About Russell Credit Ltd
Data last updated:
Russell Credit Ltd is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Itc Limited. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 01 February 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U65993WB1994PLC061684. Its GSTIN is 19AABCR3494H1Z3 (West Bengal). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹700 Cr and a paid-up capital of ₹646.48 Cr. It is led by directors including Supratim Dutta and Trasi Sadashiva Madhava Shenoy.
Its last annual general meeting (AGM) was held on 04 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Virginia House 37 J. L. Nehru Road, Kolkata, West Bengal, India – 700071.
As per the financials filed for FY 2023, the company reported a revenue of ₹48.61 Cr.
The company has about 7 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
Court records list 31 cases involving the company, including 20 filed by the company and 11 filed against it; 8 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website itcportal.com.
Company details
CIN history
Russell Credit has one previous CIN (Corporate Identification Number): U61120WB1994PLC061684. The current CIN is U65993WB1994PLC061684, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65993WB1994PLC061684 | Current |
| U61120WB1994PLC061684 | Previous |
Contact details
Russell Credit Ltd's registered office is in Kolkata, West Bengal. Its website is itcportal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVirginia House 37 J. L. Nehru Road, Kolkata, West Bengal, India – 700071
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Russell Credit Ltd, 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
Business activity
Russell Credit operates primarily in the financial and insurance service sector. 3 business activities are registered with the MCA.
| Main activity group | Business activity | Share of turnover |
|---|---|---|
| Financial and insurance Service | Financial Advisory, brokerage and Consultancy Services | |
| Financial and insurance Service | Financial and Credit leasing activities | |
| Financial and insurance Service | Other financial activities |
To see the full business activity and turnover split of Russell Credit Ltd, buy the company report.
Financials of Russell Credit Ltd
FY 2025 filings availableRussell Credit Ltd reported revenue of ₹48.61 Cr for FY 2023.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Revenue | ₹48.61 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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To see the full financial statements and ratios of Russell Credit Ltd, buy the company report.
Board of directors and KMP of Russell Credit Ltd
Russell Credit Ltd currently reports 6 directors and 1 key managerial person. 13 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Supratim Dutta Also directs: Itc Hotels Limited, Itc Infotech India Limited, Gold Flake Corporation Limited and 3 more | Director | 29 Mar 2013 | 13 Years 7 Months | Current |
| Trasi Sadashiva Madhava Shenoy | Director | 22 Jan 2022 | 4 Years 9 Months | Current |
| Aditya Marodia | Director | 01 Aug 2025 | 1 Years 3 Months | Current |
| Rajendra Kumar Singhi Also directs: Itc Hotels Limited, Itc Infotech India Limited | Director | 27 Mar 2018 | 8 Years 7 Months | Current |
| Jagdish Singh Also directs: International Travel House Limited, Gold Flake Corporation Limited, Greenacre Holdings Ltd and 2 more | Director | 22 Jul 2022 | 4 Years 3 Months | Current |
| Nidhi Bajaj Also directs: Gold Flake Corporation Limited, Greenacre Holdings Ltd, Itc Integrated Business Services Limited and 2 more | Company Secretary | 01 Oct 2019 | 7 Years 1 Months | Current |
Auditor
Russell Credit Ltd is audited by A. F. Ferguson & Co. for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. F. Ferguson & Co. | FY 2018 | 112066W |
Shareholding
The shareholding of Russell Credit Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Russell Credit Ltd, buy the company report.
Legal cases
Russell Credit Ltd has 31 court cases on record: 20 filed by Russell Credit, 11 filed against it. 8 cases are pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 25 | 10 | 2 |
| District courts | 5 | 0 | 5 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Appeal | Filed against the company by M/S G-Tech Stone Limited | Pending |
| NCLAT, NCLAT New Delhi | Company appeal | Filed against the company by J M Financial Asset Reconstruction Company Limited | Pending |
| High Court | Court case (COP) | Filed by the company against Sand Plast (India) Ltd. | Pending |
| Madras High Court | Appeal | Filed against the company by M/S G-Tech Stone Limited | Disposed |
| High Court of Rajasthan | Court case (SAC) | Filed against the company by Sand Plast (India) Ltd. | Disposed |
To see the full case history of Russell Credit Ltd, 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 Russell Credit Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Russell Credit has 1 subsidiary company and 5 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Greenacre Holdings Ltd | U55202WB1986PLC049467 |
To see the full group structure of Russell Credit Ltd, buy the company report.
Employees & EPFO
Russell Credit Ltd has a workforce of 7 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Russell Credit has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCR3494H1Z3 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Russell Credit Ltd, buy the company report.
Recent activity
Russell Credit Ltd has 30 board changes on record since 1997: 18 appointments and 12 cessations. The latest: Aditya Marodia was appointed as Director on 01 Aug 2025.
21 earlier events are in the company report.
News
Frequently asked questions
Russell Credit is an active public limited company based in Kolkata, West Bengal, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 01 February 1994 (32+ years old) and is registered under CIN U65993WB1994PLC061684.
Russell Credit has 7 current directors and KMP:
- Supratim Dutta - Director
- Trasi Sadashiva Madhava Shenoy - Director
- Aditya Marodia - Director
- Rajendra Kumar Singhi - Director
- Jagdish Singh - Director
- Minakshi Biyani - Director
- Nidhi Bajaj - Company Secretary
The latest financial statements of Russell Credit on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 04 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Russell Credit is 19AABCR3494H1Z3, registered in West Bengal. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Russell Credit is U65993WB1994PLC061684. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Russell Credit has 31 court cases on record: 20 filed by the company and 11 filed against it. 8 are pending. Most are in the high courts.
Russell Credit was incorporated on 01 February 1994, making it 32+ years old. It is registered with the Registrar of Companies, Kolkata.
Aditya Marodia was appointed as Director on 01 Aug 2025. Minakshi Biyani was appointed as Director on 29 Apr 2025. Priti Balaji ceased to be Director on 29 Apr 2025. Russell Credit has 30 board changes on record in total.
Russell Credit can be reached through the website itcportal.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of Russell Credit is at Virginia House 37 J. L. Nehru Road, Kolkata, West Bengal, India – 700071.
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