Altec Corporation Profile
Key Indicators
- Authorised Capital ₹ 36.50 Cr
- Paid Up Capital ₹ 35.87 Cr
- Company Age 38 Year, 17 Days
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 25.02 Cr
About Altec Corporation
Altec Corporation Limited (ACL) is a Public Limited Indian Non-Government Company incorporated in India on 21 January 1987 and has a history of 38 years. Its registered office is in Hyderabad, Telangana, India.
The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 36.50 Cr and a paid-up capital of Rs 35.87 Cr.
The company has closed loans amounting to ₹25.02 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Altec Corporation Limited India is Sravan Kottala as CFO. Nazar Algharibeh, Sravan Kottala, and Raghu Mamidi serve as directors at the Company.
Company Details
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Location
Hyderabad, Telangana, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U27203TG1987PLC007108
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Company No.
007108
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
21 Jan 1987
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Hyderabad
Industry
Who are the key members and board of directors at Altec Corporation?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sravan Kottala
|
CFO | 21-Jul-2022 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nazar Algharibeh
|
Director | 27-Oct-2008 | Current |
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Sravan Kottala
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Director and Cfo | 21-Jul-2022 | Current |
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Raghu Mamidi
|
Director | 16-Aug-2022 | Current |
Financial Performance of Altec Corporation.
Altec Corporation Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Altec Corporation?
In 2017, Altec Corporation had a promoter holding of 90.03% and a public holding of 9.97%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹0
₹25.02 Cr
Charges Breakdown by Lending Institutions
- Andhra Pradesh Industrial Development Corpn. Ltd : 7.80 Cr
- State Bank Of India; Industrial Finance Branch; : 5.49 Cr
- Trustees Of The Stressed Assets Stabilisation Fund : 3.85 Cr
- Industrial Development Bank Of India; "Idbi Tower" : 3.85 Cr
- Andhra Pradesh Industrial Development Corporation Ltd. : 1.31 Cr
- Others : 2.72 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Mar 2005 | Andhra Pradesh Industrial Development Corpn. Ltd | ₹7.80 Cr | Satisfied |
| 21 Mar 2000 | Andhra Pradesh Industrial Development Corporation Ltd. | ₹5.00 M | Satisfied |
| 24 Sep 1999 | Industrial Development Bank Of India; "Idbi Tower" | ₹3.85 Cr | Satisfied |
| 24 Sep 1998 | Trustees Of The Stressed Assets Stabilisation Fund | ₹3.85 Cr | Satisfied |
| 22 Jun 1998 | State Bank Of India Central Office At Narinam Point; Bombay; | ₹4.33 M | Satisfied |
How Many Employees Work at Altec Corporation?
Unlock and access historical data on people associated with Altec Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Altec Corporation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Altec Corporation's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
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