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Company Information

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SUNGARNER ENERGIES LTD.

09 May 2025 | 12:00

Industry >> Non Conventional Energy - Generation/Support Equip

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ISIN No INE0O3O01017 BSE Code / NSE Code / Book Value (Rs.) 45.14 Face Value 10.00
Bookclosure 31/08/2024 52Week High 909 EPS 4.63 P/E 59.98
Market Cap. 64.32 Cr. 52Week Low 258 P/BV / Div Yield (%) 6.15 / 0.00 Market Lot 200.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
The Company was originally incorporated as a private limited Company under the Companies Act, 2013 in the name and style of "Sungarner Energies Private Limited" bearing corporate identification number U74900DL2015PTC279632, dated April 30, 2015 issued by the Registrar of Companies, Delhi. Subsequently the Company altered its objects pursuant to a shareholders' resolution passed at an extra-ordinary general meeting held on January 31, 2022, and a certificate of confirming alteration of object clause dated February 27, 2020, was issued by Registrar of Companies, Delhi bearing corporate identification number U34100DL2015PTC279632. subsequently, the name of the company was changed to "Sungarner Energies Limited" pursuant to a shareholders' resolution passed at an annual general meeting held on September 30 2022, and a fresh certificate of incorporation dated November 17, 2022 was issued by Registrar of Companies, Delhi bearing corporate identification number U34100DL2015PLC279632.

KEY EVENTS AND MILESTONES :
2015
- Incorporation of the company

2016
- Backed orders from DLF, Shapoorji Palonji, Modi group for its various power plants across India

2017
- Alteration of object clause of the Memorandum of Association by adding business of Manufacturing and/or assembly of Electric Vehicles, Electric Vehicle Conversion KIT, and Lead Acid and Lithium-Ion Batteries.
- Formation of Inhouse R&D team for Industrial application at Gorakhpur.
- IIT, BHU recommendation received for the development of Solar Online UPS as innovative product.

2018
- Manufacturing of power electronic products such as solar inverter, UPS etc. Further, started establishment of largest solar power plant for industrial application at Gorakhpur.

2021
- The First International Project was Funded by UNDP to Bhutan Power Corporations for its Largest Solar Power Plant in Bhutan which was completed in 2021

2022
- We have done the largest solar project of INR 500 Lakh of 900 KW and 378KW of V N Dyers & Processors in Gorakhpur.
- Alteration of Name clause of Memorandum of Association and subsequently the company was converted from Private Limited Company into Public Company