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Sovereign Industries Limited

Produces and distributes sugar, alcohol, and industrial chemicals since 2009.
2009 | Bagalkot, Karnataka (India) | Under Insolvency

Last Updated:

May 06, 2024
HomeCompanySovereign Industries Limited

Who are the key members and board of directors at Sovereign Industries?

Board Members(3)

NameDesignationAppointment DateStatus
Shivakumar Malagan In Director 01-Jan-2012Current
Basavaraj Arakeri In Director 15-Sep-2017Current
Gurappa Reddi In Director 05-May-2014Current

Financial Performance and Corporate Structure Insights of Sovereign Industries.

Sovereign Industries Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 74.11% increase in profit. The company's net worth dipped by a decrease of 5.93%.

Revenue Growth Graph
Profit Loss Graph
  • 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
Revenue from Operations
Total Assets
2.85%
Profit or Loss
74.11%
Net Worth
-5.93%
EBITDA
65.23%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹292.04 Cr

LenderAmountStatus

Others

Creation Date: 07 Jul 2017
₹10.00 CrOpen

Others

Creation Date: 28 Mar 2017
₹7.04 CrOpen

Others

Creation Date: 22 Jun 2016
₹30.00 CrOpen

How Many Employees Work at Sovereign Industries?

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

Employee Graph

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Rating

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Latest Updates, News, and FAQs on Sovereign Industries

Recent activity within the organization

  • Annual General Meeting

    Sovereign Industries Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Sovereign Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.

    31 Mar 2022

  • Director Appointment

    Basavaraj Ningappa Arakeri was appointed as a Director was appointed as a Director on 15 Sep 2017 & has been associated with this company since 7 years 3 months .

    15 Sep 2017

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100107811 was registered on 07 Jul 2017.

    07 Jul 2017

  • Charges

    A charge with Others amounted to Rs. 7.04 Cr with Charge ID 100092512 was registered on 28 Mar 2017.

    28 Mar 2017

  • Charges

    A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100033604 was registered on 22 Jun 2016.

    22 Jun 2016

Frequently asked questions

  • Sovereign Industries Limited was incorporated on 05 Jan 2009.

  • The authorized share capital of Sovereign Industries Limited is ₹ 26.00 Cr and paid-up capital is ₹ 4.22 Cr.

  • Currently 3 directors are associated with Sovereign Industries Limited.

    • Shivakumar Malagan
    • Basavaraj Ningappa Arakeri
    • Gurappa Reddi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sovereign Industries Limited is 2Nd Floor Triveni Complex, Yadwad Road, Mudhol, Karnataka, India, 587313.

  • The corporate identification number (CIN) of Sovereign Industries Limited is U74900KA2009PLC069837 and the company number is 069837 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sovereign Industries Limited is https://www.sovereignsugars.com

  • The financial reports for the fiscal year 2022 indicates that The net worth of Sovereign Industries Limited has experienced an downturn of -5.93%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Sovereign Industries Limited amount to ₹ 292.04 Cr.

  • The most recent Balance Sheet for Sovereign Industries Limited was filed with the ROC on 31 Mar 2022.

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