About Pravara Renewable Energy Limited
Data last updated: 26 July 2025
Pravara Renewable Energy Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Ajr Infra And Tolling Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It specialises in power infrastructure and energy projects, a part of the broader infrastructure and utilities sector. Incorporated on 04 August 2008, the company has been in operation for over 18 years.
Registered with ROC Mumbai under CIN U45202MH2008PLC185428.
Capital: an authorised share capital of ₹48 Cr and a paid-up capital of ₹47.92 Cr. Formerly known as Falcon Projects Developers Limited. It is led by directors including Jitendra Dattatraya Patil and Lakshmayyah Sinmayandam Solagar.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: 3Rd Floor Plot No. 3/8 Hamilton House J. N. Heredia Marg Ballard Estate, Mumbai, Maharashtra, India – 400038.
The company has a workforce of approximately 3 employees as per the latest available data. It operates as a subsidiary of Ajr Infra And Tolling Limited.
As per MCA filings, the company has open charges of ₹231.67 Cr on record.
The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments. The last known website on record is gammoninfra.com.
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Registered Address3Rd Floor Plot No. 3/8 Hamilton House J. N. Heredia Marg Ballard Estate, Mumbai, Maharashtra, India – 400038
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IndustryInfrastructure and Utilities, Power Infrastructure & Energy Projects
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Business Activity of Pravara Renewable Energy Limited
Pravara Renewable Energy Limited operates primarily in the electricity, gas, steam and air condition supply sector. The company has 2 registered business activity segments, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Electricity, gas, steam and air condition supply | Locked | Electric power generation, transmission and distribution | Locked |
| Locked | Electricity, gas, steam and air condition supply | Locked | Electric power generation, transmission and distribution | Locked |
Detailed business activity records for Pravara Renewable Energy Limited
Activity codes and turnover contribution percentages require an active report plan.
- Activity group codes
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Auditor Details of Pravara Renewable Energy Limited
Pravara Renewable Energy Limited is audited by Natvarlal Vepari and 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 |
|---|---|---|---|
| Natvarlal Vepari and Co. | Locked | Locked | Locked |
Complete auditor history for Pravara Renewable Energy Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors of Pravara Renewable Energy Limited
Pravara Renewable Energy Limited is currently managed by 3 directors, with 23 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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Jitendra Dattatraya Patil
Also directs:
Tidong Hydro Power Limited, Gammon Renewable Energy Infrastructure Projects Limited, Haryana Biomass Power Limited and 5 more
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Director | 15 Mar 2021 | 5 Years 4 Months | As last reported |
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Lakshmayyah Sinmayandam Solagar
Also directs:
Sikkim Hydro Power Ventures Limited, Cochin Bridge Infrastructure Company Limited, Sony Mony Developers Private Limited and 1 more
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Director | 12 Jan 2024 | 2 Years 6 Months | As last reported |
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Hemant Madansingh Chandel
Also directs:
Sikkim Hydro Power Ventures Limited, Tidong Hydro Power Limited, Gammon Renewable Energy Infrastructure Projects Limited and 3 more
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Director | 23 Mar 2016 | 10 Years 4 Months | As last reported |
Financials of Pravara Renewable Energy Limited FY 2024 filings available
Ten-year financial statements for Pravara Renewable Energy Limited
Historical statement values and trend charts require an active report plan.
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Ownership and Shareholding of Pravara Renewable Energy Limited
Shareholding and ownership data for Pravara Renewable Energy Limited
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Charges & Borrowings of Pravara Renewable Energy Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 May 2015 | Central Bank of India | ₹40 Cr | Open |
| 19 Jul 2012 | Central Bank of India | ₹191.67 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Pravara Renewable Energy Limited
Pravara Renewable Energy Limited has a workforce of 3 employees as of Mar 22, 2024.
Employee and EPFO history for Pravara Renewable Energy Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Pravara Renewable Energy Limited
GST registrations and filing compliance for Pravara Renewable Energy Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
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Credit Ratings, Litigation & Regulatory Alerts for Pravara Renewable Energy Limited
Credit ratings, litigation, and regulatory alerts for Pravara Renewable Energy Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
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MSME Payment Delays by Pravara Renewable Energy Limited
MSME payment history for Pravara Renewable Energy Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
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Subsidiaries & Group Companies of Pravara Renewable Energy Limited
Corporate group structure for Pravara Renewable Energy Limited
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MCA Filings & Documents of Pravara Renewable Energy Limited
MCA filings and documents for Pravara Renewable Energy Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
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- Annual returns and statements
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Recent Activity on Pravara Renewable Energy Limited
Recent News on Pravara Renewable Energy Limited
Frequently Asked Questions about Pravara Renewable Energy Limited
Pravara Renewable Energy Limited is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Pravara Renewable Energy Limited is a company under insolvency, formerly operating as a public limited company in the infrastructure and utilities sector based in Mumbai, Maharashtra, India. It was incorporated on 04 August 2008 and is registered under CIN U45202MH2008PLC185428. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
The current directors of Pravara Renewable Energy Limited are:
- Jitendra Dattatraya Patil - Director
- Lakshmayyah Sinmayandam Solagar - Director
- Hemant Madansingh Chandel - Director
The CIN (Corporate Identification Number) of Pravara Renewable Energy Limited is U45202MH2008PLC185428. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pravara Renewable Energy Limited has open charges of ₹231.67 Cr and no satisfied charges on record as per latest MCA filings.
The primary industry of Pravara Renewable Energy Limited is infrastructure and utilities. The company specifically operates in power infrastructure and energy projects.