Visharda Oils Limited
About Visharda Oils Limited
Data last updated:
Visharda Oils Limited is a public limited company based in Chennai, Tamil Nadu, 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 operates in the manufacturing segment of the food and beverages sector. It was incorporated on 22 June 1982.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U15142TN1982PLC009449.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹95 Lakh. It is led by directors including Vijay Kumar Lohia and Parashar Lohia.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Ah – 151 III Street Shanthi Colony Anna Nagar, Chennai, Tamil Nadu, India – 600040.
As per MCA filings, the company has open charges of ₹76.05 Lakh on record.
Company details
Contact details
Visharda Oils Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressAh – 151 III Street Shanthi Colony Anna Nagar, Chennai, Tamil Nadu, India – 600040
- IndustryFood And Beverages, Manufacturing, Vegetable And Animal Oils And Fats, Fruit Vegetables, Processing And Preservation Of Meat, Fish
To see the full contact details of Visharda Oils 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 Visharda Oils Limited
FY 2018 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Visharda Oils Limited, buy the company report.
Board of directors of Visharda Oils Limited
Visharda Oils has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Kumar Lohia | Director | 05 Sep 2001 | 25 Years 2 Months | As last reported |
| Parashar Lohia Also directs: Aranya Fintech Private Limited, Ashray Logistics India Private Limited, Visharda Motor Transports Private Limited and 1 more | Director | 05 Sep 2001 | 25 Years 2 Months | As last reported |
| Nemem Somasundaram Krishna Kumar Also directs: Wood Rich India Private Limited | Director | 22 Jun 1982 | 44 Years 4 Months | As last reported |
Auditor
Visharda Oils Limited is audited by K.SRIHARINAIDU& CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.SRIHARINAIDU& CO. | FY 2017 | 006319S |
Shareholding
The shareholding of Visharda Oils Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
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| Foreign institutional investors (FII) | |||
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| Others |
To see the full shareholding pattern of Visharda Oils Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Sep 1988 | 90299809 | Stae Industrial Promotion Corp. of Tamilnadu Ltd. | ₹10 Lakh | Open | |
| 20 Oct 1987 | 90299711 | Punjab National Bank | ₹1.8 Lakh | Open | |
| 14 May 1987 | 90299671 | Stae Industries Promotion Corp. of India Ltd. | ₹4.75 Lakh | Open | |
| 04 May 1987 | 90299670 | Punjab National Bank | ₹15.5 Lakh | Open | |
| 03 Feb 1984 | 90299451 | Stae Industrial Promotion Corp. of Tamilnadu Ltd. | ₹43 Lakh | Open |
To see the full charge records of Visharda Oils Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Visharda Oils Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Visharda Oils 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 Visharda Oils Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Visharda Oils Limited has 5 board changes on record since 1982: 3 appointments and 2 cessations. The latest: Parashar Lohia ceased to be Director on 27 Aug 2019.
3 earlier events are in the company report.
Frequently asked questions
Visharda Oils 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.
Visharda Oils is a company under liquidation, formerly operating as a public limited company based in Chennai, Tamil Nadu, India. The company works in manufacturing, within the food and beverages industry. It was incorporated on 22 June 1982 and is registered under CIN U15142TN1982PLC009449. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Visharda Oils has 3 current directors:
- Vijay Kumar Lohia - Director
- Parashar Lohia - Director
- Nemem Somasundaram Krishna Kumar - Director
The latest financial statements of Visharda Oils on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Visharda Oils is U15142TN1982PLC009449. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Visharda Oils has open charges of ₹76.05 Lakh and no satisfied charges on record as per latest MCA filings.
Visharda Oils was incorporated on 22 June 1982. It is registered with the Registrar of Companies, Chennai.
Parashar Lohia ceased to be Director on 27 Aug 2019. Vijay Kumar Lohia ceased to be Director on 27 Aug 2019. Parashar Lohia was appointed as Director on 05 Sep 2001. Visharda Oils has 5 board changes on record in total.
The registered office of Visharda Oils is at Ah – 151 III Street Shanthi Colony Anna Nagar, Chennai, Tamil Nadu, India – 600040.
Visharda Oils operates in the food and beverages industry, in the manufacturing segment.
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