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BGR Energy Systems Ltd
443, Anna Salai, Teynampet
Phone: +91 4424301000p:+91 4424301000 CHENNAI, 600018  India Ticker: BGRENERGYBGRENERGY
On 4/3/2024, the National Company Law Tribunal, Amaravti bench admitted an Insolvency Petition filed against BGR Energy Systems Ltd. by its operational creditor, RDC Concrete India Private Ltd. initiating Corporate Insolvency Resolution Process (CIRP) against the Company
P.V.B. Sudhakararao has been appointed as the Interim Resolution Professional for the Company
Business Summary
BGR Energy Systems Limited is an India-based manufacturer of capital equipment for power plants, petrochemical industries, refineries, process industries. The Company undertakes turnkey balance of plant (BOP) and engineering procurement and construction (EPC) contracts for power plants. Its segments include Capital Goods and Construction, and EPC Contracts. The Company has five business units: power projects, electrical projects, oil and gas equipment, environmental engineering and air fin coolers. Its power projects business includes turnkey engineering, procurement and construction (EPC) of thermal/gas-based power plants, supply of sub critical steam generators up to 500 megawatts (MW) and others. Its electrical projects business includes turnkey solutions for gas insulated switchgears (GIS) substations, EHV transmission lines, plant electricals and rural electrification. Its oil and gas equipment business includes process equipment package and systems and compressor packaging.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/20243/31/2024Yes----

Industries
SIC Code Description
1623 Water, sewer, pipeline, and communications and power line construction
1629 Heavy construction, not elsewhere classified
1541 General contractors-industrial buildings and warehouses
8711 Engineering services
3621 Motors and generators
3511 Steam, gas, and hydraulic turbines, and turbine generator set units
3533 Oil and gas field machinery and equipment
3585 Air-conditioning and warm air heating equipment
3559 Special industry machinery, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Non-Independent Chairman of the Board SasikalaRaghupathy 9/25/2013
Chief Financial Officer S.Pattabiraman 57 5/30/2024 5/30/2024
Chief Compliance Officer, Company Secretary S.Sundar 6/10/2024 6/10/2024
5 additional Officers and Directors records available in full report.

Business Names
Business Name
532930
BGR Boilers Private Limited
BGR Turbines Company Private Limited
BGRENERGY
Progen Systems and Technologies Limited
Sravanaa Properties Limited

General Information
Number of Employees: 1,813 (As of 3/31/2020)
Outstanding Shares: 72,161,560 (As of 9/30/2024)
Shareholders: 98,548
Stock Exchange: NSE
Fax Number: +91 4424364656


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Monday, December 2, 2024