Punjab State Transmission Corporation Limited logo

Punjab State Transmission Corporation Limited

Power transmission and load dispatch for state electricity board and private power generating units.

2010 Patiala, Punjab (India) Active

About

Basic Data Updated:

1 month ago
Punjab State Transmission Corporation Limited (PSTCL) is a leading Public Limited State Government Company incorporated in India on 16 April 2010 and has a history of 14 years and five months. Its registered office is in Patiala, Punjab, India.

The Company is engaged in the Energy And Environment 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 3,000.00 cr and a paid-up capital of Rs 605.88 cr.

The Corporate currently has active open charges totaling ₹8,674.89 cr. It has already closed loans amounting to ₹555.72 cr, as per the Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Punjab State Transmission Corporation Limited India are Sumit Bansal as Cfo and Sahil Pandey as Company Secretary. Gurpreet Sapra, Nem Chand, Ajoy Sinha, and Four other members serve as directors at the Company.

Industry

Company Details

  • Location

    Patiala, Punjab, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU40109PB2010SGC033814
Company No.033814
Company ClassificationPublic Limited State Government Company
Incorporation Date16 Apr 2010
Date of AGM25 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Chandigarh

Financials of Punjab State Transmission Corporation Limited

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Punjab State Transmission Corporation Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.6% increase. The company also saw a substantial fall in profitability, with a 52.86% decrease in profit. The company's net worth moved up by a moderate rise of 3.31%.

Corporate Structure

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People in Punjab State Transmission Corporation Limited

Executive Team (3)

  • SB

    Sumit Bansal CFO

    Appointment Date: 04-Mar-2024

    Status: Current

  • TS

    Tejveer Singh In Managing Director

    Appointment Date: 16-Apr-2022

    Status: Current

  • SP

    Sahil Pandey In Company Secretary

    Appointment Date: 09-Apr-2021

    Status: Current

Board Members(6)

Charges (Loans)

Open Charges Satisfied Charges

₹8,674.89 cr

₹555.72 cr

LenderAmountStatus

Others

Creation Date: 07 Nov 2023
₹248.63 CrOpen

Others

Creation Date: 31 Jan 2023
₹338.54 CrOpen

Others

Creation Date: 10 Nov 2022
₹17.14 CrOpen

Deals i

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Rating

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Alert

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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.

Related Corporates (Common Directorship)

  • Punjab State Power Corporation Limited

    Punjab State Power Corporation Limited

    Active build-icon 14 years 5 months

    Ajoy Sinha and Tejveer Singh are mutual person

  • Punjab Municipal Infrastructure Development Company

    Punjab Municipal Infrastructure Development Company

    Active build-icon 15 years 6 months

    Ajoy Sinha is a mutual person

  • Punjab Communications Limited

    Punjab Communications Limited

    Active build-icon 43 years 1 month

    Tejveer Singh is a mutual person

  • Punjab State Industrial Development Corpn Limited

    Punjab State Industrial Development Corpn Limited

    Active build-icon 58 years 7 months

    Tejveer Singh is a mutual person

  • Navnirman Welfare Organisation

    Navnirman Welfare Organisation

    Active build-icon 7 years 10 months

    Nem Chand is a mutual person

  • Hocbat India Private Limited

    Hocbat India Private Limited

    Active build-icon 5 years 11 months

    Nem Chand is a mutual person

Recent activity within the organization

  • Activity

    Charges

    A charge registered on 29 Jun 2022 via Charge ID 100593511 with Others was fully satisfied on 22 Mar 2024.

    22 Mar 2024
  • Activity

    Director Appointment

    Sumit Bansal was appointed as a Cfo was appointed as a Cfo on 04 Mar 2024 & has been associated with this company since 6 months 16 days .

    04 Mar 2024
  • Activity

    Director Appointment

    Gurpreet Kaur Sapra was appointed as a Director was appointed as a Director on 23 Jan 2024 & has been associated with this company since 7 months 26 days .

    23 Jan 2024
  • Activity

    Charges

    A charge with State Bank Of India of Rs. 350.00 cr registered on 12 Jul 2011 with Charge ID 10300123 was modified on 20 Nov 2023.

    20 Nov 2023
  • Activity

    Charges

    A charge with Others amounted to Rs. 248.63 cr with Charge ID 100822307 was registered on 07 Nov 2023.

    07 Nov 2023

Frequently asked questions

What is the Incorporation or founding date of Punjab State Transmission Corporation Limited?

Punjab State Transmission Corporation Limited was incorporated 14 years 5 months ago on 16 Apr 2010 with Registrar of Companies Roc Chandigarh.

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