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Trend Electronics Ltd
Gut No. 350
Beed Road, Village Bhalgaon,
Phone: +91 2402544509p:+91 2402544509 AURANGABAD, 431201  India Ticker: 517228517228
Filed for Bankruptcy on 2/10/2023
On 5/7/2018, it was announced that a consortium of lenders led by State Bank of India had filed an Insolvency Petition against Trend Electronics Ltd with the National Company Law Tribunal.
On 6/6/2018, the Mumbai Bench of the National Company Law Tribunal admitted Insolvency proceedings for Videocon Industries Ltd. filed by State Bank of India pursuant to the Insolvency and Bankruptcy Code. Anuj Jain of KPMG was appointed as the Interim Resolution Professional for the Company.
On 2/10/2023, The National Company Law Tribunal, Mumbai Bench, Court 2 ordered the Liquidation of Trend Electronics Limited.
Mr. Divyesh Desai was appointed as the Liquidator of the Company.
This is a Subsidiary, click here for the Parent Company
Business Summary
Trend Electronics Limited is focused on advancing resources and technologies in electronics and instrumentation. The Company provides contract manufacturing plant for electronic products and devices and small home appliances. It operates through the consumer electronics and components/parts segment. Its solutions include set-top box; interactive flat panel display (IFPD); digital; signage boards; kitchen appliances; home appliances; electronic gadgets; product design and sourcing, and after-sales service. Digital signage solutions are a network of interconnected digital displays that provide targeted information, entertainment, merchandising and advertising. IFPD in schools enable the use of interactive content, fostering real-time practice with immediate feedback. Its plant is located in Chhatrapati Sambhaji Nagar, Maharashtra, India. It serves various industries, including electric and electronic devices; retail advertising; education institutes; media and entertainment, and others.

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
9/30/20223/31/2020Yes----

Industries
SIC Code Description
3651 Household audio and video equipment

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Whole-Time Director Umakant D.Bhangale 7/26/2022 7/26/2022
Whole-Time Director Rajendra P.Shende 48 7/26/2022 7/26/2022
Independent Director Chandrakant S.Jyoti 1/29/2016 1/29/2016
Non-Executive Independent Director Vivek D.Dharm 49 1/1/2013 12/8/2005
Non-Executive Independent Director Subhash S.Nabar 67 1/1/2013 10/31/2002

Business Names
Business Name
517228
Trend Electronics Ltd
Trend Electronics Ltd(NDA)

General Information
Number of Employees: 1,050 (As of 12/31/2011)
Outstanding Shares: 7,500,000 (As of 9/30/2022)
Shareholders: 18,771
Stock Exchange: BOM
Fax Number: +91 2402544506


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Friday, April 19, 2024