Maharashtra State Electricity Transmission Company Limited logo

Maharashtra State Electricity Transmission Company Limited

Manages electricity transmission and load dispatch in Maharashtra, with a large network of lines and substations.
2005 | Mumbai, Maharashtra (India) | Active

Last Updated:

November 16, 2024
HomeCompanyMaharashtra State Electricity Transmission Company Limited

Who are the key members and board of directors at Maharashtra State Electricity Transmission Company?

Executive Team (3)

NameDesignationAppointment DateStatus
Vineeta Shriwani InCompany Secretary22-Jun-2022Current
Trupti MudholkarCFO01-Aug-2024Current
Sanjeev Jarngal InManaging Director03-May-2023Current

Board Members(4)

NameDesignationAppointment DateStatus
Vishwas Pathak In Director 22-Aug-2022Current
Satish Chavan In Additional Director 01-Aug-2024Current
Abha Shukla In Nominee Director 29-Nov-2022Current
Sugat Gamare In Director 10-Jan-2022Current

Financial Performance and Corporate Structure Insights of Maharashtra State Electricity Transmission Company.

Maharashtra State Electricity Transmission Company Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.2% increase. The company also saw a slight improvement in profitability, with a 8.51% increase in profit. The company's net worth moved up by a moderate rise of 7.73%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
9.20%
Revenue from Operations
0.65%
Total Assets
4.17%
Profit or Loss
8.51%
Net Worth
7.73%
EBITDA
-13.70%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹14,407.39 Cr

₹15,245.76 Cr

LenderAmountStatus

Others

Creation Date: 20 Mar 2023
₹10.75 CrOpen

Others

Creation Date: 20 Mar 2023
₹5.40 CrOpen

Others

Creation Date: 20 Mar 2023
₹5.81 CrOpen

How Many Employees Work at Maharashtra State Electricity Transmission Company?

Unlock and access historical data on people associated with Maharashtra State Electricity Transmission Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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Latest Updates, News, and FAQs on Maharashtra State Electricity Transmission Company

Recent activity within the organization

  • Director Appointment

    Satish Vitthalrao Chavan was appointed as a Additional Director was appointed as a Additional Director on 01 Aug 2024 & has been associated with this company since 4 months 19 days .

    01 Aug 2024

  • Director Appointment

    Trupti Nitin Mudholkar was appointed as a Cfo was appointed as a Cfo on 01 Aug 2024 & has been associated with this company since 4 months 19 days .

    01 Aug 2024

  • Director Appointment

    Trupti Nitin Mudholkar was appointed as a Additional Director was appointed as a Additional Director on 01 Aug 2024 & has been associated with this company since 4 months 19 days .

    01 Aug 2024

  • Charges

    A charge registered on 14 Jan 2011 via Charge ID 10266501 with Rural Electrification Corporation Limited was fully satisfied on 05 Jul 2024.

    05 Jul 2024

  • Charges

    A charge registered on 25 Jun 2010 via Charge ID 10232494 with Rural Electrification Corporation Limited was fully satisfied on 05 Jul 2024.

    05 Jul 2024

  • Charges

    A charge registered on 25 Jun 2010 via Charge ID 10232496 with Others was fully satisfied on 05 Jul 2024.

    05 Jul 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Maharashtra State Electricity Transmission Company Limited was incorporated on 31 May 2005.

  • The authorized share capital of Maharashtra State Electricity Transmission Company Limited is ₹ 15,000.00 Cr and paid-up capital is ₹ 8,984.97 Cr.

  • Currently 8 directors are associated with Maharashtra State Electricity Transmission Company Limited.

    • Vishwas Vasant Pathak
    • Satish Vitthalrao Chavan
    • Abha Shukla
    • Vineeta Shriwani
    • Trupti Nitin Mudholkar
    • Sugat Shankar Gamare
    • Trupti Nitin Mudholkar
    • Sanjeev Kalidass Jarngal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Maharashtra State Electricity Transmission Company Limited is Prakashganga Plot No C 19 Eblock Bandra Kurla Complex (East) India, Mumbai, Maharashtra, 400051.

  • The corporate identification number (CIN) of Maharashtra State Electricity Transmission Company Limited is U40109MH2005SGC153646 and the company number is 153646 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Maharashtra State Electricity Transmission Company Limited is https://www.mahatransco.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Maharashtra State Electricity Transmission Company Limited has risen by 9.20%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Maharashtra State Electricity Transmission Company Limited has experienced an upsurge of 7.73%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Maharashtra State Electricity Transmission Company Limited amount to ₹ 14,407.39 Cr.

  • The most recent Balance Sheet for Maharashtra State Electricity Transmission Company Limited was filed with the ROC on 31 Mar 2023.

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