Karnataka Rural Infrastructure Development Limited logo

Karnataka Rural Infrastructure Development Limited

Government-owned company involved in rural infrastructure development, construction, and consultancy services.

1974 Bangalore, Karnataka (India) Active

About

Basic Data Updated:

11 days ago

Karnataka Rural Infrastructure Development Limited, formerly known as Karnataka Land Army Corporation Limited, is a Government of India undertaking that specializes in civil engineering construction and asset creation in the state. Our company is dedicated to building infrastructure for rural development programs, including bridges, schools, hospitals, hostels, houses, consumer forums, youth services, and more. We also provide consultancy services for various developmental projects. Our portfolio includes successful completion of projects such as Samarthya Soudha in Belgaum, Pre Metric Girls Hostel for Minorities in Belgaum, New Zilla Panchayat Building in Belgaum, Drinking Water Supply Project in Hudem Village, Gramapanchayat Building in Halya Village, and District Indore Stadium in Dharwad. Our commitment to rural development and our expertise in various areas such as water resource development, dairy, fisheries, and minor irrigation make us a trusted partner in the progress of the state.

Industry

Company Details

  • Location

    Bangalore, Karnataka, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU75112KA1974SGC002613
Company No.002613
Company ClassificationPrivate Limited State Government Company
Incorporation Date08 Aug 1974
Date of AGM23 Feb 2024
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Bangalore

Financials of Karnataka Rural Infrastructure Development Limited

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Karnataka Rural Infrastructure Development Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 27.15% decrease. The company also saw a substantial fall in profitability, with a 56.91% decrease in profit. The company's net worth moved up by a moderate rise of 2.38%.

Corporate Structure

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People in Karnataka Rural Infrastructure Development Limited

Executive Team (2)

  • MH

    Mahantesh Hiremath In Managing Director

    Appointment Date: 05-May-2022

    Status: Current

  • B

    Basavaraju In Managing Director

    Appointment Date: 16-Jun-2023

    Status: Current

Board Members(3)

Charges (Loans)

Charges

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

Deals i

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Rating

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Alert

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Recent activity within the organization

  • Activity

    Annual General Meeting

    Karnataka Rural Infrastructure Development Limited last Annual general meeting of members was held on 23 Feb 2024 as per latest MCA records.

    23 Feb 2024
  • Activity

    Director Appointment

    Basavaraju was appointed as a Managing Director was appointed as a Managing Director on 16 Jun 2023 & has been associated with this company since 11 months 3 days .

    16 Jun 2023
  • Activity

    Balance Sheet

    Karnataka Rural Infrastructure Development Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023
  • Activity

    Director Appointment

    Mahantesh Gurulingayya Hiremath was appointed as a Managing Director was appointed as a Managing Director on 05 May 2022 & has been associated with this company since 2 years 14 days .

    05 May 2022
  • Activity

    Director Appointment

    Luthfulla Khan Atheeq was appointed as a Nominee Director was appointed as a Nominee Director on 24 Aug 2018 & has been associated with this company since 5 years 8 months .

    24 Aug 2018

Frequently asked questions

What is the Incorporation or founding date of Karnataka Rural Infrastructure Development Limited?

Karnataka Rural Infrastructure Development Limited was incorporated 49 years 9 months ago on 08 Aug 1974 with Registrar of Companies Roc Bangalore.

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