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Khaitan Electricals Ltd
Everest
20th Floor, 46C, J.L. Nehru Road
Phone: +91 3340505000p:+91 3340505000 Kolkata, 700071  India Fax: +91 3322884143f:+91 3322884143

Filed for Bankruptcy on 8/23/2019
On 8/28/2018, an Insolvency petition was filed against Khaitan Electricals Ltd. by the Bank of India with the National Company Law Tribunal (NCLT) pursuant to the Insolvency and Bankruptcy Code 2016. (Order No. CP (IB) No.326/7/HDB/2018)
On 11/28/2018, the National Company Law Tribunal admitted the Insolvency Petition filed against Khaitan Electricals Ltd and initiated a Corporate Insolvency Resolution Process for the Company. Mr. Kamlesh Kumar Singhania was appointed as the Interim Resolution Professional.
On 8/23/2019, the National Company Law Tribunal, Hyderabad Bench, ordered the Liquidation of Khaitan Electricals Ltd. pursuant to the Insolvency and Bankruptcy Code 2016. (Petition NO. IA NO 460/2019 in CP(IB) NO.326/7/HDB/2018).
Kamalesh Kumar Singhania was appointed as the Liquidator.
This company is no longer actively traded on any major stock exchange.

Business Summary
Khaitan Electricals Limited is an India-based company, which is engaged in domestic appliances and electric lighting equipment business. The Company is a fan manufacturer with interests in home appliances, lightings and pump business. The Company's products include domestic fans, industrial fans, appliances, leon and pumps. It offers a range of domestic fans, such as ceiling fans, table fans, pedestal fans, wall/cabin fans and freshair fans. Its range of industrial fans include heavy duty (HD) exhaust fan, air circulators, man coolers and axial flow fan. It offers a range of appliances, such as juicer mixer grinders, mixer grinders, hand blender, electric kettles, toasters, sandwich toasters, induction cookers, rice cookers, pressure cookers, steam irons, dry irons, emergency lamps, room heaters, water heaters, immersion heater and air coolers. Its Leon products include spiral-retrofit, consumer luminaries and T5 complete fitting. It also offers domestic and agricultural pumps.

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
12/31/20183/31/2018Yes----

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Executive Chairman of the Board, Managing Director Sunil K.Khaitan 53 11/10/2012
Compliance Officer, Company Secretary Ashok K.Mishra 11/21/2016 11/21/2016
Non-Executive Director Ajay K.Kajaria 55
Additional Independent Director GairikBanerjee 6/9/2017 6/9/2017
Non-Executive Independent Director SujataChatterjee 4/25/2018 4/25/2018

Business Names
Business Name
504269
Khaitan Electricals Limited
Khaitan Electricals Ltd
Khaitan Electricals Ltd(NDA)
KHAITANELE

General Information
Number of Employees: 762 (As of 3/31/2014)
Outstanding Shares: 11,500,000 (As of 9/30/2018)
Shareholders: 19,464
Stock Exchange: BOM
Fax Number: +91 3322884143


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Sunday, July 11, 2021