North Eastern Development Finance Corporation Limited logo

North Eastern Development Finance Corporation Limited

Provides financial assistance and implements government initiatives through term loans.
1995 | Kamrup, Assam (India) | Active

Last Updated:

November 11, 2024
HomeCompanyNorth Eastern Development Finance Corporation Limited

Who are the key members and board of directors at North Eastern Development Finance Corporation?

Executive Team (3)

NameDesignationAppointment DateStatus
Venkata Poduri InManaging Director19-Feb-2016Current
Srijib Baruah InCFO05-May-2015Current
Veekash AgarwalCompany Secretary01-Dec-2015Current

Board Members(9)

NameDesignationAppointment DateStatus
Ravi Kota In Director 22-Jun-2024Current
Anoop Kumar In Director 20-Jan-2021Current
Donald Wahlang In Director 31-Oct-2023Current
Ugen Tashi In Director 16-Jun-2014Current
Mohmmad Nazmuddin In Director 02-May-2024Current
Kaushik Sinha In Director 29-Apr-2023Current

Financial Performance and Corporate Structure Insights of North Eastern Development Finance Corporation.

North Eastern Development Finance Corporation Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 7.78% increase. The company also saw a slight improvement in profitability, with a 9.68% increase in profit. The company's net worth moved up by a moderate rise of 4.9%.

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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
7.78%
Revenue from Operations
24.17%
Total Assets
5.83%
Profit or Loss
9.68%
Net Worth
4.90%
EBITDA
16.46%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹300.00 Cr

LenderAmountStatus

State Bank Of India

Creation Date: 08 Oct 2024
₹200.00 CrOpen

Sidbi

Creation Date: 30 Mar 2023
₹100.00 CrOpen

How Many Employees Work at North Eastern Development Finance Corporation?

North Eastern Development Finance Corporation has a workforce of 134 employees as of Mar 29, 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.

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Latest Updates, News, and FAQs on North Eastern Development Finance Corporation

Recent activity within the organization

  • Charges

    A charge with State Bank Of India amounted to Rs. 200.00 Cr with Charge ID 100986017 was registered on 08 Oct 2024.

    08 Oct 2024

  • Annual General Meeting

    North Eastern Development Finance Corporation Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Director Appointment

    Sahadevan Asari Radhakrishnan was appointed as a Director was appointed as a Director on 22 Aug 2024 & has been associated with this company since 4 months .

    22 Aug 2024

  • Director Appointment

    Ravi Kota was appointed as a Director was appointed as a Director on 22 Jun 2024 & has been associated with this company since 6 months .

    22 Jun 2024

  • Director Appointment

    Mohmmad Nazmuddin was appointed as a Director was appointed as a Director on 02 May 2024 & has been associated with this company since 7 months 20 days .

    02 May 2024

  • Balance Sheet

    North Eastern Development Finance Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Shillong.

    31 Mar 2024

Frequently asked questions

  • North Eastern Development Finance Corporation Limited was incorporated on 09 Aug 1995.

  • The authorized share capital of North Eastern Development Finance Corporation Limited is ₹ 500.00 Cr and paid-up capital is ₹ 100.00 Cr.

  • Currently 12 directors are associated with North Eastern Development Finance Corporation Limited.

    • Donald Phillips Wahlang
    • Ugen Tashi
    • Ravi Kota
    • Venkata Suryalakshmi Narasimha Murthy Poduri
    • Mohmmad Nazmuddin
    • Kaushik Sinha
    • Anoop Kumar
    • Nandita Hazarika
    • Bibekananda Acharya
    • Sahadevan Asari Radhakrishnan
    • Srijib Kumar Baruah
    • Veekash Kumar Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of North Eastern Development Finance Corporation Limited is Nedfi House G.S. Road, Dispur India, Guwahati, Assam, 781006.

  • The corporate identification number (CIN) of North Eastern Development Finance Corporation Limited is U65923AS1995GOI004529 and the company number is 004529 as per Ministry of Corporate Affairs (MCA).

  • The Official website of North Eastern Development Finance Corporation Limited is https://www.nedfi.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for North Eastern Development Finance Corporation Limited has risen by 7.78%.

  • As Per 2022 financial reports, 134 employees are currently employed by North Eastern Development Finance Corporation Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of North Eastern Development Finance Corporation Limited has experienced an upsurge of 4.90%.

  • As per the financial statements for fiscal Year 2022, The total open charges for North Eastern Development Finance Corporation Limited amount to ₹ 300.00 Cr.

  • The most recent Balance Sheet for North Eastern Development Finance Corporation Limited was filed with the ROC on 31 Mar 2024.

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