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Sunil Hitech Engineers Limited
97, East High Court road, Ramdaspeth
Phone: +91 7122562087p:+91 7122562087 Nagpur, 440010  India Ticker: 532711532711
Filed for Bankruptcy on 6/29/2019
On 11/27/2018, The National Company Law Tribunal, Mumbai Bench, appointed a Resolution Professional for Sunil Hitech Engineers Limited pursuant to an Insolvency Petition filed against the Company by American Express Banking Corp. (Order #C.P.(IB)-2295(MB)/2018)
On 6/29/2019, The National Company Law Tribunal, Mumbai Bench ordered the commencement of Liquidation of Sunil Hitech Engineers Limited, pursuant to the Insolvency Petition filed against the Company by American Express Banking Corp.
Shri. Avil Jerome Menezes was appointed as the Liquidator to carry out the Liquidation process.
This company is no longer actively traded on any major stock exchange.
Business Summary
Sunil Hitech Engineers Limited is an India-based company, engaged in the business of engineering, procurement, construction (EPC), fabrication, erection, overhauling, maintenance, trading and other related activities. Its segments include Project, Manufacturing, Power and Project Supply. The Project and related activities segment is engaged in the business of fabrication, erection and commissioning of boilers electrostatic smoke precipitation (ESP), rotating machineries, sugar plants, transmission and distribution, and EPC contract and balance of plant (BOP). The Manufacturing segment is engaged in manufacturing and supplying of Indian boiler regulations (IBR) and Non IBR piping, pressure parts and vessels, and technological structures. The Power segment is engaged in generating and distributing solar power in state of Maharashtra. The Project Supply segment is engaged in supplying of electrodes, steel and other materials at various project sites.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
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Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
3/31/20183/31/2018Yes----

Industries
SIC Code Description
1611 Highway and street construction, except elevated highways
1623 Water, sewer, pipeline, and communications and power line construction
1629 Heavy construction, not elsewhere classified
1542 General contractors-nonresidential buildings, other than industrial
3443 Fabricated plate work (boiler shops)
1541 General contractors-industrial buildings and warehouses
6719 Offices of holding companies, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board, Managing Director Sunil R.Gutte 34 12/8/2017 6/1/2005
Chief Financial Officer HarshvardhanKaushik 2/8/2018 2/8/2018
Compliance Officer, Company Secretary Shrikant C.Rikhe 10/25/2013 10/25/2013
5 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
SEAM Industries Private Limited INDIA

Business Names
Business Name
532711
SEAM Industries Private Limited
Sunil Hitech Engineers Private Limited
SUNILHITEC

General Information
Number of Employees: 538 (As of 3/31/2018)
Outstanding Shares: 461,303,200 (As of 3/31/2018)
Shareholders: 63,405
Stock Exchange: BOM
Fax Number: +91 7122562091


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Saturday, July 22, 2023