Walwhan Renewable Energy Limited

Walwhan Renewable Energy Limited - environment in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U40103MH2009PLC197021 Incorporated 11 November 2009 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Public Limited Company environment
Data last updated
Revenue · FY 2024
₹1,356.8 Cr
▼ 2.06% YoY
EBITDA · FY 2024
Locked
In full report
Net profit · FY 2024
Locked
In full report
Authorised capital
₹1,700 Cr
Registered with MCA
Paid-up capital
₹611.36 Cr
Issued & subscribed
Open charges
₹3,569 Cr
Satisfied ₹4,684.92 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
73
Latest available

About Walwhan Renewable Energy Limited

Data last updated: 24 September 2025

Walwhan Renewable Energy Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Tata Power Renewable Energy Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It specialised in wind energy solutions, a part of the broader environmental services sector. Incorporated on 11 November 2009.

Registered with ROC Mumbai under CIN U40103MH2009PLC197021.

Capital: an authorised share capital of ₹1,700 Cr and a paid-up capital of ₹611.36 Cr. Formerly known as Walwhan Renewable Energy Private Limited and Welspun Renewables Energy Limited. It was led by directors including Kasturi Soundararajan and Anjali Jayant Kulkarni.

Last AGM: 11 July 2024. Financial statements filed for year ended 31 March 2024. Office: Mumbai, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹1,356.8 Cr, a growth of 0% compared to the previous year.

The company had a reported workforce of approximately 73 employees prior to being dissolved. It operated as a subsidiary of Tata Power Renewable Energy Limited. Its group structure included 19 subsidiaries.

The company was associated with 3 brands - Welspun Renewables, Tata Power Renewable Energy, Tata Power. As per MCA filings, the company had open charges of ₹3,569 Cr and satisfied charges of ₹4,684.92 Cr on record.

The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity. The last known website on record is tatapower.com.

Company Details of Walwhan Renewable Energy Limited
CIN U40103MH2009PLC197021
Registration Number 197021
Incorporation Date 11 November 2009
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 11 July 2024
Date of Balance Sheet 31 March 2024
Parent Company Tata Power Renewable Energy Limited
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Apps
  • Registered Address
    C/O The Tata Power Company Limited Cor Center B 34 Sant Tukaram Road Carnac B, Under, Mumbai, Maharashtra, India – 400009
  • Industry
    Environment, Wind Energy Solutions, Solar Energy Solutions
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Financials, compliance, directors, charges, ownership and filings for Walwhan Renewable Energy Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Walwhan Renewable Energy Limited

Walwhan Renewable Energy Limited has undergone 3 name changes throughout its history. The company was previously known as Walwhan Renewable Energy Private Limited, Welspun Renewables Energy Limited, and Welspun Renewables Energy Private Limited. The current legal name is Walwhan Renewable Energy Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Walwhan Renewable Energy Limited Current
Walwhan Renewable Energy Private Limited Previous
Welspun Renewables Energy Limited Previous
Welspun Renewables Energy Private Limited Previous

CIN History of Walwhan Renewable Energy Limited

Walwhan Renewable Energy Limited has one previous CIN (Corporate Identification Number): U40103MH2009PTC197021. The current CIN is U40103MH2009PLC197021, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U40103MH2009PLC197021 Current
U40103MH2009PTC197021 Previous

Associated Brands with Walwhan Renewable Energy Limited

Walwhan Renewable Energy Limited operates multiple associated brands including Welspun Renewables, Tata Power Renewable Energy, and Tata Power. These brands represent Walwhan Renewable Energy Limited's diversified market presence and brand portfolio.

Brand Description Website
Solar and wind power generation company welspunrenewables.com
Power producer and plant developer in the solar and wind energy sector tatapowerrenewables.com
Electricity generation, transmission, and distribution services are provided. tatapower.com

Competitors & Alternatives of Walwhan Renewable Energy Limited

Brands and companies operating in the same space as Walwhan Renewable Energy Limited include Avaada Group, Hero Future Energies, Azure Power and 7 more.

