Meghalaya Energy Corporation Limited

Government-owned company responsible for electricity generation, distribution, and transmission in Meghalaya.

2009 | Khasi Hills, Meghalaya (India) | Active
Last Updated:

Meghalaya Energy Corporation Profile

Key Indicators

  • Authorised Capital ₹ 5,000.00 Cr
  • Paid Up Capital ₹ 3,424.12 Cr
  • Company Age 15 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 122.35 Cr

About Meghalaya Energy Corporation

Meghalaya Energy Corporation Limited (MECL) is a leading Public Limited State Government Company incorporated in India on 14 September 2009 and has a history of 15 years and six months. Its registered office is in Khasi Hills, Meghalaya, India.

The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5,000.00 Cr and a paid-up capital of Rs 3,424.12 Cr.

The company has closed loans amounting to ₹122.35 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Meghalaya Energy Corporation Limited India are Ramakrishna Chitturi as CFO and Gouri Mukherjee as Company Secretary. Merilyn Nampui, Sanjay Goyal, Leadingson Sangma, and Two other members serve as directors at the Company.

Company Details

  • Location

    Khasi Hills, Meghalaya, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40101ML2009SGC008374

  • Company No.

    008374

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    14 Sep 2009

  • Date of AGM

    20 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Shillong

Industry

Energy and Power
Company report

Meghalaya Energy Corporation Limited

Explore comprehensive data for Meghalaya Energy Corporation Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Meghalaya Energy Corporation?

Executive Team (2)

NameDesignationAppointment DateStatus
Ramakrishna Chitturi Country flag representing In CFO17-Aug-2022Current
Gouri Mukherjee Company Secretary23-Dec-2011Current

Board Members (5)

NameDesignationAppointment DateStatus
Merilyn Nampui Country flag representing In Director 08-Jul-2022Current
Sanjay Goyal Country flag representing In Nominee Director 07-Oct-2022Current
Leadingson Sangma Country flag representing In Director 15-Dec-2020Current
Ramakrishna Chitturi Country flag representing In Director and Cfo 17-Aug-2022Current
Iadashisha Majaw Country flag representing In Director 29-Sep-2023Current

Financial Performance of Meghalaya Energy Corporation.

Meghalaya Energy Corporation Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Meghalaya Energy Corporation revenue growth over time
Meghalaya Energy Corporation profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Meghalaya Energy Corporation?

In 2022, Meghalaya Energy Corporation had a promoter holding of 100.00%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹122.35 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 115.00 Cr
  • Indian Bank : 7.35 Cr

Latest Charge Details

DateLenderAmountStatus
28 Dec 2011State Bank Of India₹50.00 CrSatisfied
12 Oct 2011State Bank Of India₹65.00 CrSatisfied
29 Sep 2011Indian Bank₹7.35 CrSatisfied

How Many Employees Work at Meghalaya Energy Corporation?

Meghalaya Energy Corporation has a workforce of 1723 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Meghalaya Energy Corporation Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Meghalaya Energy Corporation, 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 Meghalaya Energy Corporation's trajectory.

Rating

Graph displaying rating trends over time

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.

Alerts

Alert Indicator

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.

Latest Updates, News, and FAQs on Meghalaya Energy Corporation

Recent activity within the organization

  • Annual General Meeting

    Meghalaya Energy Corporation Limited last Annual general meeting of members was held on 20 Dec 2023 as per latest MCA records.

  • Director Appointment

    Iadashisha Majaw was appointed as a Director was appointed as a Director on 29 Sep 2023 & has been associated with this company since 1 year 5 months .

  • Balance Sheet

    Meghalaya Energy Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Shillong.

  • Director Appointment

    Sanjay Goyal was appointed as a Nominee Director was appointed as a Nominee Director on 07 Oct 2022 & has been associated with this company since 2 years 5 months .

  • Director Appointment

    Ramakrishna Chitturi was appointed as a Director was appointed as a Director on 17 Aug 2022 & has been associated with this company since 2 years 7 months .

  • Director Appointment

    Ramakrishna Chitturi was appointed as a Cfo was appointed as a Cfo on 17 Aug 2022 & has been associated with this company since 2 years 7 months .

Frequently asked questions

  • What is the Incorporation or founding date of Meghalaya Energy Corporation Limited?

    Meghalaya Energy Corporation Limited was incorporated on 14 Sep 2009.

  • What is authorized share capital and paid-up capital of Meghalaya Energy Corporation Limited?

    The authorized share capital of Meghalaya Energy Corporation Limited is ₹ 5,000.00 Cr and paid-up capital is ₹ 3,424.12 Cr.

  • Who are the current board members & directors of Meghalaya Energy Corporation Limited?

    Currently 7 directors are associated with Meghalaya Energy Corporation Limited.

    • Merilyn Nellie Nampui
    • Sanjay Goyal
    • Leadingson Mangsang Sangma
    • Ramakrishna Chitturi
    • Iadashisha Majaw
    • Ramakrishna Chitturi
    • Gouri Sankar Mukherjee

  • What is the registered address of Meghalaya Energy Corporation Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Meghalaya Energy Corporation Limited is Lum Jingshai Short Round Road India, Shillong, Meghalaya, 793001.

  • What is the corporate identification number (CIN) and company number of Meghalaya Energy Corporation Limited?

    The corporate identification number (CIN) of Meghalaya Energy Corporation Limited is U40101ML2009SGC008374 and the company number is 008374 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Meghalaya Energy Corporation Limited?

    The Official website of Meghalaya Energy Corporation Limited is https://www.meecl.nic.in

  • How many employees does Meghalaya Energy Corporation Limited currently have?

    As Per 2023 financial reports, 1723 employees are currently employed by Meghalaya Energy Corporation Limited.

  • When was the last Balance Sheet of Meghalaya Energy Corporation Limited filed with the ROC?

    The most recent Balance Sheet for Meghalaya Energy Corporation Limited was filed with the ROC on 31 Mar 2023.

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