About Visvesvaraya Jala Nigam Limited
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Visvesvaraya Jala Nigam Limited is a public limited state government company based in Bengaluru, Karnataka, India. It operates in the water treatment segment of the environmental services sector. It was incorporated on 20 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U41000KA2016SGC097260. Its GSTIN is 29AAFCV6840F1Z2 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹46,000 Cr and a paid-up capital of ₹28,329 Cr. It is led by directors including Sannachittaiah (Managing Director) and Thimmaiah Gangadharaiah.
Its last annual general meeting (AGM) was held on 30 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ground Floor Embassy Square #148 Infantry Road, Bengaluru, Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹76.64 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net loss of ₹396 Cr and EBITDA of -₹187.49 Cr (EBITDA margin -244.6%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years and 14% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3,054 Cr and satisfied charges of ₹500 Cr on record. Court records list 37 cases involving the company, including 3 filed by the company and 34 filed against it; 22 cases are pending. The company has 6 deals on record (6 funding rounds), with disclosed funding of ₹25,695 Cr; the latest was in January 2025.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vjnl.karnataka.gov.in.
Company details
Contact details
Visvesvaraya Jala Nigam Limited's registered office is in Bengaluru, Karnataka. Its website is vjnl.karnataka.gov.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGround Floor Embassy Square #148 Infantry Road, Bengaluru, Karnataka, India – 560001
- IndustryEnvironment, Water Treatment
To see the full contact details of Visvesvaraya Jala Nigam 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
Business activity
The main business activity of Visvesvaraya Jala Nigam is water supply; sewerage, waste management and remediation activities. In detail, this covers water collection, treatment and supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| E | Water supply; sewerage, waste management and remediation activities | 36 | Water collection, treatment and supply |
To see the full business activity and turnover split of Visvesvaraya Jala Nigam Limited, buy the company report.
Financials of Visvesvaraya Jala Nigam Limited
FY 2025 filings availableVisvesvaraya Jala Nigam Limited reported revenue of ₹76.64 Cr (down 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 31% fall in the latest year. EBITDA fell 658% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹187.49 Cr | ||||
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| Net Profit (PAT) | -₹396 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -244.6% | ||||
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To see the full financial statements and ratios of Visvesvaraya Jala Nigam Limited, buy the company report.
Board of directors of Visvesvaraya Jala Nigam Limited
Visvesvaraya Jala Nigam has 10 current directors and 32 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thimmaiah Gangadharaiah | Director | 25 Sep 2023 | 3 Years 1 Months | Current |
| Shalini Rajneesh Also directs: Cauvery Neeravari Nigama Limited, Karnataka Neeravari Nigam Limited, Krishna Bhagya Jala Nigam Limited and 4 more | Nominee Director | 06 Aug 2018 | 8 Years 3 Months | Current |
| Sannachittaiah Also directs: Karnataka Neeravari Soura Yojane Limited | Managing Director | 17 Jul 2023 | 3 Years 3 Months | Current |
| Siddaramaiah Also directs: Cauvery Neeravari Nigama Limited, Karnataka Neeravari Nigam Limited, Krishna Bhagya Jala Nigam Limited and 1 more | Nominee Director | 12 Jun 2023 | 3 Years 4 Months | Current |
| Ritesh Kumar Singh Also directs: Cauvery Neeravari Nigama Limited, Karnataka Neeravari Nigam Limited, Krishna Bhagya Jala Nigam Limited and 5 more | Nominee Director | 31 Jan 2025 | 1 Years 9 Months | Current |
| Siddagangappa Bylappa Shamabhattarapalya | Director | 25 Sep 2023 | 3 Years 1 Months | Current |
Auditor
Visvesvaraya Jala Nigam Limited is audited by VIJAY PANCHAPPA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIJAY PANCHAPPA & CO | FY 2023 | 004693S |
Shareholding
The shareholding of Visvesvaraya Jala Nigam Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Visvesvaraya Jala Nigam Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jul 2023 | 100738061 | Others | ₹250 Cr | Open | |
| 06 Jul 2023 | 100738063 | Others | ₹650 Cr | Open | |
| 27 Jul 2022 | 100624350 | Others | ₹55 Cr | Open | |
| 26 Jul 2022 | 100602203 | Others | ₹195 Cr | Open | |