Competitor Description Location Founded
Avaada Group Avaada Group Renewable energy projects in solar, wind, and storage are developed. Delhi, India, India 2009
Hero Future Energies Hero Future Energies Renewable energy projects are developed for utility-scale and commercial use. London, United Kingdom, United Kingdom 2012
Azure Power Azure Power Provider of independent power producer in the utility scale renewable energy Delhi, India, India 2008
ACME Group ACME Group Solar energy projects are developed for sustainable energy solutions. Gurugram, India, India 2003
Acciona Energy Acciona Energy Renewable energy is developed, constructed, and marketed globally. Madrid, Spain, Spain 1997
Adani Green Energy Adani Green Energy Renewable energy power is produced independently by Adani Green Energy. Ahmedabad, India, India 2012
SolarArise SolarArise Solar energy projects are developed and managed across India. Gurugram, India, India 2009
SunSure SunSure Renewable energy solutions including solar EPC and PPAs are provided. Delhi, India, India 2015
Greenko Group Greenko Group Energy transition and decarbonization solutions are provided by Greenko Group. Hyderabad, India, India 2006
KPI Green Energy KPI Green Energy Solar and hybrid power projects are developed and operated. Surat, India, India 2008

Business Activity of Walwhan Renewable Energy Limited

Walwhan Renewable Energy Limited is engaged in the principal business activity of electricity, gas, steam and air condition supply, with detailed activities including electric power generation, transmission and distribution.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
D Electricity, gas, steam and air condition supply D1 Electric power generation, transmission and distribution Locked
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Auditor Details of Walwhan Renewable Energy Limited

Walwhan Renewable Energy Limited is audited by S R B C & CO LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
S R B C & CO LLP Locked Locked Locked
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Complete auditor history for Walwhan Renewable Energy Limited

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Board of Directors and KMP of Walwhan Renewable Energy Limited

Walwhan Renewable Energy Limited currently reports 6 directors and 2 key managerial personnel. 26 former directors have served the organization.

Directors and KMP (as last reported)
Name Designation Appointment Date Tenure Status
Ashwinikumar Ganpatrao Patil Ceo 06 Jul 2023 3 Years 0 Months As last reported
Kasturi Soundararajan Director 15 Jun 2022 4 Years 1 Months As last reported
Anjali Jayant Kulkarni Director 14 Sep 2016 9 Years 10 Months As last reported
Sanjay Bhandarkar Director 03 Feb 2017 9 Years 5 Months As last reported
Seethapathy Chander Additional Director 12 Jul 2021 5 Years 0 Months As last reported
Behram Phiroze Mehta Cfo 01 Feb 2019 7 Years 5 Months As last reported
Showing 6 of 8 current directors and KMP. View all directors and KMP

Financials of Walwhan Renewable Energy Limited FY 2024 filings available

Walwhan Renewable Energy Limited reported revenue of ₹1,356.8 Cr for FY 2024.

Revenue · FY 2024
₹1,356.8 Cr
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Ten-year financial statements for Walwhan Renewable Energy Limited

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Ownership and Shareholding of Walwhan Renewable Energy Limited

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Group Structure of Walwhan Renewable Energy Limited

Walwhan Renewable Energy Limited has 19 subsidiary companies. This group structure data is as of FY 2023. The corporate group structure reflects Walwhan Renewable Energy Limited's business expansion strategy and organizational complexity.

19
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
Dreisatz Mysolar24 Private Limited U40102MH2009PTC326890 Locked
Walwhan Solar Energy Gj Limited U40104MH2008PLC184134 Locked
Walwhan Solar Raj Limited U40105MH2010PLC202097 Locked
Walwhan Energy Rj Limited U40105MH2010PLC206475 Locked
Mi Mysolar24 Private Limited U40106MH2009PTC326791 Locked
Walwhan Solar Mp Limited U40106MH2010PLC206275 Locked

Showing major subsidiaries. Total: 19.

