Span Divergent Limited - Company Profile

Q: Who are the current directors of Span Divergent Limited?

The current directors of Span Divergent Limited are Viral Pradipkumar Desai, Sanjay Natwarlal Mehta, Shefali Pranav Desai, Paras Desai, Urvi Tulesh Shinde, Jigneshkumar Rameshchandra Desai, Rajendra Navinchandra Chokhawala, Dharmesh Vinodbhai Desai.

It is a healthcare public limited company based in Surat, Gujarat, India, established in 1980.

1980 Surat, Gujarat, India Active

Last Updated: December 17, 2025

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About Span Divergent Limited

Span Divergent Limited, a active public limited company, was established on 31 March 1980 in Surat, Gujarat, India. Engaging in diagnostic centers & pathology labs within the support service to organizations sector, it holds CIN: L74999GJ1980PLC003710. Registered under ROC Roc Ahmedabad. it is listed on BSE: 524727. It has an authorized capital of ₹15.00 Cr and a paid-up capital of ₹5.46 Cr.

Formerly known as Span Diagnostics Limited, Span Diagnostics Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹2.70 Cr and a net worth of ₹32.62 Cr. Employing 6 professional, Its leadership includes Viral Pradipkumar Desai (Managing Director), Sanjay Natwarlal Mehta (Director), Shefali Pranav Desai (Director). Past directors included Kamlesh Maganlal Patel, Shyamal Ghosh, Manjula Subramaniam. It holds ₹9.42 Cr open charges and ₹197.73 Cr settled loans. Its latest AGM occurred on 26 September 2024, with the balance sheet filed on 31 March 2024. It is based at 9Th Floor, 902-904, Rajhans Bonista, Behind Ram Chowk Temple, Ghod Dod Road,, Surat, Gujarat, 395007.

Company Details

CIN/LLPIN
L74999GJ1980PLC003710
Registration Number
003710
Incorporation Date
31 March 1980
Authorized Capital
₹15.00 Cr
Paid-Up Capital
₹5.46 Cr
ROC Code
Roc Ahmedabad
Listing Status
Listed (BSE: 524727)
Company Status
Active

Key Metrics

Authorised Capital ₹ 15.00 Cr as on 17-12-2025
Paid Up Capital ₹ 5.46 Cr as on 17-12-2025
Company Age 45 Year, 10 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 9.42 Cr as on 17-12-2025
Satisfied Charges ₹ 197.73 Cr as on 17-12-2025
Revenue Growth **** -13.56% (FY 2023)
Profit Growth **** 56.98% (FY 2023)
Ebitda **** 9.65% (FY 2023)
Net Worth -9.31% (FY 2023)
Total Assets -7.89% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Span Divergent Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Span Divergent Limited?

Current Directors

Name	Designation	Appointment Date	Status
Viral Pradipkumar Desai	Managing Director	01 Jul 2003	Current
Sanjay Natwarlal Mehta	Director	21 Aug 2004	Current
Shefali Pranav Desai	Director	04 Aug 2022	Current
Paras Desai	Nodal Officer	03 Sep 2019	Current
Jigneshkumar Rameshchandra Desai	Director	01 Jan 2024	Current
Rajendra Navinchandra Chokhawala	Director	01 Jan 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	23 Aug 2008	Past
Pramod Abcsdd	Director	31 Mar 2024	Past
Pramod Abcsdd	Director	10 Jun 2022	Past
Pramod Abcsdd	Whole-Time Director	01 Jul 2013	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Additional Director	29 Sep 2022	Past

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Financial Performance of Span Divergent.

Span Divergent Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.56% decrease. The company also saw a substantial improvement in profitability, with a 56.98% increase in profit. The company's net worth dipped by a decrease of 9.31%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-13.56%

*******

Revenue from Operations

*******

-0.26%

*******

Total Assets

*******

-7.89%

*******

Profit or Loss

*******

56.98%

*******

Net Worth

*******

-9.31%

*******

EBITDA

*******

9.65%

*******

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What is the Ownership and Shareholding Structure of Span Divergent?

In 2023, Span Divergent had a promoter holding of 64.01% and a public holding of 35.99%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹94,234,000.00

Satisfied Charges

₹1,977,252,811.00

Charges Breakdown by Lending Institutions

Others : 9.42 Cr

Latest Charge Details

Date	Lender	Amount	Status
07 Mar 2023	Others	₹4.60 Cr	Open
08 Mar 2018	Others	₹4.82 Cr	Open
24 Aug 2020	Sidbi	₹1.57 Cr	Satisfied
19 Jan 2018	Others	₹4.30 Cr	Satisfied
30 Aug 2017	Sidbi	₹5.20 Cr	Satisfied

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How Many Employees Work at Span Divergent?

Span Divergent has a workforce of 6 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Span Divergent, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Span Divergent's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Span Divergent

Recent Activity within the Organization

Director Appointment

Progress on Dharmesh Vinodbhai Desai was appointed as a Additional Director was appointed as a Additional Director on 10 Nov 2025 & has been associated with this company since 3 months 3 days . was documented.
10 Nov 2025
Annual General Meeting

Progress on Span Divergent Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records. was documented.
26 Sep 2024
Charges

The activity A charge with Others of Rs. 4.60 Cr registered on 07 Mar 2023 with Charge ID 100691871 was modified on 29 Jul 2024. was completed.
29 Jul 2024
Charges

A charge with Others of Rs. 4.82 Cr registered on 08 Mar 2018 with Charge ID 100159655 was modified on 27 May 2024. was recorded as a recent event.
27 May 2024
Balance Sheet

Span Divergent Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was recorded as a recent event.
31 Mar 2024
Director Appointment

Jigneshkumar Rameshchandra Desai was appointed as a Director was appointed as a Director on 01 Jan 2024 & has been associated with this company since 2 years 1 month . was recorded as a recent event.
01 Jan 2024

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