Karnataka Mining Environment Restoration Corporation

Restores environment in mining-impacted zones through comprehensive plans and SPV implementation.

2014 | Bangaluru, Karnataka (India) | Active
Last Updated: October 22, 2024

Karnataka Mining Environment Restoration Corporation Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 10 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth %
  • Profit Growth -165.07%
  • Ebitda -100.54%
  • Net Worth 100.23%
  • Total Assets 884259.50%

About Karnataka Mining Environment Restoration Corporation

Karnataka Mining Environment Restoration Corporation (KMERC) is a Private Not For Profit Company incorporated in India on 30 June 2014 and has a history of Ten years and seven months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Travel And Hospitality 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Selvakumar Seerangarayan, Narayan Prasad, Vipul Bansal, and Ten other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U85100KA2014NPL075114

  • Company No.

    075114

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    30 Jun 2014

  • Date of AGM

    18 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Travel and Hospitality

Who are the key members and board of directors at Karnataka Mining Environment Restoration Corporation?

Executive Team (1)

NameDesignationAppointment DateStatus
Sanjay Bijjur Country flag representing In Managing Director30-Aug-2024Current

Board Members (12)

NameDesignationAppointment DateStatus
Selvakumar Seerangarayan Country flag representing In Nominee Director 08-Sep-2022Current
Narayan Prasad Country flag representing In Nominee Director 27-Jul-2024Current
Vipul Bansal Country flag representing In Nominee Director 27-Jul-2024Current
Pramod Tyagi Country flag representing In Additional Director 03-Mar-2021Current
Anjum Parwez Country flag representing In Nominee Director Current
Thichempully Kumar Country flag representing In Nominee Director 04-Oct-2021Current

Financial Performance of Karnataka Mining Environment Restoration Corporation.

Karnataka Mining Environment Restoration Corporation, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 165.07% decrease in profit. The company's net worth Soared by an impressive increase of 100.23%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
Revenue from Operations
Total Assets
884259.50%
Profit or Loss
-165.07%
Net Worth
100.23%
EBITDA
-100.54%

What is the Ownership and Shareholding Structure of Karnataka Mining Environment Restoration Corporation?

In 2023, Karnataka Mining Environment Restoration 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.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Karnataka Mining Environment Restoration Corporation?

Unlock and access historical data on people associated with Karnataka Mining Environment Restoration Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Karnataka Mining Environment Restoration 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 Karnataka Mining Environment Restoration Corporation's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Karnataka Mining Environment Restoration Corporation

Recent activity within the organization

  • Director Appointment

    Uma Mahadevan was appointed as a Nominee Director was appointed as a Nominee Director on 30 Aug 2024 & has been associated with this company since 5 months 26 days .

    30 Aug 2024

  • Director Appointment

    Sanjay Bijjur was appointed as a Managing Director was appointed as a Managing Director on 30 Aug 2024 & has been associated with this company since 5 months 26 days .

    30 Aug 2024

  • Director Appointment

    Narayan Manjunatha Prasad was appointed as a Nominee Director was appointed as a Nominee Director on 27 Jul 2024 & has been associated with this company since 6 months 30 days .

    27 Jul 2024

  • Director Appointment

    Vipul Bansal was appointed as a Nominee Director was appointed as a Nominee Director on 27 Jul 2024 & has been associated with this company since 6 months 30 days .

    27 Jul 2024

  • Director Appointment

    Manjula Narayanappanaik was appointed as a Nominee Director was appointed as a Nominee Director on 12 Feb 2024 & has been associated with this company since 1 year 12 days .

    12 Feb 2024

  • Annual General Meeting

    Karnataka Mining Environment Restoration Corporation last Annual general meeting of members was held on 18 Dec 2023 as per latest MCA records.

    18 Dec 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Karnataka Mining Environment Restoration Corporation was incorporated on 30 Jun 2014.

  • The authorized share capital of Karnataka Mining Environment Restoration Corporation is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 13 directors are associated with Karnataka Mining Environment Restoration Corporation.

    • Selvakumar Seerangarayan
    • Narayan Manjunatha Prasad
    • Vipul Bansal
    • Pramod Kumar Tyagi
    • Anjum Parwez
    • Thichempully Krishnadas Anil Kumar
    • Uma Mahadevan
    • Manjula Narayanappanaik
    • Rgirish
    • Prashant Kumar Mishra
    • Brijesh Kumar Dikshit
    • Parakkunnum Chalil Jaffer
    • Sanjay Bijjur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Karnataka Mining Environment Restoration Corporation is 3Rd Floor Southern Wing, Khanija Bhavan Race Course Road India, Bangalore, Karnataka, 560001.

  • The corporate identification number (CIN) of Karnataka Mining Environment Restoration Corporation is U85100KA2014NPL075114 and the company number is 075114 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Karnataka Mining Environment Restoration Corporation is https://www.miningenvironment.karnataka.gov.in

  • The financial reports for the fiscal year 2023 indicates that The net worth of Karnataka Mining Environment Restoration Corporation has experienced an upsurge of 100.23%.

  • The most recent Balance Sheet for Karnataka Mining Environment Restoration Corporation was filed with the ROC on 31 Mar 2023.

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