About
Basic Data Updated:
24 days agoCoal production is the main focus of Mahanadi Coalfields Limited, a company that has been operating in the state of Odisha for many years. The company's coal mines are spread across the region, with a total of 7 open cast mines and 3 underground mines. Over the years, MCL has been granted permission to undertake 52 mining projects, including 2 that have already been exhausted. These projects have a combined rated production capacity of 249.41 MTY. Currently, 34 of these projects have been successfully completed, with a capacity of 98.08 MTY, while 2 have been exhausted, namely the Balanda OCP and Basundhara-East OCP. At present, MCL has 18 ongoing projects with a total capacity of 151.33 MTY. The company's impressive clientele includes well-known names such as Aditya Steel Industries Ltd, Birla Tyres, Bisra Steel Industries, OCP India (P) Ltd, Passary Minerals, Tata Refractories Ltd, Utkal Distilleries Ltd, and Ginni Vitreous P Ltd, among others.
Industry
Company Details
- Location
Sambalpur, Odisha, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
- Apps12224421
| CIN/LLPIN/FCRN | U10102OR1992GOI003038 |
| Company No. | 003038 |
| Company Classification | Private Limited Union Government Company |
| Incorporation Date | 03 Apr 1992 |
| Date of AGM | 25 Jul 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Cuttack |
Financials of Mahanadi Coalfields Limited
Mahanadi Coalfields Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 42.09% increase. The company also saw a substantial improvement in profitability, with a 58.9% increase in profit. The company's net worth Soared by an impressive increase of 62.04%.
Corporate Structure
Unlock access to Mahanadi Coalfields'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 Mahanadi Coalfields Limited
Unlock and access historical data on people associated with Mahanadi Coalfields, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
UK
Uday Kaole
Managing DirectorAppointment Date: 07-Feb-2024
Status: Current
AB
Ajit Behura CFOAppointment Date: 08-Sep-2022
Status: Current
SP
Soubhagya Parida Company SecretaryAppointment Date: 25-Apr-2022
Status: Current
Board Members(9)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 16 Dec 2003 | ₹430.00 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mahanadi Coalfields, 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 Mahanadi Coalfields's trajectory.
Rating
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Alert
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Related Corporates (Common Directorship)
Coal India Ltd Govt Of India Undertaking
Active
50 years 11 months Mukesh Choudhary is a mutual person
Recent activity within the organization
Director Appointment
Uday Anantrao Kaole was appointed as a Managing Director was appointed as a Managing Director on 07 Feb 2024 & has been associated with this company since 3 months 13 days .
07 Feb 2024Annual General Meeting
Mahanadi Coalfields Limited last Annual general meeting of members was held on 25 Jul 2023 as per latest MCA records.
25 Jul 2023Director Appointment
Akshay Shrikant Bapat was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 02 Jun 2023 & has been associated with this company since 11 months 19 days .
02 Jun 2023Director Appointment
Rajesh Kumar Verma was appointed as a Director was appointed as a Director on 31 May 2023 & has been associated with this company since 11 months 21 days .
31 May 2023Director Appointment
Dayashankar Chandrashekhar Tiwari was appointed as a Director was appointed as a Director on 30 May 2023 & has been associated with this company since 11 months 22 days .
30 May 2023
Recent News, Updates & Announcement
Coal crunch shuts down three units of NTPCs plant in Odishas Kaniha.Business Standard 29 Jul 2019
- CIL Likely To Supply 16 RakesDay To Tamil Nadu Gen Co.
Btvi 18 Sep 2018
- Mahanadi Coalfields eyes NTPCs Odisha plant.
Coal India subsidiary Mahanadi Coalfields Ltd MCL is looking at a majority stake in the proposed Rs 13000 crore 1600 mw super critical power venture with NTPC in Odisha The plant is proposed to be operated by NTPC.
ET Bureau 30 May 2018
Frequently asked questions
What is the Incorporation or founding date of Mahanadi Coalfields Limited?
