Proalgen Biotech Limited, a active public limited company, was established on 03 March 1997 in Chennai, Tamil Nadu, India. Engaging in flavouring & seasoning additives within the manufacturing sector, it holds CIN: U24117TN1997PLC037629. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹15.00 Cr and a paid-up capital of ₹11.99 Cr.
Formerly known as Acl Chemicals Ltd. It upholds a compliant status. Its leadership includes Kalyanasundaram Krishnan (Director), Nidamangala Srinivasa Balamukundan (Managing Director), Nidamangala Srinivasa Venkatesh (Director). Past directors included Anantharaman Subramanyan Aiyar, Kalyanasundaram Krishnan, Malaiappan Viswanathan. It holds ₹6.47 Cr open charges and ₹18.69 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at New. No. 8, Old No. 11, 6Th Cross Street, Karpagam Gardens, Adya, R,, Chennai, Tamil Nadu, 600020.
U24117TN1997PLC037629
037629
03 March 1997
₹15.00 Cr
₹11.99 Cr
Roc Chennai
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kalyanasundaram Krishnan | Director | 29 Nov 2021 | Current |
| Nidamangala Srinivasa Balamukundan | Managing Director | 01 Jan 1998 | Current |
| Nidamangala Srinivasa Venkatesh | Director | 10 Jul 1999 | Current |
| Ananthanarayanan Manjunath | Director | 29 Feb 2020 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 19 Mar 2012 | Past |
| Pramod Abcsdd | Additional Director | 24 Dec 2021 | Past |
| Pramod Abcsdd | Director | 26 Sep 2018 | Past |
| Pramod Abcsdd | Director | 29 Dec 2016 | Past |
| Pramod Abcsdd | Additional Director | 24 Jun 2017 | Past |
| Pramod Abcsdd | Director | 01 Jan 2018 | Past |
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Proalgen Biotech Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 24.74% decrease. The company also saw a substantial fall in profitability, with a 113.59% decrease in profit. The company's net worth dipped by a decrease of 7.76%.
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In 2022, Proalgen Biotech had a promoter holding of 71.56% and a public holding of 28.43%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹64,700,000.00
₹186,900,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Mar 2009 | Others | ₹4.31 Cr | Open |
| 08 Apr 2005 | State Bank Of India | ₹2.16 Cr | Open |
| 14 Apr 2005 | Icici Bank Ltd | ₹7.00 Cr | Satisfied |
| 14 Apr 2005 | Icici Limited | ₹7.00 Cr | Satisfied |
| 30 Jan 2002 | The Vyasya Bank Ltd. | ₹3.79 Cr | Satisfied |
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Proalgen Biotech Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.
The activity Proalgen Biotech Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was completed.
Progress on A charge with State Bank Of India of Rs. 2.16 Cr registered on 08 Apr 2005 with Charge ID 90290613 was modified on 15 Dec 2021. was documented.
Kalyanasundaram Krishnan was appointed as a Director was appointed as a Director on 29 Nov 2021 & has been associated with this company since 3 years 11 months . was recorded as a recent event.
Progress on Ananthanarayanan Manjunath was appointed as a Director was appointed as a Director on 29 Feb 2020 & has been associated with this company since 5 years 8 months . was documented.
Progress on Selvakumar Ponnurangam was appointed as a Cfo was appointed as a Cfo on 01 Jun 2019 & has been associated with this company since 6 years 5 months . was documented.
The CIN of Proalgen Biotech Limited is U24117TN1997PLC037629.
Proalgen Biotech Limited is headquartered at New. No. 8, Old No. 11, 6Th Cross Street, Karpagam Gardens, Adya, R,, Chennai, Tamil Nadu, 600020.
Proalgen Biotech Limited was incorporated on 03 March 1997.
The current directors of Proalgen Biotech Limited are
The primary industry of Proalgen Biotech Limited is Manufacturing.
Proalgen Biotech Limited is unlisted.
The authorized capital of Proalgen Biotech Limited is ₹15.00 Cr, and the paid-up capital is ₹11.99 Cr.
The compliance status of Proalgen Biotech Limited is Compliant.
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