About Varun Corporation Limited
Data last updated: 26 July 2025
Varun Corporation Limited is a public limited company based in Mumbai, Maharashtra, 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 specialises in investment banking and advisory, a part of the broader financial services sector. Incorporated on 04 February 1952, the company has been in operation for over 74 years.
Registered with ROC Mumbai under CIN U51100MH1952PLC008745.
Capital: an authorised share capital of ₹35 Cr and a paid-up capital of ₹32.46 Cr. Formerly known as Khatau International Limited and Tex-Ray Traders Limited. It is led by directors including Glen Damaciano Simoens and Neerja Yudhishthir Khatau.
Last AGM: 29 September 2017. Financial statements filed for year ended 31 March 2017. Office: 6 Shoorji Vallabhadas Margballard Estate, Mumbai, Maharashtra, India – 400038.
As per the financials filed for FY 2017, the company reported a revenue of ₹5.91 Lakh, a decline of 37% compared to the previous year.
Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹2,757.29 Cr on record.
The company is currently under liquidation - its assets are being sold to settle outstanding debts. It may lack the legal capacity to fulfil new agreements, and creditors are prioritised in the distribution of proceeds. The last known website on record is varunship.com.
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Registered Address6 Shoorji Vallabhadas Margballard Estate, Mumbai, Maharashtra, India – 400038
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IndustryFinancial Services, Investment Banking & Advisory
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Name History of Varun Corporation Limited
Varun Corporation Limited has undergone 4 name changes throughout its history. The current legal name is Varun Corporation Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Varun Corporation Limited | Current |
| Khatau International Limited | Previous |
| Tex-Ray Traders Limited | Previous |
| Khatau International Private Limited | Previous |
| Tex-Ray Traders Private Limited | Previous |
CIN History of Varun Corporation Limited
Varun Corporation Limited has one previous CIN (Corporate Identification Number): U51100MH1952PTC008745. The current CIN is U51100MH1952PLC008745, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51100MH1952PLC008745 | Current |
| U51100MH1952PTC008745 | Previous |
Business Activity of Varun Corporation Limited
Varun Corporation Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | Locked |
Business activity turnover details for Varun Corporation Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Auditor Details of Varun Corporation Limited
Varun Corporation Limited is audited by F N Siamwalla & Co for the financial year 2017. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| F N Siamwalla & Co | Locked | Locked | Locked |
Complete auditor history for Varun Corporation Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
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Board of Directors of Varun Corporation Limited
Varun Corporation Limited is currently managed by 3 directors, with 8 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Glen Damaciano Simoens
Also directs:
Varun Lpg Carriers Private Limited, Varun Maritime Limited, Varun Global Limited and 3 more
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Additional Director | 10 Jun 2014 | 12 Years 1 Months | As last reported |
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Neerja Yudhishthir Khatau
Also directs:
Varun Maritime Limited, Yuka Plantations P Ltd
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Director Appointed In Casual Vacancy | 02 Jan 2009 | 17 Years 6 Months | As last reported |
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Yudhisthir Dilip Khatau
Also directs:
Varun Lpg Carriers Private Limited, Varun Maritime Limited, Varun Global Limited and 4 more
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Director Appointed In Casual Vacancy | 06 Feb 2008 | 18 Years 5 Months | As last reported |
Financials of Varun Corporation Limited FY 2017 filings available
Varun Corporation Limited reported revenue of ₹5.91 Lakh (down 37.00% YoY) for FY 2017.
Ten-year financial statements for Varun Corporation Limited
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Ownership and Shareholding of Varun Corporation Limited
Shareholding and ownership data for Varun Corporation Limited
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Group Structure of Varun Corporation Limited
Varun Corporation Limited has 2 subsidiary companies and 1 associated company. This group structure data is as of FY 2017. The corporate group structure reflects Varun Corporation Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Varun Resources Limited | U61200MH2010PLC208659 | Locked |
| Varun Global Limited | U61200MH2010PLC209141 | Locked |
Showing major subsidiaries. Total: 2.
Charges & Borrowings of Varun Corporation Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jun 2017 | Others | ₹116.81 Cr | Open |
| 26 Oct 2016 | Others | ₹391.88 Cr | Open |
| 02 Aug 2016 | Sbicap Trustee Company Limited | ₹2,236.6 Cr | Open |
| 21 Oct 2005 | Chelamadalam Investment Finance Co Ltd | ₹10 Cr | Open |
| 08 Oct 2004 | Infra. Leasing and Financial Services Ltd | ₹2 Cr | Open |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Varun Corporation Limited
View historical data on people associated with Varun Corporation Limited, including employment history and EPFO contributions.
Employee and EPFO history for Varun Corporation Limited
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GST Compliance of Varun Corporation Limited
GST registrations and filing compliance for Varun Corporation Limited
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- GSTIN registrations
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Credit Ratings, Litigation & Regulatory Alerts for Varun Corporation Limited
Credit ratings, litigation, and regulatory alerts for Varun Corporation Limited
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- Court and tribunal cases
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MSME Payment Delays by Varun Corporation Limited
MSME payment history for Varun Corporation Limited
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Subsidiaries & Group Companies of Varun Corporation Limited
Corporate group structure for Varun Corporation Limited
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- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Varun Corporation Limited
MCA filings and documents for Varun Corporation Limited
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- Annual returns and statements
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Recent Activity on Varun Corporation Limited
Frequently Asked Questions about Varun Corporation Limited
Varun Corporation Limited 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.
Varun Corporation Limited is a company under liquidation, formerly operating as a public limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 04 February 1952 and is registered under CIN U51100MH1952PLC008745. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Varun Corporation Limited reported revenue of ₹5.91 Lakh for FY 2017 (down 37.00% YoY).
The current directors of Varun Corporation Limited are:
- Glen Damaciano Simoens - Additional Director
- Neerja Yudhishthir Khatau - Director Appointed In Casual Vacancy
- Yudhisthir Dilip Khatau - Director Appointed In Casual Vacancy
The CIN (Corporate Identification Number) of Varun Corporation Limited is U51100MH1952PLC008745. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varun Corporation Limited has open charges of ₹2,757.29 Cr and no satisfied charges on record as per latest MCA filings.