About
Basic Data Updated:
20 days agoIncorporated in 1969, MG Electronics Limited (MGEL) has been a leading player in the manufacturing industry, specifically in the production of fiberglass tissue. The company's main focus is on the production, import, export, and sale of various types of garments made from materials such as cotton, woolen, nylon, and other fabrics. With its registered office situated in Delhi, MGEL operates not only in India but also in other parts of the world. The business of manufacturing fiberglass tissue has been the backbone of MGEL since its inception. The company's founders had a vision to provide high-quality and durable fiberglass tissue to meet the growing demand in the market. With this goal in mind, MGEL has continuously strived to improve its production processes and techniques, ensuring that their products meet the highest standards of quality. Over the years, MGEL has established itself as a trusted brand in the industry, known for its commitment to excellence and customer satisfaction. The company's success can be attributed to its dedicated team of professionals who work tirelessly to ensure that every product that leaves their manufacturing unit is of the highest quality.
Industry
Company Details
- Location
South Delhi, Delhi, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
CIN/LLPIN/FCRN | U74899DL1969PLC005030 |
Company No. | 005030 |
Company Classification | Public Limited Indian Non-Government Company |
Incorporation Date | 17 Apr 1969 |
Date of AGM | 30 Sep 2023 |
Date of Balance Sheet | 31 Mar 2023 |
Listing Status | Unlisted |
ROC Code | Roc Delhi |
Financials of M G Electronics Limited
M G Electronics Limited, for the financial year ended 2018, experienced Minor drop in revenue, with a 3.67% decrease. The company also saw a substantial fall in profitability, with a 168.15% decrease in profit. The company's net worth dipped by a decrease of 1.94%.
Corporate Structure
Unlock access to M G Electronics's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in M G Electronics Limited
Unlock and access historical data on people associated with M G Electronics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Board Members(4)
Charges (Loans)
There are no open charges registered against the company as per our records.
Deals i
Gain comprehensive insights into the Deals and Valuation data of M G Electronics, 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 M G Electronics'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.
Alert
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.
Related Corporates (Common Directorship)
Recent activity within the organization
Annual General Meeting
M G Electronics Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
30 Sep 2023Director Appointment
Devendra Bahadur Singh was appointed as a Additional Director was appointed as a Additional Director on 11 Jul 2023 & has been associated with this company since 10 months 4 days .
11 Jul 2023Balance Sheet
M G Electronics Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
31 Mar 2023Director Appointment
Binoy Pradip Somaia was appointed as a Director was appointed as a Director on 30 Mar 2017 & has been associated with this company since 7 years 1 month .
30 Mar 2017Director Appointment
Ishita Bowry was appointed as a Director was appointed as a Director on 30 Mar 2017 & has been associated with this company since 7 years 1 month .
30 Mar 2017
Recent News, Updates & Announcement
- SaintGobain to acquire Indian glass wool firm UP Twiga Fiberglass.
Morningstar 22 Feb 2023
Frequently asked questions
What is the Incorporation or founding date of M G Electronics Limited?