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BGR Energy Systems Ltd
443, Anna Salai, Teynampet
Phone: +91 4424301000p:+91 4424301000 CHENNAI, 600018  India Ticker: BGRENERGYBGRENERGY

On 4/3/2024, the National Company Law Tribunal, Amaravti bench admitted an Insolvency Petition filed against BGR Energy Systems Ltd. by its operational creditor, RDC Concrete India Private Ltd. initiating Corporate Insolvency Resolution Process (CIRP) against the Company
P.V.B. Sudhakararao has been appointed as the Interim Resolution Professional for the Company

Business Summary
BGR Energy Systems Limited is an India-based manufacturer of capital equipment for power plants, petrochemical industries, refineries, process industries. The Company undertakes turnkey balance of plant (BOP) and engineering procurement and construction (EPC) contracts for power plants. Its segments include Capital Goods and Construction, and EPC Contracts. The Company has five business units: power projects, electrical projects, oil and gas equipment, environmental engineering and air fin coolers. Its power projects business includes turnkey engineering, procurement and construction (EPC) of thermal/gas-based power plants, supply of sub critical steam generators up to 500 megawatts (MW) and others. Its electrical projects business includes turnkey solutions for gas insulated switchgears (GIS) substations, EHV transmission lines, plant electricals and rural electrification. Its oil and gas equipment business includes process equipment package and systems and compressor packaging.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
9/30/20243/31/2024Yes----

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Non-Executive Non-Independent Chairman of the Board SasikalaRaghupathy 9/25/2013
Chief Financial Officer S.Pattabiraman 57 5/30/2024 5/30/2024
Chief Compliance Officer, Company Secretary S.Sundar 6/10/2024 6/10/2024
5 additional Officers and Directors records available in full report.

Business Names
Business Name
532930
BGR Boilers Private Limited
BGR Turbines Company Private Limited
BGRENERGY
Progen Systems and Technologies Limited
Sravanaa Properties Limited

General Information
Number of Employees: 1,813 (As of 3/31/2020)
Outstanding Shares: 72,161,560 (As of 9/30/2024)
Shareholders: 98,548
Stock Exchange: NSE
Fax Number: +91 4424364656


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Wednesday, November 20, 2024