NCL Holdings Ltd Unlisted Shares
NCL Holding was formed to acquire all the non-building material of NCL Alltek and Seccolor as per scheme of arrangement sanctioned by NCLT. The building material part was transferred to NCL Buildtek. Now, currently the company is business objective is to make and hold investments in corporate and non-corporate entities engaged in manufacturing, trading , and services.
NCL Holding was formed to acquire all the non-building material of NCL Alltek and Seccolor as per scheme of arrangement sanctioned by NCLT. The building material part was transferred to NCL Buildtek. Now, currently the company is business objective is to make and hold investments in corporate and non-corporate entities engaged in manufacturing, trading , and services. The Company has 4 subsidiaries:
Sun Crop Sciences Private Limited:- The company is in to seed business of crops like Maize, Rice, Bajra and Wheat. The Company has active market for its Maize variety (Sun-Vaaman) in North East particularly Assam.
Kakatiya Industries Private Limited (KIPL):- The company has two divisions. One is chemicals. Further the company is in the business of Hydropower division.
Eastern Ghat renewal energy limited:- The main business of the company is in the sector of hydro power projects. It speacializes in hydrogeneration vizprocuring the licenses in its name and selling the power generated.
NCL Green Habitats Pvt. Ltd:- The company is mainly in the business of construction and real estates. Its core operation are selling and purchase of land, farms farmlands, construction and other real-estate activitites and consultancy in this sector.
Ashven Datla Directors
Ambujodar Reddy Kanala Directors
Bimal V Goradia Executive directors
Madhu kalidindi Managing directors
Category of shareholder No. of shares Holding (in %)
Promoters 19788188 43.75
Foreign Institutions 1398369 3.09
General Public 20072578 44.38
Others 3,973,655 8.78
Total outstanding shares 45232790 100
The Company’s revenue from operations for FY: 2019-20 was Rs. 100.13 Lakhs, as compared to previous year’s revenue of Rs. 21.24 Lakhs. The Profit after tax (with exceptional items) for the FY: 2019-20 stood at 756.01 Lakhs.
During the year under review, the Company has taken steps towards restructuring the investments in subsidiaries. A Proposal for merger of NCL Green Habitats Pvt. Ltd and Eastern Ghat Renewable Energy Limited (Subsidiaries) with our Company is under active consideration. On implementation Merger, the Company is expected to take the advantage of reduction in compliance costs, economies of scale in operations and better financial leverage.
the Company, amounts deducted/ accrued in the books of account in respect of undisputed statutory dues including provident fund, employees’ state insurance, income-tax, sales- tax, service tax, goods and service tax, duty of customs, duty of excise, value added tax, cess and other material statutory dues have been generally regularly deposited during the year by the company with the appropriate authorities