Kretto Syscon Ltd

Kretto Syscon Ltd

Kretto Syscon Ltd (formerly known as Ideal Texbuild Ltd) is a public limited company incorporated on 19th September 1994. The company has its registered office at Ahmedabad in the state of Gujarat. The main business of the company is textiles and building construction.During the Financial Year 2014-15 the Paid up share capital of the Company has been increased from Rs 1816960 to Rs 101816960 pursuant to allotment of 10000000 equity shares of Rs 10/- each under preferential allotment of the Company. During the Financial Year 2015-16 the Paid up share capital of the Company has been increased from Rs 101816960 to Rs 142543740 pursuant to allotment of 4072678 equity shares of Rs 10/- each under issue of fully paid Bonus shares of the Company.The Company has given loans and advances amounting to Rs. 142170825/- as per Section 186 of the Companies Act 2013 in FY 2015-16.During the FY 2016-17 the Company changed its name from Ideal Texbuild Limited to Kretto Syscon Limited with effect from 03 April 2017.The main business of company was changed from Textiles and Building Construction to Construction and Information Technology with effect from 09 March 2017.The registered office of the company was changed from the state of Gujarat to the state of Maharashtra on 28 June 2017.The Company has given loans and advances amounting to Rs. 145604146/- and invested Rs. 14500000/- as per Section 186 of Companies Act 2013 in FY 2016-17.The Company has given Loans and advances amounting to Rs. 152604150/-as per section 186 of the companies act 2013 in FY 2017-18.The Company has given Loans and advances amounting to Rs. 156203251/-as per section 186 of the companies act 2013 in FY 2018-19.