Proalgen Biotech Limited logo

Proalgen Biotech Limited

Produces natural mixed carotenoids in various forms, incorporated in 1997 and based in Chennai.

1997 Chennai, Tamil Nadu (India) Active

About

Basic Data Updated:

2 months ago
Proalgen Biotech Limited (PBL) is a Public Limited Indian Non-Government Company incorporated in India on 03 March 1997 and has a history of 27 years and six months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Acl Chemicals Ltd. The Company is engaged in the Food And Beverages 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 15.00 cr and a paid-up capital of Rs 11.99 cr.

The Corporate currently has active open charges totaling ₹6.47 cr. It has already closed loans amounting to ₹18.69 cr, as per the Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Proalgen Biotech Limited India is Ponnurangam Selvakumar as Cfo. Kalyanasundaram Krishnan, Nidamangala Balamukundan, Nidamangala Venkatesh, and One other member serve as directors at the Company.

Industry

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU24117TN1997PLC037629
Company No.037629
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date03 Mar 1997
Date of AGM25 Oct 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Chennai

Products or Services related to Proalgen Biotech Limited

Natrotene 10% Powder (natural Mixed Carotenoids) From Ds

Vitamin Powder API

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Proalgen Biotech Limited offers a wide range of products and services, including: Pharma Ingredients & Raw Materials, Vitamin Powder API.

Financials of Proalgen Biotech Limited

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Proalgen Biotech Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 24.74% decrease. The company also saw a substantial fall in profitability, with a 113.59% decrease in profit. The company's net worth dipped by a decrease of 7.76%.

Corporate Structure

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People in Proalgen Biotech Limited

Executive Team (2)

  • NB

    Nidamangala Balamukundan In Managing Director

    Appointment Date: 01-Jan-1998

    Status: Current

  • PS

    Ponnurangam Selvakumar In CFO

    Appointment Date: 01-Jun-2019

    Status: Current

Board Members(3)

Charges (Loans)

Open Charges Satisfied Charges

₹6.47 cr

₹18.69 cr

LenderAmountStatus

Others

Creation Date: 13 Mar 2009
₹4.31 CrOpen

State Bank Of India

Creation Date: 08 Apr 2005
₹2.16 CrOpen

Icici Limited

Creation Date: 14 Apr 2005
₹7.00 CrSatisfied

Deals i

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Gain comprehensive insights into the Deals and Valuation data of Proalgen Biotech, 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 Proalgen Biotech's trajectory.

Rating

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Alert

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Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    Annual General Meeting

    Proalgen Biotech Limited last Annual general meeting of members was held on 25 Oct 2023 as per latest MCA records.

    25 Oct 2023
  • Activity

    Balance Sheet

    Proalgen Biotech Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023
  • Activity

    Charges

    A charge with State Bank Of India of Rs. 2.16 cr registered on 08 Apr 2005 with Charge ID 90290613 was modified on 15 Dec 2021.

    15 Dec 2021
  • Activity

    Director Appointment

    Kalyanasundaram Krishnan was appointed as a Director was appointed as a Director on 29 Nov 2021 & has been associated with this company since 2 years 9 months .

    29 Nov 2021
  • Activity

    Director Appointment

    Ananthanarayanan Manjunath was appointed as a Director was appointed as a Director on 29 Feb 2020 & has been associated with this company since 4 years 6 months .

    29 Feb 2020

Frequently asked questions

What is the Incorporation or founding date of Proalgen Biotech Limited?

Proalgen Biotech Limited was incorporated 27 years 6 months ago on 03 Mar 1997 with Registrar of Companies Roc Chennai.

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