

Tamilnadu Magnesite Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 16.65 Cr
- Company Age 46 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 6.53 Cr
- Revenue Growth 679.86%
- Profit Growth 237.42%
- Ebitda 226.11%
- Net Worth 96.81%
- Total Assets 15.45%
About Tamilnadu Magnesite
Tamilnadu Magnesite Limited (TML) is a leading Public Limited State Government Company incorporated in India on 17 January 1979 and has a history of 46 years and three months. Its registered office is in Salem, Tamil Nadu, India.
The Company is engaged in the Metals And Minerals Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 16.65 Cr.
The company has closed loans amounting to ₹6.53 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Tamilnadu Magnesite Limited India are Sivaramakrishnan Pushpalatha as CFO and Subramanian Sridharan as Company Secretary. Phanindra Kanamarla, Gopal Raju, Nagarajan Govindan, and Three other members serve as directors at the Company.
Company Details
- Location
Salem, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27109TZ1979SGC000834
- Company No.
000834
- Company Classification
Public Limited State Government Company
- Incorporation Date
17 Jan 1979
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Tamilnadu Magnesite?
Executive Team (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Ethirajalu Velraj | Managing Director | 13-Aug-2024 | Current |
Sivaramakrishnan Pushpalatha ![]() | CFO | 27-Mar-2015 | Current |
Subramanian Sridharan | Company Secretary | 24-May-2024 | Current |
Board Members (5)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Phanindra Kanamarla ![]() | Director | 28-Jun-2023 | Current |
Gopal Raju ![]() | Director | 09-Oct-2023 | Current |
Nagarajan Govindan ![]() | Director | 01-Jul-2022 | Current |
Ramu Kannan ![]() | Director | 31-Aug-2023 | Current |
Ganesan Thayalan ![]() | Director | 14-Nov-2024 | Current |
Financial Performance of Tamilnadu Magnesite.
Tamilnadu Magnesite Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 679.86% increase. The company also saw a substantial improvement in profitability, with a 237.42% increase in profit. The company's net worth Soared by an impressive increase of 96.81%.


- Key Matrics
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What is the Ownership and Shareholding Structure of Tamilnadu Magnesite?
In 2022, Tamilnadu Magnesite had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Phanindra Kanamarla, Ganesan Thayalan and 1 more are mutual person
- Tamil Nadu Fibrenet Corporation Limited
Ramu Kannan is a mutual person
- Tamilnadu Arasu Cable T.V. Corporation Public Limited
Ganesan Thayalan is a mutual person
- Tidel Park Limited
Ramu Kannan is a mutual person
Charges (Loans)
₹0
₹6.53 Cr
Charges Breakdown by Lending Institutions
- Industrial Development Bank Of India : 4.50 Cr
- Indian Overseas Bank : 1.31 Cr
- Canara Bank : 0.71 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
08 May 1997 | Indian Overseas Bank | ₹6.00 M | Satisfied |
14 Dec 1988 | Canara Bank | ₹3.00 M | Satisfied |
23 Sep 1988 | Indian Overseas Bank | ₹3.00 M | Satisfied |
30 Aug 1985 | Indian Overseas Bank | ₹2.50 M | Satisfied |
15 Jul 1985 | Canara Bank | ₹2.50 M | Satisfied |
How Many Employees Work at Tamilnadu Magnesite?
Unlock and access historical data on people associated with Tamilnadu Magnesite, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Tamilnadu Magnesite, 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 Tamilnadu Magnesite's trajectory.
Rating

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.
Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Tamilnadu Magnesite
Recent activity within the organization
- Director Appointment
Ganesan Kalaiarasi Arun Sundar Thayalan was appointed as a Director was appointed as a Director on 14 Nov 2024 & has been associated with this company since 6 months .
- Annual General Meeting
Tamilnadu Magnesite Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Director Appointment
Ethirajalu Saravana Velraj was appointed as a Managing Director was appointed as a Managing Director on 13 Aug 2024 & has been associated with this company since 9 months 1 day .
- Director Appointment
Subramanian Sridharan was appointed as a Company Secretary was appointed as a Company Secretary on 24 May 2024 & has been associated with this company since 11 months 21 days .
- Balance Sheet
Tamilnadu Magnesite Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
- Charges
A charge registered on 16 Nov 1984 via Charge ID 90002156 with Industrial Development Bank Of India was fully satisfied on 27 Dec 2023.
Frequently asked questions
What is the Incorporation or founding date of Tamilnadu Magnesite Limited?
Tamilnadu Magnesite Limited was incorporated on 17 Jan 1979.
What is authorized share capital and paid-up capital of Tamilnadu Magnesite Limited?
The authorized share capital of Tamilnadu Magnesite Limited is ₹ 50.00 Cr and paid-up capital is ₹ 16.65 Cr.
Who are the current board members & directors of Tamilnadu Magnesite Limited?
Currently 8 directors are associated with Tamilnadu Magnesite Limited.
- Phanindra Reddy Kanamarla
- Gopal Krishna Raju
- Nagarajan Govindan
- Ramu Kannan
- Ganesan Kalaiarasi Arun Sundar Thayalan
- Ethirajalu Saravana Velraj
- Sivaramakrishnan Pushpalatha
- Subramanian Sridharan
What is the registered address of Tamilnadu Magnesite Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Tamilnadu Magnesite Limited is 5/53Omalur Main Road Jagir Ammapalayam P O India, Salem, Tamil Nadu, 636302.
What is the corporate identification number (CIN) and company number of Tamilnadu Magnesite Limited?
The corporate identification number (CIN) of Tamilnadu Magnesite Limited is U27109TZ1979SGC000834 and the company number is 000834 as per Ministry of Corporate Affairs (MCA).
What is the official website of Tamilnadu Magnesite Limited?
The Official website of Tamilnadu Magnesite Limited is https://www.tanmag.org
What has been the recent revenue trend for Tamilnadu Magnesite Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Tamilnadu Magnesite Limited has risen by 679.86%.
What change has been observed in the net worth of Tamilnadu Magnesite Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Tamilnadu Magnesite Limited has experienced an upsurge of 96.81%.
When was the last Balance Sheet of Tamilnadu Magnesite Limited filed with the ROC?
The most recent Balance Sheet for Tamilnadu Magnesite Limited was filed with the ROC on 31 Mar 2024.
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