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Marg Ltd. (Parent)
MARG Axis
4/318, Rajiv Gandhi Salai, Kottivakkam
Phone: +91 4424541111p:+91 4424541111 CHENNAI, 600041  India Fax: +91 4424541123f:+91 4424541123

On 5/28/2019, the National Company Law Tribunal (NCLT), Chennai Bench, initiated a Corporate Insolvency Resolution Process (CIRP) for Marg Ltd. pursuant to an Insolvency Petition filed on 4/26/2018 by ICIC Bank Limited under the Insolvency and Bankruptcy Code 2016. (Case CP/541/IB/2018)
The NCLT appointed Mr. Vasudevan as the Interim Resolution Professional for the Company.

Business Summary
MARG Limited is an India-based company that is engaged in the business of construction and real estate. The Company operates in ports, residential projects and has presence in other businesses, such as resources, urban infrastructures and others. Its development business is focused primarily on the development of affordable residential projects and certain strategically located commercial projects. It also offers commercial spaces. It is developing two special economic zones (SEZ) in the field of engineering services and multi services spread over 612 acres as part of MARG Swarnabhoomi-The Land of New Thinking project. This Project is developed by New Chennai Township Private Limited, a wholly owned subsidiary. It owns Karaikal port, which is a multi-cargo port and handles all types of dry cargo, in bulk and break-bulk form, as well as containers and liquid cargo. The Company's residential spaces ranging from affordable homes to luxury homes.

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

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
12/31/20213/31/2021Yes----

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Executive Chairman of the Board, Managing Director G. R.Reddy 52 4/1/2007 1/1/1997
Company Secretary SureshKumar 2/15/2022 2/15/2022
Additional Director KandasamyKarpagambal 5/10/2021 5/10/2021
4 additional Officers and Directors records available in full report.

General Information
Number of Employees: 1,213 (As of 3/31/2011)
Outstanding Shares: 50,818,459 (As of 12/31/2021)
Shareholders: 19,355
Fax Number: +91 4424541123


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Monday, May 23, 2022