About
Basic Data Updated:
30 days agoThe story of Madhya Gujarat Vij Company Limited begins in the vibrant state of Gujarat, where it serves as a crucial player in the power distribution sector. This company, which is responsible for distributing electricity in the central area of Gujarat, operates as a licensee for the central region. With a strong track record of efficient operations, MGVCL has earned a high credit rating, making it a trusted name in the industry. Its reach is vast, covering five districts and serving a whopping 3.20 million consumers through 256 sub-stations and 18 division offices. This extensive network is spread across 5 circles, making MGVCL a key player in the state's power distribution landscape. As a proud member of the Gujarat Electricity Board, MGVCL is committed to providing reliable and uninterrupted power supply to its consumers.
Industry
Company Details
- Location
Vadodara, Gujarat, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | U40102GJ2003SGC042907 |
| Company No. | 042907 |
| Company Classification | Public Limited State Government Company |
| Incorporation Date | 15 Sep 2003 |
| Date of AGM | 18 Dec 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Ahmedabad |
Products or Services related to Madhya Gujarat Vij Company Limited
Online Payment Solution
Handheld Terminal
Financials of Madhya Gujarat Vij Company Limited
Madhya Gujarat Vij Company Limited, for the financial year ended 2021, experienced modest growth in revenue, with a 0.35% increase. The company also saw a substantial fall in profitability, with a 13.48% decrease in profit. The company's net worth moved up by a moderate rise of 2.95%.
Corporate Structure
Unlock access to Madhya Gujarat Vij Company'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 Madhya Gujarat Vij Company Limited
Unlock and access historical data on people associated with Madhya Gujarat Vij Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
TP
Tejas Parmar
Managing DirectorAppointment Date: 06-Apr-2023
Status: Current
VC
Vitthal Chavan Company SecretaryAppointment Date: 15-Feb-2019
Status: Current
JM
Jaynish Modi CFOAppointment Date: 05-Mar-2020
Status: Current
Board Members(9)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Power Finance Corporation Limited Creation Date: 19 Dec 2014 | ₹14.62 Cr | Open |
Uco Bank Creation Date: 08 Jan 2007 | ₹459.00 Cr | Open |
Bank Of Baroda Creation Date: 22 Dec 2014 | ₹80.00 Cr | Satisfied |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Madhya Gujarat Vij Company, 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 Madhya Gujarat Vij Company's trajectory.
Rating
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Alert
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Related Corporates (Common Directorship)
Uttar Gujarat Vij Company Limited
Active
20 years 8 months Kamlesh Jangid, Jai Shivahare and 2 more are mutual person
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Active 25 years 2 days Kamlesh Jangid, Jai Shivahare and 2 more are mutual person
Recent activity within the organization
Director Appointment
Ajay Pandey was appointed as a Director was appointed as a Director on 07 Feb 2024 & has been associated with this company since 3 months 13 days .
07 Feb 2024Director Appointment
Kiran Mukundrao Shringarpure was appointed as a Director was appointed as a Director on 07 Feb 2024 & has been associated with this company since 3 months 13 days .
07 Feb 2024Director Appointment
Shanmuganathan Raman was appointed as a Director was appointed as a Director on 07 Feb 2024 & has been associated with this company since 3 months 13 days .
07 Feb 2024Annual General Meeting
Madhya Gujarat Vij Company Limited last Annual general meeting of members was held on 18 Dec 2023 as per latest MCA records.
18 Dec 2023Director Appointment
Kamlesh Kumar Jangid was appointed as a Nominee Director was appointed as a Nominee Director on 26 Jul 2023 & has been associated with this company since 9 months 26 days .
26 Jul 2023
Frequently asked questions
What is the Incorporation or founding date of Madhya Gujarat Vij Company Limited?
