Tamilnadu Handloom Development Corporation Limited

Tamilnadu Handloom Development Corporation Limited

Provides textile weaving services and loans to handloom weavers.
1964 | Chennai, Tamil Nadu (India) | Active

Last Updated:

October 23, 2024
HomeCompanyTamilnadu Handloom Development Corporation Limited

Who are the key members and board of directors at Tamilnadu Handloom Development Corporation?

Executive Team (1)

NameDesignationAppointment DateStatus
Kanniappan Munusamy InManaging Director08-Jun-2022Current

Board Members(2)

NameDesignationAppointment DateStatus
Premgopal Viswanathan In Nominee Director 19-Jun-2018Current
Paulraj Selvaraj In Nominee Director 27-May-2024Current

Financial Performance and Corporate Structure Insights of Tamilnadu Handloom Development Corporation.

Tamilnadu Handloom Development Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 65.3% increase. The company also saw a substantial improvement in profitability, with a 14.26% increase in profit. The company's net worth moved up by a moderate rise of 3.41%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
65.30%
Revenue from Operations
494.77%
Total Assets
-29.03%
Profit or Loss
14.26%
Net Worth
3.41%
EBITDA
-13.85%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹6.17 Cr

LenderAmountStatus

State Bank Of Patiala

Creation Date: 30 Jan 1990
₹5.50 CrOpen

Indian Overseas Bank

Creation Date: 31 Aug 1977
₹1.50 MOpen

The Karur Vysya Bank Ltd

Creation Date: 11 Sep 1976
₹0.20 MOpen

How Many Employees Work at Tamilnadu Handloom Development Corporation?

Unlock and access historical data on people associated with Tamilnadu Handloom Development Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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Latest Updates, News, and FAQs on Tamilnadu Handloom Development Corporation

Recent activity within the organization

  • Director Appointment

    Paulraj Jerard Selvaraj was appointed as a Nominee Director was appointed as a Nominee Director on 27 May 2024 & has been associated with this company since 6 months 25 days .

    27 May 2024

  • Annual General Meeting

    Tamilnadu Handloom Development Corporation Limited last Annual general meeting of members was held on 29 Dec 2023 as per latest MCA records.

    29 Dec 2023

  • Balance Sheet

    Tamilnadu Handloom Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Kanniappan Munusamy was appointed as a Managing Director was appointed as a Managing Director on 08 Jun 2022 & has been associated with this company since 2 years 6 months .

    08 Jun 2022

  • Director Appointment

    Premgopal Thottapalli Viswanathan was appointed as a Nominee Director was appointed as a Nominee Director on 19 Jun 2018 & has been associated with this company since 6 years 6 months .

    19 Jun 2018

  • Charges

    A charge with State Bank Of Patiala of Rs. 5.50 Cr registered on 30 Jan 1990 with Charge ID 80051088 was modified on 11 Jun 2008.

    11 Jun 2008

Frequently asked questions

  • Tamilnadu Handloom Development Corporation Limited was incorporated on 10 Sep 1964.

  • The authorized share capital of Tamilnadu Handloom Development Corporation Limited is ₹ 1,000.00 Cr and paid-up capital is ₹ 4.29 Cr.

  • Currently 3 directors are associated with Tamilnadu Handloom Development Corporation Limited.

    • Premgopal Thottapalli Viswanathan
    • Kanniappan Munusamy
    • Paulraj Jerard Selvaraj
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tamilnadu Handloom Development Corporation Limited is Kuralagam Fourth Floor India, Chennai, Tamil Nadu, 600108.

  • The corporate identification number (CIN) of Tamilnadu Handloom Development Corporation Limited is U17111TN1964SGC005236 and the company number is 005236 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tamilnadu Handloom Development Corporation Limited has risen by 65.30%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tamilnadu Handloom Development Corporation Limited has experienced an upsurge of 3.41%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tamilnadu Handloom Development Corporation Limited amount to ₹ 6.17 Cr.

  • The most recent Balance Sheet for Tamilnadu Handloom Development Corporation Limited was filed with the ROC on 31 Mar 2023.

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