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Petron Engineering Construction Ltd
Swastik Chambers, 6th Floor,
Sion Trombay Road,
Phone: +91 2240856200p:+91 2240856200 Mumbai, 400071  India Ticker: 530381530381
On 3/23/2018, an Insolvency Petition was filed against Petron Engineering Construction Ltd by Operational Creditors, Kohinoor Crane Service and Industrial Gas Distributors, with the National Company Law Tribunal (NCLT), Mumbai Bench, pursuant to the Insolvency & Bankruptcy Code, 2016.
On 4/12/2018, the National Company Law Tribunal accepted the Petition and appointed an Interim Resolution Professional to the Company to oversee the Insolvency Process.
This company is no longer actively traded on any major stock exchange.
Business Summary
Petron Engineering Construction Limited is engaged in the business of engineering, procurement and construction of plants for oil and gas refineries, power, cement, petrochemical, fertilizer and other industries. The Company's geographical segments are Within India and Outside India. The Company also provides electrical and instrumentation services, and insulation and refractory application/maintenance services. The Company's divisions include Petron Mechanical Division, Rockwool Insulation Division and Petrofab Division. The Company offers a complete package for fired heaters in refineries and petrochemical plants, construction of cement plants and installation and commissioning of boilers and auxiliaries, as well as balance of plant works in power plants. The Company has mechanical fabrication and manufacturing facilities in Maharashtra and Gujarat regions.

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
9/30/20193/31/2019Yes----

Industries
SIC Code Description
8711 Engineering services
1541 General contractors-industrial buildings and warehouses
1799 Special trade contractors, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chief Financial Officer HimanshuMohapatra 1/1/2015 1/1/2015
Chief Operating Officer G. K.Roy 3/8/2013 10/5/2012
Compliance Officer, Company Secretary RashmiPatkar 5/12/2017 5/12/2017
6 additional Officers and Directors records available in full report.

Business Names
Business Name
530381
Petron Engineering Construction Ltd.
PETRONENGG

General Information
Outstanding Shares: 7,538,400 (As of 9/30/2019)
Shareholders: 6,620
Stock Exchange: BOM
Fax Number: +91 2240856250


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Friday, July 21, 2023