Saffron Industries Limited logo

Saffron Industries Limited

Manufacturer of kraft and newsprint paper, listed on stock exchanges, based in Nagpur.

1993 Nagpur, Maharashtra (India) Active

About

Basic Data Updated:

2 months ago
Saffron Industries Limited (SIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 April 1993 and has a history of 31 years and five months. Its registered office is in Nagpur, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531436.

The Corporate was formerly known as Madhyadesh Papers Limited. The Company is engaged in the Manufacturing 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 78.00 cr and a paid-up capital of Rs 7.19 cr.

The Corporate has already closed loans amounting to ₹42.78 cr, and has no open charges as per the Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Saffron Industries Limited India are Anil Bajpai as Cfo and Mahesh Bhanarkar as Company Secretary. Vinod Maheshwari, Shriranga Maheshwari, Manoj Sinha, and Two other members serve as directors at the Company.

Industry

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNL21010MH1993PLC071683
Company No.071683
Stock Symbol BSE : 531436
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date20 Apr 1993
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusListed
ROC CodeRoc Mumbai

Financials of Saffron Industries Limited

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Saffron Industries Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.67% decrease. The company also saw a substantial improvement in profitability, with a 15.35% increase in profit. The company's net worth observed a substantial decline by a decrease of 16.48%.

Corporate Structure

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People in Saffron Industries Limited

Executive Team (2)

  • AB

    Anil Bajpai CFO

    Appointment Date: 28-Feb-2024

    Status: Current

  • MB

    Mahesh Bhanarkar Company Secretary

    Appointment Date: 11-Nov-2021

    Status: Current

Board Members(5)

Charges (Loans)

Satisfied Charges

₹42.78 cr

LenderAmountStatus

Asrec (India) Limited

Creation Date: 27 Feb 2008
₹3.80 CrSatisfied

Centurion Bank Ltd.

Creation Date: 11 Feb 2002
₹0.56 MSatisfied

Centurion Bank Ltd.

Creation Date: 31 May 2001
₹2.28 MSatisfied

Deals i

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Rating

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Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alert

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Related Corporates (Common Directorship)

  • Navabharat Infraventures Private Limited

    Navabharat Infraventures Private Limited

    Active build-icon 26 years 4 months

    Vinod Maheshwari is a mutual person

  • Nava Bharat Press (Nagpur) Pvt Ltd

    Nava Bharat Press (Nagpur) Pvt Ltd

    Active build-icon 41 years 9 months

    Vinod Maheshwari is a mutual person

  • Nava-Bharat Press Limited

    Nava-Bharat Press Limited

    Active build-icon 47 years 3 months

    Vinod Maheshwari is a mutual person

  • Madhyadesh Publications Private Limited

    Madhyadesh Publications Private Limited

    Active build-icon 24 years 5 months

    Vinod Maheshwari is a mutual person

  • Madhyadesh Press Private Limited

    Madhyadesh Press Private Limited

    Active build-icon 24 years 3 months

    Vinod Maheshwari is a mutual person

  • Navabharat Real Estate Private Limited

    Navabharat Real Estate Private Limited

    Active build-icon 40 years 6 months

    Vinod Maheshwari is a mutual person

Recent activity within the organization

  • Activity

    Director Appointment

    Anil Bajpai was appointed as a Cfo was appointed as a Cfo on 28 Feb 2024 & has been associated with this company since 6 months 26 days .

    28 Feb 2024
  • Activity

    Annual General Meeting

    Saffron Industries Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023
  • Activity

    Balance Sheet

    Saffron Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023
  • Activity

    Director Appointment

    Shriranga Vinod Maheshwari was appointed as a Director was appointed as a Director on 29 Mar 2022 & has been associated with this company since 2 years 5 months .

    29 Mar 2022
  • Activity

    Director Appointment

    Thomas George David was appointed as a Director was appointed as a Director on 10 Dec 2021 & has been associated with this company since 2 years 9 months .

    10 Dec 2021

Frequently asked questions

What is the Incorporation or founding date of Saffron Industries Limited?

Saffron Industries Limited was incorporated 31 years 5 months ago on 20 Apr 1993 with Registrar of Companies Roc Mumbai.

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