy Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Panama Wind Energy Private Limited
GST registrations and filing compliance for Panama Wind Energy Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Panama Wind Energy Private Limited
Credit ratings, litigation, and regulatory alerts for Panama Wind Energy Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Panama Wind Energy Private Limited
MSME payment history for Panama Wind Energy Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
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Subsidiaries & Group Companies of Panama Wind Energy Private Limited
Corporate group structure for Panama Wind Energy Private Limited
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- Parent company
- Subsidiaries and ownership
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MCA Filings & Documents of Panama Wind Energy Private Limited
MCA filings and documents for Panama Wind Energy Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Panama Wind Energy Private Limited
Frequently Asked Questions about Panama Wind Energy Private Limited
Panama Wind Energy Private Limited is an active private limited company in the environment sector based in Pune City, Maharashtra, India. It was incorporated on 25 July 2003 (23+ years old) and is registered under CIN U40108PN2003PTC018172. The company has 8 employees.
Panama Wind Energy Private Limited reported revenue of ₹79.35 Cr for FY 2025 (down 6.00% YoY).
The current directors of Panama Wind Energy Private Limited are:
- Prakash Mahadeo Surve - Director
- Ashok Pundalik Shintre - Director
- Mahesh Kashinath Akuskar - Additional Director
- Yogesh Tukaram Pawar - Additional Director
The primary industry of Panama Wind Energy Private Limited is environment. The company specifically operates in wind energy solutions. The company is currently active in this sector.
Panama Wind Energy Private Limited can be reached at the registered office: Trios Coworking Private Limited Office No. 301, 3Rd Floor Lalwani House Plot No. 79 Sakore Nagar Viman Nagar, Pune City, Maharashtra, India – 411014, or through the website panama-group.com.
The authorised capital is ₹103.5 Cr, and the paid-up capital is ₹28 Cr.