Charges & Borrowings of Walwhan Renewable Energy Limited

Open charges
₹3,569 Cr
Satisfied charges
₹4,684.92 Cr
Breakdown by lending institutions
Others₹1,886.50 Cr
Idbi Trusteeship Services Limited₹1,252.80 Cr
Sbicap Trustee Company Limited₹1,214.62 Cr
Indusind Bank Ltd.₹200.00 Cr
Hdfc Bank Limited₹76.00 Cr
Others₹55.00 Cr
Latest charge details
DateLenderAmountStatus
09 Aug 2017 Hdfc Bank Limited ₹76 Cr Satisfied
21 Jul 2016 Idbi Trusteeship Services Limited ₹7.4 Cr Satisfied
24 May 2016 Others ₹10 Cr Satisfied
06 May 2016 Idbi Trusteeship Services Limited ₹1,000 Cr Satisfied
29 Apr 2016 Others ₹50 Cr Satisfied

Total charge records: 15 View all charges

Employees and EPFO Compliance at Walwhan Renewable Energy Limited

Walwhan Renewable Energy Limited has a workforce of 73 employees as of Apr 06, 2024.

Employee count
73
Active EPFO establishments
1
Employee growth
8.96%
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Employee and EPFO history for Walwhan Renewable Energy Limited

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GST Compliance of Walwhan Renewable Energy Limited

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GST registrations and filing compliance for Walwhan Renewable Energy Limited

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Credit Ratings, Litigation & Regulatory Alerts for Walwhan Renewable Energy Limited

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Credit ratings, litigation, and regulatory alerts for Walwhan Renewable Energy Limited

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MSME Payment Delays by Walwhan Renewable Energy Limited

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MSME payment history for Walwhan Renewable Energy Limited

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Subsidiaries & Group Companies of Walwhan Renewable Energy Limited

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Corporate group structure for Walwhan Renewable Energy Limited

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MCA Filings & Documents of Walwhan Renewable Energy Limited

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MCA filings and documents for Walwhan Renewable Energy Limited

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Recent Activity on Walwhan Renewable Energy Limited

Activity
11 Jul 2024
Walwhan Renewable Energy Limited last Annual general meeting of members was held on 11 Jul 2024 as per latest MCA records.
Charges
18 May 2024
A charge registered on 09 Aug 2017 via Charge ID 100127433 with Hdfc Bank Limited was fully satisfied on 18 May 2024.
Activity
31 Mar 2024
Walwhan Renewable Energy Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Directors
22 Nov 2023
Deepesh Kiran Nanda was appointed as a Director on 22 Nov 2023 & has been associated with this company since 2 years 7 months.
Directors
06 Jul 2023
Ashwinikumar Ganpatrao Patil was appointed as a CEO on 06 Jul 2023 & has been associated with this company since 3 years 16 days.
Directors
18 Apr 2023
Edward Winter was appointed as a Director on 18 Apr 2023 & has been associated with this company since 3 years 3 months.

Frequently Asked Questions about Walwhan Renewable Energy Limited

Walwhan Renewable Energy Limited 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.

Walwhan Renewable Energy Limited is a amalgamated public limited company in the environment sector based in Mumbai, Maharashtra, India. It was incorporated on 11 November 2009 and is registered under CIN U40103MH2009PLC197021. The company was amalgamated as per MCA records and no longer exists as a legal entity.

Walwhan Renewable Energy Limited was incorporated on 11 November 2009. Registered with ROC Mumbai.

The current directors and KMP of Walwhan Renewable Energy Limited are:

The CIN (Corporate Identification Number) of Walwhan Renewable Energy Limited is U40103MH2009PLC197021. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The primary industry of Walwhan Renewable Energy Limited is environment. The company specifically operates in wind energy solutions.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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