Pranavaditya Spinning Mills Limited logo

Pranavaditya Spinning Mills Limited

Textile company specializing in cotton spinning and production of various types of yarn.

1990 Kolhapur, Maharashtra (India) Merged

The corporate selected is having status as amalgamated hence financial data is not available. You may check its last filed documents by making a request.

About

Basic Data Updated:

26 days ago

Pranavaditya Spinning Mills Limited is a company that specializes in the preparation and spinning of cotton fibers, including blended cotton. The textile segment is where the company operates. The company's plant, located in Kolhapur, Maharashtra, is equipped with approximately 22,368 spindles. At the Kolhapur Works, there are over 14 doublers. Yarn is produced from raw cotton at the company's plant. The plant has a capacity of approximately 3,500 metric tons per annum (P.A) for Combed Cotton Yarn. The product types offered by the company include ring spun yarn and twisted Two-For-One (TFO) double yarn for weaving, hosiery yarn for knitting, combed cotton (New English system (Ne) 20's-Ne 40's), slub (Ne 20's-Ne 40's), cotton core lycra (Ne 20's-Ne 40's), and blended and TFO (Ne 2/10-Ne 2/40's).

Industry

Company Details

  • Location

    Kolhapur, Maharashtra, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNL17119PN1990PLC058139
Company No.058139
Stock Symbol BSE : 531172
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date12 Sep 1990
Date of AGM10 Aug 2022
Date of Balance Sheet31 Mar 2022
Listing StatusListed
ROC CodeRoc Pune

Financials of Pranavaditya Spinning Mills Limited

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Pranavaditya Spinning Mills Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 33.97% decrease. The company also saw a substantial improvement in profitability, with a 112.23% increase in profit. The company's net worth moved up by a moderate rise of 3.02%.

Corporate Structure

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People in Pranavaditya Spinning Mills Limited

Executive Team (3)

  • AP

    Amruta Paranjape In Company Secretary

    Appointment Date: 09-Feb-2016

    Status: Current

  • NK

    Neeraj Kalaskar CEO

    Appointment Date: 29-Jul-2022

    Status: Current

  • MK

    Muralidharan Kasturirengan CFO

    Appointment Date: 03-Nov-2018

    Status: Current

Board Members(6)

Charges (Loans)

Satisfied Charges

₹716.59 cr

LenderAmountStatus

Union Bank Of India Limited

Creation Date: 15 Mar 2014
₹8.00 CrSatisfied

Union Bank Of India

Creation Date: 18 Dec 2013
₹4.00 CrSatisfied

State Bank Of India

Creation Date: 23 Nov 2011
₹29.12 CrSatisfied

Deals i

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Rating

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Alert

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Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    Annual General Meeting

    Pranavaditya Spinning Mills Limited last Annual general meeting of members was held on 10 Aug 2022 as per latest MCA records.

    10 Aug 2022
  • Activity

    Balance Sheet

    Pranavaditya Spinning Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Pune.

    31 Mar 2022
  • Activity

    Director Appointment

    Viswanathan Lakshmanan was appointed as a Director was appointed as a Director on 08 May 2019 & has been associated with this company since 5 years 9 days .

    08 May 2019
  • Activity

    Director Appointment

    Kala Agarwal was appointed as a Director was appointed as a Director on 07 Feb 2019 & has been associated with this company since 5 years 3 months .

    07 Feb 2019
  • Activity

    Director Appointment

    Muralidharan Kasturirengan was appointed as a Cfo was appointed as a Cfo on 03 Nov 2018 & has been associated with this company since 5 years 6 months .

    03 Nov 2018

Recent News, Updates & Announcement

Frequently asked questions

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

Pranavaditya Spinning Mills Limited was incorporated 33 years 8 months ago on 12 Sep 1990 with Registrar of Companies Roc Pune.

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