About Ritesh Polyesters Limited
Data last updated:
Ritesh Polyesters Limited was a public limited company based in Secunderabad, Telangana, India. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 02 September 1988.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U17110TG1988PLC009012.
The company had an authorised share capital of ₹7.25 Cr and a paid-up capital of ₹6.18 Cr. It was led by directors including Koteswara Rao Karuchola (Irp/Rp/Liquidator) and Shiny Thomas.
Its last annual general meeting (AGM) was held on 30 June 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 604 Swapnalok Complex S.D. Road, Secunderabad, Telangana, India – 500003.
As per MCA filings, the company had open charges of ₹94.15 Lakh and satisfied charges of ₹94.15 Lakh on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The last known website on record is riteshgroup.com.
Company details
CIN history
Ritesh Polyesters has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U17110TG1988PLC009012, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17110TG1988PLC009012 | Current |
| L17110TG1988PLC009012 | Previous |
| L17110AP1988PLC009012 | Previous |
Contact details
Ritesh Polyesters Limited's registered office is in Secunderabad, Telangana. Its website is riteshgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address604 Swapnalok Complex S.D. Road, Secunderabad, Telangana, India – 500003
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Ritesh Polyesters 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 Ritesh Polyesters Limited
FY 2023 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Ritesh Polyesters Limited, buy the company report.
Board of directors of Ritesh Polyesters Limited
Ritesh Polyesters has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Koteswara Rao Karuchola | Irp/Rp/Liquidator | 11 Jan 2024 | 2 Years 9 Months | As last reported |
| Shiny Thomas | Director | 25 Apr 2015 | 11 Years 6 Months | As last reported |
| Surender Kumar Agarwal Also directs: S K Infra Private Limited | Director | 15 Feb 1993 | 33 Years 8 Months | As last reported |
| Babu Thomas | Director | 18 Jun 2008 | 18 Years 4 Months | As last reported |
Auditor
Ritesh Polyesters Limited is audited by GUDURI & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GUDURI & ASSOCIATES | FY 2019 |
Shareholding
The shareholding of Ritesh Polyesters Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ritesh Polyesters Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Nov 1989 | 90116728 | State Bank of Hyderabad | ₹31.5 Lakh | Satisfied | |
| 04 Mar 1989 | 90116673 | State Bank of Hyderabad | ₹62.65 Lakh | Satisfied |
To see the full charge records of Ritesh Polyesters Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Ritesh Polyesters Limited has 3 court cases on record: 2 filed by Ritesh Polyesters, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Ms Fortune Communications Ltd | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against E.D. Securities & Exchange Board of Indi | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against Securities & Exchange Board of India&2 | Disposed |
To see the full case history of Ritesh Polyesters Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ritesh Polyesters 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 Ritesh Polyesters Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ritesh Polyesters Limited has 7 board changes on record since 1993: 4 appointments and 3 cessations. The latest: Koteswara Rao Karuchola was appointed as Irp/Rp/Liquidator on 11 Jan 2024.
2 earlier events are in the company report.
Frequently asked questions
Ritesh Polyesters has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Ritesh Polyesters was a public limited company based in Secunderabad, Telangana, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 02 September 1988 and is registered under CIN U17110TG1988PLC009012. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
Ritesh Polyesters was incorporated on 02 September 1988. It is registered with the Registrar of Companies, Hyderabad.
Ritesh Polyesters had 4 directors:
- Shiny Thomas - Director
- Surender Kumar Agarwal - Director
- Babu Thomas - Director
- Koteswara Rao Karuchola - Irp/Rp/Liquidator
The CIN (Corporate Identification Number) of Ritesh Polyesters is U17110TG1988PLC009012. 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 Ritesh Polyesters is at 604 Swapnalok Complex S.D. Road, Secunderabad, Telangana, India – 500003.
Ritesh Polyesters can be reached through the website riteshgroup.com. Its registered office is in Secunderabad, Telangana, India.
The latest financial statements of Ritesh Polyesters on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 June 2023. Year-wise statements from 2015 are in the company report.
Ritesh Polyesters operated in the manufacturing industry, in the textile and fabric production segment.
Ritesh Polyesters has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the high courts.