Sagar Salts Private Limited
About Sagar Salts Private Limited
Data last updated:
Sagar Salts Private Limited is a private limited company based in Andhra Pradesh, India. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the crushing segment of the mining sector. It was incorporated on 23 January 1986.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U14220AP1986PTC006116.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.55 Lakh. It is led by directors Veera Sudhakar Reddy Parvathareddy and Ravindra Reddy Chennareddy.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 334 Lakshmi Puram Nellore, Andhra Pradesh, India.
As per MCA filings, the company has open charges of ₹14.4 Lakh and satisfied charges of ₹14.4 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company.
Company details
Contact details
Sagar Salts Private Limited's registered office is in Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address334 Lakshmi Puram Nellore, Andhra Pradesh, India
- IndustryMining, Crushing, Screening, Salt Mining, Mining & Quarrying
To see the full contact details of Sagar Salts Private 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 Sagar Salts Private Limited
FY 2024 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Sagar Salts Private Limited, buy the company report.
Board of directors of Sagar Salts Private Limited
Sagar Salts has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Veera Sudhakar Reddy Parvathareddy | Director | 23 Jan 1986 | 40 Years 9 Months | Current |
| Ravindra Reddy Chennareddy | Director | 23 Jan 1986 | 40 Years 9 Months | Current |
Auditor
Sagar Salts Private Limited is audited by C RAMACHANDRAM & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C RAMACHANDRAM & CO | FY 2022 | 002864S |
Shareholding
The shareholding of Sagar Salts Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
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To see the full shareholding pattern of Sagar Salts Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Mar 1989 | 90116676 | Union Bank of India | ₹1.5 Lakh | Satisfied | |
| 21 Feb 1987 | 90116568 | A. P. S. F. C. | ₹12.9 Lakh | Satisfied |
To see the full charge records of Sagar Salts Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Sagar Salts Private Limited has 2 court cases on record: 2 filed by Sagar Salts. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against GM Ap State Finance Corp. Hyd. | Disposed |
| High Court | Writ petition | Filed by the company against GM Ap State Finance Corp. Hyd. | Disposed |
To see the full case history of Sagar Salts Private 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 Sagar Salts Private 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 Sagar Salts Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sagar Salts Private Limited has 2 board changes on record since 1986: 2 appointments. The latest: Ravindra Reddy Chennareddy was appointed as Director on 23 Jan 1986.
Frequently asked questions
Sagar Salts is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Sagar Salts is a company pending strike off, currently registered as a private limited company based in Andhra Pradesh, India. The company works in crushing, within the mining industry. It was incorporated on 23 January 1986 and is registered under CIN U14220AP1986PTC006116. The company may be struck off soon - caution is advised.
The compliance status of Sagar Salts is active non-compliant as of 28 August 2026.
Sagar Salts has 2 current directors:
- Veera Sudhakar Reddy Parvathareddy - Director
- Ravindra Reddy Chennareddy - Director
The CIN (Corporate Identification Number) of Sagar Salts is U14220AP1986PTC006116. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sagar Salts was incorporated on 23 January 1986. It is registered with the Registrar of Companies, Vijayawada.
The registered office of Sagar Salts is at 334 Lakshmi Puram Nellore, Andhra Pradesh, India.
The latest financial statements of Sagar Salts on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
Sagar Salts operates in the mining industry, in the crushing segment.
Sagar Salts has 2 court cases on record: 2 filed by the company.
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