About
Basic Data Updated:
16 days agoAkar Auto Industries Limited, previously known as Akar Tools Limited, is a renowned company in the manufacturing industry. Its credit rating report confirms its involvement in the production of hand tools, leaf springs for major auto and non-auto original equipment manufacturers (OEMs), and precision-engineered forging components. The company boasts a diverse product portfolio, including tool kits and forging products. Its esteemed clientele comprises prominent names such as Ashok Leyland, Bajaj, BHEL, and Force Motors, among others. The company was established in 1989 and has its registered office situated in Mumbai, Maharashtra.
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
| CIN/LLPIN/FCRN | L29220MH1989PLC052305 |
| Company No. | 052305 |
| Stock Symbol | BSE : 530621 |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 21 Jun 1989 |
| Date of AGM | 22 Sep 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Listed |
| ROC Code | Roc Mumbai |
Products or Services related to Akar Auto Industries Limited
Plier
Combination Wrenches
Wheel Spanner
Spanners
Financials of Akar Auto Industries Limited
Akar Auto Industries Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 41.88% increase. The company also saw a substantial improvement in profitability, with a 341.77% increase in profit. The company's net worth Soared by an impressive increase of 26.83%.
Enhance accessibility to Akar Auto Industries's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.
Corporate Structure
Unlock access to Akar Auto Industries's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Akar Auto Industries Limited
Unlock and access historical data on people associated with Akar Auto Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
ST
Sunil Todi
Managing DirectorAppointment Date: 16-Sep-2015
Status: Current
PG
Pawan Gupta CFOAppointment Date: 29-Jun-2020
Status: Current
RR
Radhyeshyam Rathi Company SecretaryAppointment Date: 14-Aug-2023
Status: Current
Board Members(6)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 28 Nov 2023 | ₹4.00 Cr | Open |
Hdfc Bank Limited Creation Date: 28 Sep 2023 | ₹2.26 M | Open |
Hdfc Bank Limited Creation Date: 20 Sep 2023 | ₹10.00 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Akar Auto Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Akar Auto Industries's trajectory.
Rating
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Alert
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Related Corporates (Common Directorship)
R. L. Steels & Energy Limited.
Active
38 years 9 months Sunil Todi, Narendra Gupta and 1 more are mutual person
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Active 7 years 7 months Ulhas Gaoli is a mutual person
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Active 4 years 8 months Ulhas Gaoli is a mutual person
Recent activity within the organization
Charges
A charge registered on 10 Jan 2019 via Charge ID 100230053 with Others was fully satisfied on 06 Dec 2023.
06 Dec 2023Charges
A charge with State Bank Of India amounted to Rs. 4.00 cr with Charge ID 100824751 was registered on 28 Nov 2023.
28 Nov 2023Charges
A charge with Canara Bank of Rs. 60.30 cr registered on 22 Jan 2004 with Charge ID 90241087 was modified on 13 Oct 2023.
13 Oct 2023Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.23 cr with Charge ID 100837996 was registered on 28 Sep 2023.
28 Sep 2023Annual General Meeting
Akar Auto Industries Limited last Annual general meeting of members was held on 22 Sep 2023 as per latest MCA records.
22 Sep 2023
Frequently asked questions
What is the Incorporation or founding date of Akar Auto Industries Limited?
