About Sterlite Ports Limited
Data last updated:
Sterlite Ports Limited was a public limited company based in Tuticorin, Tamil Nadu, India, operated as a subsidiary of Sesa Resources Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 16 April 2010.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U40109TN2010PLC084216. Its GSTIN is 37AAHCM0699P1ZM (Andhra Pradesh).
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Malco Power Company Limited. It was led by directors including Chikkala Sateesh Kumar and Navin Kumar Jaju.
Its last annual general meeting (AGM) was held on 28 June 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Tuticorin, Tamil Nadu.
Its group structure included 2 subsidiaries.
Court records list 5 cases involving the company, including 5 filed by the company. The company has 2 deals on record (2 secondary share transfers); the latest was in August 2021. The company has 3 MSME Form 1 returns on record between 2019 and 2021, listing 113 overdue payments to 7 micro and small suppliers.
The last known website on record is vedantaresources.com.
Company details
CIN history
Sterlite Ports has one previous CIN (Corporate Identification Number): U40109TZ2010PLC016007. The current CIN is U40109TN2010PLC084216, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40109TN2010PLC084216 | Current |
| U40109TZ2010PLC016007 | Previous |
Contact details
Sterlite Ports Limited's registered office is in Tuticorin, Tamil Nadu. Its website is vedantaresources.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMalco Power Company Limited Sipcot Industrial Complex, Madurai Bye P Ass Road India, Tuticorin, Tamil Nadu, India – 628002
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Sterlite Ports 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 Sterlite Ports Limited
FY 2022 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Sterlite Ports Limited, buy the company report.
Board of directors of Sterlite Ports Limited
Sterlite Ports 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 |
|---|---|---|---|---|
| Chikkala Sateesh Kumar | Director | 01 Apr 2021 | 5 Years 7 Months | As last reported |
| Navin Kumar Jaju Also directs: Sesa Resources Limited, Sesa Mining Corporation Limited, Sesa Iron and Steel Limited and 5 more | Director | 12 Jan 2021 | 5 Years 10 Months | As last reported |
| Leena Bhiku Verenkar Also directs: Sesa Resources Limited, Sesa Mining Corporation Limited, Sesa Iron and Steel Limited and 3 more | Additional Director | 23 Dec 2022 | 3 Years 10 Months | As last reported |
Auditor
Sterlite Ports Limited is audited by S.R. Batliboi & Co. LLP for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Co. LLP | FY 2020 | 301003E/E300005 |
Shareholding
The shareholding of Sterlite Ports 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 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sterlite Ports Limited, buy the company report.
Deals & funding
Sterlite Ports Limited has 2 deals on record (2 secondary share transfers); the latest was in August 2021.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2021 | Secondary share transfer | Undisclosed | Buyer: Sesa Resources Limited , Sesa Resources Limited & Joy Afonso, Sesa Resources Limited & Navnath L Vhatte Seller: Vedanta Limited & Joy Afonso, Vedanta Limited & Joseph Coelho, Vedanta Limited & Leena Verenkar |
| Feb 2011 | Secondary share transfer | Undisclosed | Buyer: Vedanta Limited, Vedanta Limited & Ramesh Nair, Vedanta Limited & Rajiv Choubey Seller: The Madras Aluminium Company Limited & Vinod Bhandawat, The Madras Aluminium Company Limited & Ramesh Nair, The Madras Aluminium Company Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sterlite Ports Limited has 5 court cases on record: 5 filed by Sterlite Ports. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 3 | 0 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Review App | Court case (Review App) | Filed by the company against an individual | Disposed |
| NCLAT, NCLAT Chennai | Company appeal | Filed by the company against an individual | Disposed |
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| NCLT, Chennai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Chennai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Sterlite Ports 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
Sterlite Ports Limited has 3 MSME Form 1 returns on record between 2019 and 2021, listing 113 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Rich Mark Shipping & Logistics Private Limited | |||
| V S Infra Logistics Private Limited | |||
| Minerals Lab Services Private Limited | |||
| Emtex Engineering Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Sterlite Ports Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Sterlite Ports has 2 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Maritime Ventures Private Limited | U61200TN2013PTC091762 | |
| Goa Sea Port Private Limited | U63000TN2016PTC111287 |
To see the full group structure of Sterlite Ports Limited, buy the company report.
GST
Sterlite Ports has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAHCM0699P1ZM | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sterlite Ports Limited, buy the company report.
Recent activity
Sterlite Ports Limited has 16 board changes on record since 2011: 3 appointments and 13 cessations. The latest: Leena Bhiku Verenkar was appointed as Additional Director on 23 Dec 2022.
7 earlier events are in the company report.
Frequently asked questions
Sterlite Ports has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Sterlite Ports was a public limited company based in Tuticorin, Tamil Nadu, India. The company worked in general construction services, within the infrastructure and utilities industry. It was incorporated on 16 April 2010 and is registered under CIN U40109TN2010PLC084216. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Sterlite Ports was incorporated on 16 April 2010. It is registered with the Registrar of Companies, Chennai.
Sterlite Ports had 3 directors:
- Chikkala Sateesh Kumar - Director
- Navin Kumar Jaju - Director
- Leena Bhiku Verenkar - Additional Director
The CIN (Corporate Identification Number) of Sterlite Ports is U40109TN2010PLC084216. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Sterlite Ports is at Malco Power Company Limited Sipcot Industrial Complex, Madurai Bye P Ass Road India, Tuticorin, Tamil Nadu, India – 628002.
Sterlite Ports can be reached through the website vedantaresources.com. Its registered office is in Tuticorin, Tamil Nadu, India.
The latest financial statements of Sterlite Ports on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 28 June 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Sterlite Ports is 37AAHCM0699P1ZM, registered in Andhra Pradesh.
Sterlite Ports operated in the infrastructure and utilities industry, in the general construction services segment.
Sterlite Ports has 2 deals on record (2 secondary share transfers); the latest was in August 2021.
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