
About Saag RR Infra Limited
Data last updated:
Saag RR Infra Limited is a public limited company based in Chennai, Tamil Nadu, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 27 January 1995.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN L45201TN1995PLC029964. It is recorded as listed by MCA, but its shares were delisted from BSE on 05 Mar 2018 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹21.67 Cr. It is led by directors including Sriram Raju (Managing Director) and Abu Bakar Bin Abdul Hamid.
Its last annual general meeting (AGM) was held on 30 September 2013, and its latest financial statements are for the year ended 31 March 2013. The registered office is at No51 R.K.Mutt Road Mylapore Chennai 600004 Hennai 600004, Tamil Nadu, India – 600004.
The company is associated with 1 brand: Saag Rr. As per MCA filings, the company has open charges of ₹62.91 Cr and satisfied charges of ₹42.44 Cr on record. Court records list 88 cases involving the company, including 16 filed by the company and 72 filed against it; 20 cases are pending. The company has 35 deals on record (34 market trades, 1 acquisition); the latest was in January 2012.
The last known website on record is saagrr.com.
Company details
Contact details
Saag RR Infra Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressNo51 R.K.Mutt Road Mylapore Chennai 600004 Hennai 600004, Tamil Nadu, India – 600004
- IndustryInfrastructure and Utilities, General Construction Services
- 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
Brands
Saag RR Infra operates one associated brand: Saag Rr. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Limited information available | saagrr.co.in |
Financials of Saag RR Infra Limited
FY 2013 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Saag RR Infra Limited, buy the company report.
Board of directors of Saag RR Infra Limited
Saag RR Infra has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sriram Raju Also directs: Crown Engineers and Consultants LLP | Managing Director | 27 Jan 1995 | 31 Years 8 Months | As last reported |
| Abu Bakar Bin Abdul Hamid Also directs: TPS Builders Ltd | Director | 31 Mar 2009 | 17 Years 6 Months | As last reported |
| Makhtar Bin Mohamed | Director | 28 Apr 2009 | 17 Years 5 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Sep 2008 | 10120919 | Kotak Mahindra Bank Limited | ₹1.66 Cr | Open | |
| 14 Jan 2008 | 10086305 | Jm Financial Asset Reconstruction Company Private Limited | ₹60 Cr | Open | |
| 18 Oct 2002 | 90291519 | Decan Musicals (P) Ltd. | ₹25 Lakh | Open | |
| 12 Apr 2002 | 90294878 | City Union Bank Limited | ₹1 Cr | Open | |
| 22 Jul 2008 | 10120727 | Srei Infrastructure Finance Limited | ₹44.65 Lakh | Satisfied |
To see the full charge records of Saag RR Infra Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Saag RR Infra Limited has 35 deals on record (34 market trades, 1 acquisition); the latest was in January 2012.
Deals on record (5 of 35)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2012 | Market trade | ₹9.4 Lakh | Seller: Sangam Agro Agencies Private Limited |
| Mar 2011 | Acquisition | ₹49.7 Lakh | Buyer: 3T Properties Private Limited |
| Jan 2011 | Market trade | ₹39.6 Lakh | Buyer: Sangam Agro Agencies Private Limited |
| Jan 2011 | Market trade | ₹28 Lakh | Buyer: Sangam Agro Agencies Private Limited |
| Dec 2010 | Market trade | ₹19.6 Lakh | Seller: Pawantar Agro Agencies Private Limited |
To see the full deal history of Saag RR Infra Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Saag RR Infra Limited has 88 court cases on record: 16 filed by Saag RR Infra, 72 filed against it. 20 cases are pending and 68 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 58 | 43 | 11 |
| District courts | 29 | 29 | 9 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 88)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Court case (COS) | Filed against the company by Thamiraparani Investments Private Limited | Pending |
| High Court, TAMIL NADU | Court case (COMP.A) | Filed against the company by M/S Thamiraparani Investments Pvt. Ltd., Rep.By Its Director Mr.P.Augustine, and 3 others | Pending |
| High Court, TAMIL NADU | Court case (COMP.A) | Filed against the company by Quadrangle Trading Services Private Limited., | Pending |
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by Quadrangle Trading Services Pvt Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ms Srei Equipment Finance Pvt.Ltd | Pending |
To see the full case history of Saag RR Infra 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 Saag RR Infra 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 Saag RR Infra Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Saag RR Infra Limited has 25 board changes on record since 1995: 14 appointments and 11 cessations. The latest: Vasudevan Veeraraghavan ceased to be Director on 27 May 2014.
36 earlier events are in the company report.
Frequently asked questions
Saag RR Infra is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Saag RR Infra is a company under liquidation, formerly operating as a public limited company based in Chennai, Tamil Nadu, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 27 January 1995 and is registered under CIN L45201TN1995PLC029964. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Saag RR Infra has 3 current directors:
- Sriram Raju - Managing Director
- Abu Bakar Bin Abdul Hamid - Director
- Makhtar Bin Mohamed - Director
The latest financial statements of Saag RR Infra on record with the MCA are for the year ended 31 March 2013. Its last annual general meeting was held on 30 September 2013. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Saag RR Infra is L45201TN1995PLC029964. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saag RR Infra is recorded as a listed company by MCA, but its shares were delisted from BSE on 05 Mar 2018 · compulsory delisting, and no longer trade on a stock exchange.
Saag RR Infra has open charges of ₹62.91 Cr and satisfied charges of ₹42.44 Cr as per latest MCA filings.
Saag RR Infra has 88 court cases on record: 16 filed by the company and 72 filed against it. 20 are pending. Most are in the high courts.
Saag RR Infra was incorporated on 27 January 1995. It is registered with the Registrar of Companies, Chennai.
Saag RR Infra has 35 deals on record (34 market trades, 1 acquisition); the latest was in January 2012.