Katare Spinning Mills Limited logo

Katare Spinning Mills Limited

Manufactures and trades cotton yarn, operates a hotel and engages in solar power generation.

1980 Solapur, Maharashtra (India) Active

About

Basic Data Updated:

2 months ago
Katare Spinning Mills Limited (KSML) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 August 1980 and has a history of 44 years and one month. Its registered office is in Solapur, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 502933.

The Company is engaged in the Energy And Environment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 6.00 cr and a paid-up capital of Rs 2.85 cr.

The Corporate has already closed loans amounting to ₹20.11 cr, and has no open charges as per the Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Katare Spinning Mills Limited India are Kamal Katare as Cfo and Bhagyashree Rawani as Company Secretary. Kishore Katare, Umakant Mahindrakar, Vidyavati Katare, and Two other members serve as directors at the Company.

Industry

Company Details

  • Location

    Solapur, Maharashtra, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNL17119PN1980PLC022962
Company No.022962
Stock Symbol BSE : 502933
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date08 Aug 1980
Date of AGM29 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusListed
ROC CodeRoc Pune

Financials of Katare Spinning Mills Limited

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Katare Spinning Mills Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 70.17% decrease. The company also saw a substantial fall in profitability, with a 119.09% decrease in profit. The company's net worth dipped by a decrease of 4.48%.

Corporate Structure

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Unlock access to Katare Spinning Mills'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 Katare Spinning Mills Limited

Executive Team (3)

  • KK

    Kishore Katare In Managing Director

    Appointment Date: 08-Aug-1980

    Status: Current

  • KK

    Kamal Katare In CFO

    Appointment Date: 11-Apr-2019

    Status: Current

  • BR

    Bhagyashree Rawani Company Secretary

    Appointment Date: 10-Nov-2022

    Status: Current

Board Members(4)

Charges (Loans)

Satisfied Charges

₹20.11 cr

LenderAmountStatus

Bank Of India

Creation Date: 24 Sep 2013
₹9.00 CrSatisfied

Bank Of India

Creation Date: 30 Mar 2009
₹6.11 CrSatisfied

The Industrial Credit And Ivestment

Creation Date: 14 Aug 1997
₹5.00 CrSatisfied

Deals i

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Gain comprehensive insights into the Deals and Valuation data of Katare Spinning Mills, 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 Katare Spinning Mills's trajectory.

Rating

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Alert

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Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    Annual General Meeting

    Katare Spinning Mills Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023
  • Activity

    Balance Sheet

    Katare Spinning Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023
  • Activity

    Charges

    A charge registered on 24 Sep 2013 via Charge ID 10455075 with Bank Of India was fully satisfied on 12 Oct 2021.

    12 Oct 2021
  • Activity

    Charges

    A charge registered on 30 Mar 2009 via Charge ID 10158069 with Bank Of India was fully satisfied on 12 Oct 2021.

    12 Oct 2021
  • Activity

    Director Appointment

    Prakash Venkappa Joti was appointed as a Director was appointed as a Director on 11 Apr 2019 & has been associated with this company since 5 years 5 months .

    11 Apr 2019

Frequently asked questions

What is the Incorporation or founding date of Katare Spinning Mills Limited?

Katare Spinning Mills Limited was incorporated 44 years 1 month ago on 08 Aug 1980 with Registrar of Companies Roc Pune.

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