Sagarmala Development Company Limited logo

Sagarmala Development Company Limited

Equity support for port-led economic development and funding for transport and logistics projects.

2016 Central Delhi, Delhi (India) Active

About

Basic Data Updated:

13 days ago

Sagarmala Development Company Limited was established in 2016 with a clear objective in mind - to promote port-led economic development and optimize the use of existing and future port capacity. The company is based in Delhi and is engaged in the business of providing equity support for the project Special Purpose Vehicles (SPVs) set up by ports, state and central ministries. The main focus of the company is to fund and implement residual projects, while also providing financial assistance for the implementation of these projects. This includes promoting the establishment of industries and manufacturing centers that can be served by the ports for both EXIM and domestic trade. In addition to this, Sagarmala Development Company Limited also plays a crucial role in developing new linkages for transport, such as road, rail, inland waterways, and coastal routes. This is achieved through the setting up of multi-modal logistics hubs, which further enhances the efficiency of port connectivity and evacuation assets. The company's funding methods include equity participation in SPVs, project development fund, and management of community development fund. This allows for a diverse range of projects to be supported and implemented, ultimately contributing to the overall growth and development of the port sector.

Industry

Company Details

  • Location

    Central Delhi, Delhi, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU74999DL2016GOI305194
Company No.305194
Company ClassificationPublic Limited Union Government Company
Incorporation Date31 Aug 2016
Date of AGM22 Dec 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Delhi

Financials of Sagarmala Development Company Limited

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Sagarmala Development Company Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 10.01% decrease. The company also saw a slight decrease in profitability, with a 1.64% decrease in profit. The company's net worth Soared by an impressive increase of 59.13%.

Corporate Structure

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People in Sagarmala Development Company Limited

Executive Team (3)

  • DG

    Dilip Gupta In Managing Director

    Appointment Date: 06-Jul-2018

    Status: Current

  • MS

    Maanas Srivastava In Company Secretary

    Appointment Date: 08-Aug-2023

    Status: Current

  • AN

    Ananga Nayak In CFO

    Appointment Date: 29-Mar-2023

    Status: Current

Board Members(6)

Charges (Loans)

Charges

There are no open charges registered against the company as per our records.

Deals i

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Rating

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Alert

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Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    Annual General Meeting

    Sagarmala Development Company Limited last Annual general meeting of members was held on 22 Dec 2023 as per latest MCA records.

    22 Dec 2023
  • Activity

    Director Appointment

    Maanas Srivastava was appointed as a Company Secretary was appointed as a Company Secretary on 08 Aug 2023 & has been associated with this company since 9 months 13 days .

    08 Aug 2023
  • Activity

    Balance Sheet

    Sagarmala Development Company Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023
  • Activity

    Director Appointment

    Ananga Charan Nayak was appointed as a Cfo was appointed as a Cfo on 29 Mar 2023 & has been associated with this company since 1 year 1 month .

    29 Mar 2023
  • Activity

    Director Appointment

    Ananga Charan Nayak was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 13 Feb 2023 & has been associated with this company since 1 year 3 months .

    13 Feb 2023

Frequently asked questions

What is the Incorporation or founding date of Sagarmala Development Company Limited?

Sagarmala Development Company Limited was incorporated 7 years 8 months ago on 31 Aug 2016 with Registrar of Companies Roc Delhi.

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