| 02 Mar 2020 | 100334235 | Others | ₹184 Cr | Open |
To see the full charge records of Visvesvaraya Jala Nigam Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Visvesvaraya Jala Nigam Limited has 6 deals on record (6 funding rounds), with disclosed funding of ₹25,695 Cr; the latest was in January 2025.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2025 | Funding round | ₹4,205.59 Cr | Investors: an individual |
| Jan 2022 | Funding round | ₹9,586.86 Cr | Investors: an individual |
| Oct 2020 | Funding round | ₹7,867.11 Cr | Investors: an individual |
| Jun 2019 | Funding round | ₹1,667.62 Cr | Investors: an individual |
| Aug 2018 | Funding round | ₹1,111.51 Cr | Investors: an individual |
To see the full deal history of Visvesvaraya Jala Nigam Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Visvesvaraya Jala Nigam Limited has 37 court cases on record: 3 filed by Visvesvaraya Jala Nigam, 34 filed against it. 22 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 18 | 16 |
| High courts | 18 | 16 | 5 |
| NCLT | 1 | 0 | 1 |
Cases on record (5 of 37)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, NCLT Bengaluru | Company petition | Filed by the company against M/S G.S. Homes & Hotels Pvt Ltd | Pending |
| District court, HASSAN, Karnataka | Civil suit | Filed against the company by M/S Mysore Mercantile Company Limited | Pending |
| High Court of Karnataka | Court case (MFA) | Filed by the company against M/S G.S. Homes and Hotels Pvt Ltd., and 1 other | Disposed |
| High Court | Appeal | Filed against the company by Mysore Mercantile Company Limited | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by Mysore Mercantile Company Limited | Disposed |
To see the full case history of Visvesvaraya Jala Nigam 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.
Credit ratings & regulatory alerts
Visvesvaraya Jala Nigam Limited was last rated by Indiarating on 03 Mar 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 03 Mar 2023 |
To see the full credit ratings and regulatory alerts of Visvesvaraya Jala Nigam Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Visvesvaraya Jala Nigam Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Visvesvaraya Jala Nigam has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCV6840F1Z2 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Visvesvaraya Jala Nigam Limited, buy the company report.
Recent activity
Visvesvaraya Jala Nigam Limited has 41 board changes on record since 2016: 11 appointments and 30 cessations. The latest: Aijaz Hussain was appointed as Nominee Director on 19 Sep 2025.
45 earlier events are in the company report.
Frequently asked questions
Visvesvaraya Jala Nigam is an active public limited state government company based in Bengaluru, Karnataka, India. The company works in water treatment, within the environment industry. It was incorporated on 20 October 2016 (10+ years old) and is registered under CIN U41000KA2016SGC097260.
Visvesvaraya Jala Nigam has 10 current directors:
- Sannachittaiah - Managing Director
- Thimmaiah Gangadharaiah - Director
- Shalini Rajneesh - Nominee Director
- Siddaramaiah - Nominee Director
- Ritesh Kumar Singh - Nominee Director
- Siddagangappa Bylappa Shamabhattarapalya - Director
- Doddahalahalli Kempegowda Shivakumar - Nominee Director
- Ramaswamy Cheluvaraju - Director
- Anjum Parwez - Nominee Director
- Aijaz Hussain - Nominee Director
The latest financial statements of Visvesvaraya Jala Nigam on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 December 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Visvesvaraya Jala Nigam is 29AAFCV6840F1Z2, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Visvesvaraya Jala Nigam is U41000KA2016SGC097260. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Visvesvaraya Jala Nigam has 37 court cases on record: 3 filed by the company and 34 filed against it. 22 are pending. Most are in the district courts.
Visvesvaraya Jala Nigam was incorporated on 20 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Visvesvaraya Jala Nigam has 6 deals on record (6 funding rounds), with disclosed funding of ₹25,695 Cr; the latest was in January 2025.
Aijaz Hussain was appointed as Nominee Director on 19 Sep 2025. Anjum Parwez was appointed as Nominee Director on 04 Jun 2025. Ritesh Kumar Singh was appointed as Nominee Director on 31 Jan 2025. Visvesvaraya Jala Nigam has 41 board changes on record in total.
Visvesvaraya Jala Nigam can be reached through the website vjnl.karnataka.gov.in. Its registered office is in Bengaluru, Karnataka, India.
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