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What We Do

Contemporary Production Solutions

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Projects Complete
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Innovative Ideas
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Compliance Officer
Mr. Tushar Pawar
8th Floor, ATL Corporate Park, Saki Vihar Road,
Powai, Mumbai -400 072, Maharashtra, India
Contact No: 022-49186000
Registrar & Transfer Agent
M/s. Link Intime (India) Private Limited
C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg,
Vikhroli West, Mumbai – 400 083
Contact No: 022-49186000
Fax No: 022-49186060
Debenture Trustee
M/s. Axis Trustee Services Limited
The Ruby, 2nd Floor, 29 Senapati Bapat Marg,
Dadar West, Mumbai – 400 028
Contact No: (022) 62300451 / 62300437 / 62300446
SunPetro, a company promoted by Mr. Dilip Shanghvi was incorporated in 1995 and was engaged in production of Acetylene Carbon for more than two decades. In 2014, SunPetro diversified to the upstream hydrocarbon business to contribute to the energy security of India. SunPetro is committed to Petroleum Operations with least impact on environment. SunPetro is currently operating four Oil & Gas producing fields in Cambay basin Gujarat. In 2022, SunPetro has also been awarded additional five fields of which three are exploratory fields awarded in the OALP VI and VII rounds and two are discovered fields awarded in the DSF Round III. SunPetro has a highly experienced team of Scientists, Engineers, Project Management and Finance experts having rich experience in full gamut of Oil & Gas business. The Team has excellent exposure to all E&P activities from Reservoir to Custody Transfer (R to C) and Concept to Commissioning (C to C) to deal with all types of Onshore / Offshore, Conventional & Unconventional oil / gas fields including deep water development and operations. The team is mix of Industry stalwarts and young enthusiastic technically competent engineers and scientists from premiere institutes. The company is equipped with state-of-the-art interactive interpretation work center at its Mumbai office for complete analysis of available data, modelling and advanced interpretation of geology, geophysics, petrophysics, reservoir & production data with the leading software of the E&P industry for entire life cycle of oil and gas fields. The work center enables the team not only to carry out in-depth evaluation of assets for acquisition, but also to plan and execute efficient development strategy & reservoir management. SunPetro is committed for adoption of Good International Petroleum Industry Practices (GIPIP) and modern engineering practices in carrying out efficient, safe, prudent, environment friendly and sustainable petroleum operations.

Mr. Dilip S. Shanghvi

Managing Director

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Mr. Jimmi Desai

Director – Executive

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Ms. Karishma Shanghvi

Whole Time Director
Key Players in Company Leadership
  • Mr. Dilip S. Shanghvi Managing Director
  • Mr. Sudhir V. Valia (Director – Non-Executive, Non-Independent)
  • Mrs. Karishma A. Shanghvi (Whole Time Director)
  • Mr. Jimmi Desai (Director – Executive)
  • Mrs. Vibha D. Shanghvi (Director – Executive)
  • Ms. Vidhi Shanghvi (Director – Executive)
Committees of Board Corporate Social Responsibility Committee
  • Mrs. Vibha D. Shanghvi Chairperson | Director (Executive)
  • Mr. Jimmi Desai Member | Director (Executive)
Adhering to Legal Requirements with Statutory and Regulatory Compliance

Our company is subject to various laws, regulations, and standards that it must comply with in order to operate. Statutory and regulatory compliance is the process by which the company ensures that its operations align with these legal requirements. This includes compliance with environmental, health and safety, and labour laws, as well as industry-specific regulations and standards. Maintaining compliance helps the company avoid penalties and legal liabilities, while also demonstrating its commitment to ethical and responsible operations.

Assessing Financial Strength and Risk with Credit Rating
A credit rating is an assessment of the financial stability and creditworthiness of the company. It provides an independent evaluation of the company’s ability to repay its debts and meet its financial obligations. The credit rating is determined by credit rating agencies and is based on an analysis of the company’s financial statements, management quality, industry conditions, and other relevant factors. A higher credit rating indicates lower risk, which can result in lower borrowing costs and increased access to capital markets for the company.
CRISIL Limited has assigned a rating of AA/Stable for the Non-Convertible Debentures (NCD’s) issued by the Company and rating of A1+ for the Commercial Paper issued by the Company
Acuite Ratings & Research Limited has assigned a long-term rating of ‘ACUITE AA/Stable’ for the working Capital Demand Loan of the Company