Assam Electricity Grid Corporation Profile
Key Indicators
- Authorised Capital ₹ 3,000.00 Cr
- Paid Up Capital ₹ 2,839.30 Cr
- Company Age 21 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 36.65 Cr
- Revenue Growth 20.34%
- Profit Growth -21.97%
- Ebitda -245.75%
- Net Worth 37.30%
- Total Assets 6.70%
About Assam Electricity Grid Corporation
Assam Electricity Grid Corporation Limited (AEGCL) is a leading Public Limited State Government Company incorporated in India on 23 October 2003 and has a history of 21 years and seven months. Its registered office is in Guwahati, Assam, India.
The Company is engaged in the Energy And Power Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 3,000.00 Cr and a paid-up capital of Rs 2,839.30 Cr.
The company has closed loans amounting to ₹36.65 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Assam Electricity Grid Corporation Limited India are Paresh Barman as CFO and Dipankar Barua as Company Secretary. Kanta Lahkar, Debajyoti Das, Rakesh Kumar, and Six other members serve as directors at the Company.
Company Details
- Location
Guwahati, Assam, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U40101AS2003SGC007238
- Company No.
007238
- Company Classification
Public Limited State Government Company
- Incorporation Date
23 Oct 2003
- Date of AGM
21 Dec 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Shillong
Industry
Energy and Power
Assam Electricity Grid Corporation Limited
Explore comprehensive data for Assam Electricity Grid Corporation Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Assam Electricity Grid Corporation?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Debajyoti Das  | Managing Director | 08-Feb-2022 | Current |
| Paresh Barman | CFO | 06-Feb-2019 | Current |
| Dipankar Barua | Company Secretary | 01-Mar-2006 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kanta Lahkar | Nominee Director | 09-Sep-2022 | Current |
| Rakesh Kumar | Nominee Director | 26-Jul-2021 | Current |
| Adyut Phukan | Director | 26-Dec-2018 | Current |
| Tarun Baruah | Director | 07-Apr-2022 | Current |
| Bhaskar Manta | Nominee Director | 09-Sep-2022 | Current |
| Naba Baishya | Director | 07-Apr-2022 | Current |
Financial Performance of Assam Electricity Grid Corporation.
Assam Electricity Grid Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.34% increase. The company also saw a substantial fall in profitability, with a 21.97% decrease in profit. The company's net worth Soared by an impressive increase of 37.3%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Assam Electricity Grid Corporation?
In 2023, Assam Electricity Grid Corporation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Rakesh Kumar is a mutual person
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Rakesh Kumar is a mutual person
- New And Green Energy Of Assam Limited
Rakesh Kumar is a mutual person
- Assam Police Housing Corporation Ltd
Bhaskar Manta is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹36.65 Cr
Charges Breakdown by Lending Institutions
- Power Finance Corporation Limited : 20.30 Cr
- State Bank Of India : 16.35 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Feb 2010 | State Bank Of India | ₹16.35 Cr | Satisfied |
| 03 Aug 2006 | Power Finance Corporation Limited | ₹20.30 Cr | Satisfied |
How Many Employees Work at Assam Electricity Grid Corporation?
Unlock and access historical data on people associated with Assam Electricity Grid 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 Assam Electricity Grid 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 Assam Electricity Grid 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
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Assam Electricity Grid Corporation
Recent activity within the organization
- Director Appointment
Krishna Kumar Dwivedi was appointed as a Nominee Director was appointed as a Nominee Director on 19 Apr 2024 & has been associated with this company since 1 year 1 month .
- Director Appointment
Gautam Talukder was appointed as a Nominee Director was appointed as a Nominee Director on 30 Dec 2023 & has been associated with this company since 1 year 4 months .
- Annual General Meeting
Assam Electricity Grid Corporation Limited last Annual general meeting of members was held on 21 Dec 2023 as per latest MCA records.
- Balance Sheet
Assam Electricity Grid Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Shillong.
- Director Appointment
Kanta Lahkar was appointed as a Nominee Director was appointed as a Nominee Director on 09 Sep 2022 & has been associated with this company since 2 years 8 months .
- Director Appointment
Debajyoti Das was appointed as a Managing Director was appointed as a Managing Director on 08 Feb 2022 & has been associated with this company since 3 years 3 months .
Recent News, Updates & Announcement
"NRL and AEGCL Partner to Boost Power Supply for Refinery Expansion Project".NRL and AEGCL signed an MOU for importing 120 MW power from AEGCL's grid. This will help NRL with uninterrupted power supply for their refinery operations and meet the power requirement for their expansion project. It's a more cost-effective and environmentally friendly option compared to setting up captive power plants. #PowerUpNRL #GridPowerForTheWin.
Frequently asked questions
What is the Incorporation or founding date of Assam Electricity Grid Corporation Limited?
Assam Electricity Grid Corporation Limited was incorporated on 23 Oct 2003.
What is authorized share capital and paid-up capital of Assam Electricity Grid Corporation Limited?
The authorized share capital of Assam Electricity Grid Corporation Limited is ₹ 3,000.00 Cr and paid-up capital is ₹ 2,839.30 Cr.
Who are the current board members & directors of Assam Electricity Grid Corporation Limited?
Currently 11 directors are associated with Assam Electricity Grid Corporation Limited.
- Kanta Lahkar
- Debajyoti Das
- Rakesh Kumar
- Adyut Phukan
- Tarun Baruah
- Paresh Kumar Barman
- Dipankar Barua
- Bhaskar Jyoti Manta
- Naba Kumar Baishya
- Krishna Kumar Dwivedi
- Gautam Talukder
What is the registered address of Assam Electricity Grid Corporation Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Assam Electricity Grid Corporation Limited is Bijulee Bhawan Paltan Bazar, Guwahati, Assam, India, 781001.
What is the corporate identification number (CIN) and company number of Assam Electricity Grid Corporation Limited?
The corporate identification number (CIN) of Assam Electricity Grid Corporation Limited is U40101AS2003SGC007238 and the company number is 007238 as per Ministry of Corporate Affairs (MCA).
What is the official website of Assam Electricity Grid Corporation Limited?
The Official website of Assam Electricity Grid Corporation Limited is https://www.aegcl.co.in
What has been the recent revenue trend for Assam Electricity Grid Corporation Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Assam Electricity Grid Corporation Limited has risen by 20.34%.
What change has been observed in the net worth of Assam Electricity Grid Corporation Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Assam Electricity Grid Corporation Limited has experienced an upsurge of 37.30%.
When was the last Balance Sheet of Assam Electricity Grid Corporation Limited filed with the ROC?
The most recent Balance Sheet for Assam Electricity Grid Corporation Limited was filed with the ROC on 31 Mar 2023.
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