SG Mart Ltd Company Summary

SG Mart Ltd Summary

SG Mart Limited was originally incorporated as Jarigold Textiles Limited in April, 1985. Thereafter, the name of the Company was changed from Jarigold Textiles Limited to Kintech Renewables Limited on August 22, 2015 and further to SG Mart Limited on October 7, 2023. The Company is primarily engaged in the business of trading and processing of building material products. The companys product range include Hot-Rolled Coils, Steel Billets, Zinc Ingots, etc. It has a network of 5 operational service centres. Initially, Company was into the business of manufacture and selling of textile products. In year 2014-15, Mr. Jigar Shah and Mr. Ambalal Patel acquired 986,620 equity shares from the former promoters on March 31, 2015. Consequently, Mr. Jigar Shah and Mr. Ambalal Patel, appointed as Directors of the Company, took over the management of the Company w.e.f. 5th May, 2015. As the promoters of the companies, they engaged in the business of operation and maintenance of Independent Power Projects (IPPs), generation of renewable energy. The object relating to setting up Independent Power Project (IPPs) and generation of bio-energy, renewable energy viz. solar energy, wind energy, etc. was inserted in the main object of Memorandum of Association on 2nd July, 2015. The Company therefore on 15th July, 2015 changed the name of the Company from Jarigold Textiles Limited to Kintech Renewables Limited.During the year 2019-20, the Companys Wholly Owned Subsidiary (WOS) Company viz. Divine Windfarm Private Limited got merged with the Company by way of amalgamation and the said Scheme of Merger was given effect from 01st April, 2019.Company had altered its main objects and diversify the business activity into trading and initiated activities relating to B2B trading of building material products in FY 2023-24.The Company ventured into the renewable energy division, launching the supply of solar module mounting structures from April, 2025. The Company has incorporated SG Super 101 Private Limited as wholly owned subsidiary on August 6, 2024 to engage in metal processingand manufacturing, specializing in the heat and cold treatment of metals, production of metal components and products.