Sterlite Convergence Profile
Key Indicators
- Authorised Capital ₹ 10.05 Cr
- Paid Up Capital ₹ 10.05 Cr
- Company Age 7 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 50.00 Cr
- Revenue Growth 82.85%
- Profit Growth 39.02%
- Ebitda 35.72%
- Net Worth -29.84%
- Total Assets 145.30%
About Sterlite Convergence
Sterlite Convergence Limited (SCL) is a Public Limited Indian Non-Government Company incorporated in India on 16 June 2017 (Seven years and 11 months 6 days old ). Its registered office is in Gurugram, Haryana, 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 2024. It's a company limited by shares with an authorized capital of Rs 10.05 Cr and a paid-up capital of Rs 10.05 Cr.
The company currently has active open charges totaling ₹50.00 Cr.
The Key Managerial Personnel (KMP) at Sterlite Convergence Limited India are Nitish Lath as CFO and Mittal Chacha as Company Secretary. Manish Srivastava, Surya Deshraj, and Nabo Roy serve as directors at the Company.
Company Details
- Location
Gurugram, Haryana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U64100HR2017PLC102280
- Company No.
319310
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
16 Jun 2017
- Date of AGM
23 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Energy and Power
Telecom
Sterlite Convergence Limited
Explore comprehensive data for Sterlite Convergence Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Sterlite Convergence?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nitish Lath | CFO | 11-Jul-2023 | Current |
| Mittal Chacha | Company Secretary | 27-Aug-2024 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manish Srivastava  | Additional Director | 19-Oct-2024 | Current |
| Surya Deshraj | Director | 27-Jun-2023 | Current |
| Nabo Roy | Additional Director | 19-Oct-2024 | Current |
Financial Performance of Sterlite Convergence.
Sterlite Convergence Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 82.85% increase. The company also saw a substantial improvement in profitability, with a 39.02% increase in profit. The company's net worth observed a substantial decline by a decrease of 29.84%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sterlite Convergence?
In 2022, Sterlite Convergence had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sterlite Grid 19 LimitedManish Srivastava is a mutual person
- Sterlite Grid 28 Limited
Manish Srivastava is a mutual person
- Sterlite Grid 35 Limited
Manish Srivastava is a mutual person
- Sterlite Grid 25 Limited
Manish Srivastava is a mutual person
- Sterlite Interlinks Limited
Manish Srivastava, Surya Deshraj and 1 more are mutual person
- Sterlite Grid 16 Limited
Nabo Roy is a mutual person
Charges (Loans)
Open Charges
₹50.00 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 50.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Aug 2022 | Others | ₹50.00 Cr | Open |
How Many Employees Work at Sterlite Convergence?
Unlock and access historical data on people associated with Sterlite Convergence, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sterlite Convergence, 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 Sterlite Convergence's trajectory.
Rating
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
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 Sterlite Convergence
Recent activity within the organization
- Director Appointment
Manish Kumar Srivastava was appointed as a Additional Director was appointed as a Additional Director on 19 Oct 2024 & has been associated with this company since 7 months 3 days .
- Director Appointment
Nabo Gopal Roy was appointed as a Additional Director was appointed as a Additional Director on 19 Oct 2024 & has been associated with this company since 7 months 3 days .
- Annual General Meeting
Sterlite Convergence Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.
- Director Appointment
Mittal Jagdish Chacha was appointed as a Company Secretary was appointed as a Company Secretary on 27 Aug 2024 & has been associated with this company since 8 months 25 days .
- Balance Sheet
Sterlite Convergence Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Charges
A charge with Others of Rs. 50.00 Cr registered on 23 Aug 2022 with Charge ID 100611449 was modified on 18 Oct 2023.
Recent News, Updates & Announcement
Breaking Free: Moving On, Focusing on Growth and Funding Goals After Toxic Ex Wants to Stay Friends.When you break up with your toxic ex, but they still want to be friends and you're like "I have no urgency to be friends, but I'll consider it if the conditions are favorable and there's enough interest from other people." Meanwhile, you're focusing on expanding your own life and finding new investors for your future plans. #movingon #growth #byeex #fundinggoals.
- Sterlite Power Successfully Refinances Transmission Project Loan.
The new refinancing secures a reduced interest rate of ~8.25% p.a.p.m, a significant improvement over the previous terms. The overall tenure of the facility is ~18 years. Energy | Sectors News.
Frequently asked questions
What is the Incorporation or founding date of Sterlite Convergence Limited?
Sterlite Convergence Limited was incorporated on 16 Jun 2017.
What is authorized share capital and paid-up capital of Sterlite Convergence Limited?
The authorized share capital of Sterlite Convergence Limited is ₹ 10.05 Cr and paid-up capital is ₹ 10.05 Cr.
Who are the current board members & directors of Sterlite Convergence Limited?
Currently 5 directors are associated with Sterlite Convergence Limited.
- Manish Kumar Srivastava
- Surya Rajshekhar Deshraj
- Nabo Gopal Roy
- Nitish Lath
- Mittal Jagdish Chacha
What is the registered address of Sterlite Convergence Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sterlite Convergence Limited is Dlf Cyber Park Block B 9Th Floor Udyog Vihar Phase Iii, Sector- 20 India, Gurugram, Haryana, 122008.
What is the corporate identification number (CIN) and company number of Sterlite Convergence Limited?
The corporate identification number (CIN) of Sterlite Convergence Limited is U64100HR2017PLC102280 and the company number is 319310 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sterlite Convergence Limited?
The Official website of Sterlite Convergence Limited is https://www.sterlitepower.com
What has been the recent revenue trend for Sterlite Convergence Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sterlite Convergence Limited has risen by 82.85%.
What change has been observed in the net worth of Sterlite Convergence Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sterlite Convergence Limited has experienced an downturn of -29.84%.
What are the total open charges for Sterlite Convergence Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Sterlite Convergence Limited amount to ₹ 50.00 Cr.
When was the last Balance Sheet of Sterlite Convergence Limited filed with the ROC?
The most recent Balance Sheet for Sterlite Convergence Limited was filed with the ROC on 31 Mar 2024.
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