Tamilnadu Minorities Economic Development Corporation Limited

Provides loans at lower interest rates for minority communities to support economic up-liftment.

1999 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Tamilnadu Minorities Economic Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.05 Cr
  • Company Age 25 Year, 6 Months
  • Last Filing with ROC 31 Mar 2021
  • Revenue Growth 198.15%
  • Profit Growth 49.63%
  • Ebitda 27.10%
  • Net Worth 1.82%
  • Total Assets 10.24%

About Tamilnadu Minorities Economic Development Corporation

Tamilnadu Minorities Economic Development Corporation Limited (TMEDCL) is a leading Public Limited State Government Company incorporated in India on 31 August 1999 and has a history of 25 years and six months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 2.05 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Tamilnadu Minorities Economic Development Corporation Limited India is Dawood Banu as CEO. Charles Kumar, Darez Ahamed, Mohamedsahabudeen Mariam, and Nine other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U90009TN1999SGC043091

  • Company No.

    043091

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    31 Aug 1999

  • Date of AGM

    14 Mar 2023

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

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

Executive Team (2)

NameDesignationAppointment DateStatus
Mohamedsahabudeen Mariam Country flag representing In Managing Director19-Jun-2023Current
Dawood Banu Country flag representing In CEO04-Jul-2020Current

Board Members (10)

NameDesignationAppointment DateStatus
Darez Ahamed Country flag representing In Director 29-Feb-2024Current
Charles Kumar Country flag representing In Director 16-Sep-2024Current
Arun Kumar Country flag representing In Director 27-Sep-2022Current
Anil Kumar Country flag representing In Director 27-Jun-2023Current
Chandrasekaran Baskar Director 08-Aug-2024Current
Sambandam Subramanian Director 08-Sep-2023Current

Financial Performance of Tamilnadu Minorities Economic Development Corporation.

Tamilnadu Minorities Economic Development Corporation Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 198.15% increase. The company also saw a substantial improvement in profitability, with a 49.63% increase in profit. The company's net worth moved up by a moderate rise of 1.82%.

Tamilnadu Minorities Economic Development Corporation revenue growth over time
Tamilnadu Minorities Economic Development Corporation profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
198.15%
Revenue from Operations
195.47%
Total Assets
10.24%
Profit or Loss
49.63%
Net Worth
1.82%
EBITDA
27.10%

What is the Ownership and Shareholding Structure of Tamilnadu Minorities Economic Development Corporation?

In 2021, Tamilnadu Minorities Economic Development Corporation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Tamilnadu Minorities Economic Development Corporation?

Tamilnadu Minorities Economic Development Corporation has a workforce of 4 employees as of Oct 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Tamilnadu Minorities Economic Development Corporation Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Tamilnadu Minorities Economic Development Corporation, 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 Minorities Economic Development Corporation's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Minorities Economic Development Corporation

Recent activity within the organization

  • Director Appointment

    Charles Vijayaraj Kumar was appointed as a Director was appointed as a Director on 16 Sep 2024 & has been associated with this company since 5 months 15 days .

  • Director Appointment

    Chandrasekaran Baskar was appointed as a Director was appointed as a Director on 08 Aug 2024 & has been associated with this company since 6 months 24 days .

  • Director Appointment

    Fernandas Rathinaraja Chandrahasan was appointed as a Director was appointed as a Director on 23 Jul 2024 & has been associated with this company since 7 months 9 days .

  • Director Appointment

    Darez Ahamed was appointed as a Director was appointed as a Director on 29 Feb 2024 & has been associated with this company since 1 year 1 day .

  • Director Appointment

    Lakshmana Nirmalraj Perumal was appointed as a Director was appointed as a Director on 25 Sep 2023 & has been associated with this company since 1 year 5 months .

  • Annual General Meeting

    Tamilnadu Minorities Economic Development Corporation Limited last Annual general meeting of members was held on 14 Mar 2023 as per latest MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Tamilnadu Minorities Economic Development Corporation Limited?

    Tamilnadu Minorities Economic Development Corporation Limited was incorporated on 31 Aug 1999.

  • What is authorized share capital and paid-up capital of Tamilnadu Minorities Economic Development Corporation Limited?

    The authorized share capital of Tamilnadu Minorities Economic Development Corporation Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.05 Cr.

  • Who are the current board members & directors of Tamilnadu Minorities Economic Development Corporation Limited?

    Currently 13 directors are associated with Tamilnadu Minorities Economic Development Corporation Limited.

    • Charles Vijayaraj Kumar
    • Darez Ahamed
    • Mohamedsahabudeen Asia Mariam
    • Arun Kumar Prem Kumar
    • Anil Kumar
    • Dawood Basha Faritha Banu
    • Chandrasekaran Baskar
    • Sambandam Subramanian
    • Annor Basheerahmed Rafiulla
    • Dawood Basha Faritha Banu
    • Fernandas Rathinaraja Chandrahasan
    • Lakshmana Nirmalraj Perumal
    • Prabhu Govindan

  • What is the registered address of Tamilnadu Minorities Economic Development Corporation Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Tamilnadu Minorities Economic Development Corporation Limited is Kalsa Mahal Heritage Building 1St Floor, Chepauk India, Chennai, Tamil Nadu, 600005.

  • What is the corporate identification number (CIN) and company number of Tamilnadu Minorities Economic Development Corporation Limited?

    The corporate identification number (CIN) of Tamilnadu Minorities Economic Development Corporation Limited is U90009TN1999SGC043091 and the company number is 043091 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Tamilnadu Minorities Economic Development Corporation Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Tamilnadu Minorities Economic Development Corporation Limited has risen by 198.15%.

  • How many employees does Tamilnadu Minorities Economic Development Corporation Limited currently have?

    As Per 2021 financial reports, 4 employees are currently employed by Tamilnadu Minorities Economic Development Corporation Limited.

  • What change has been observed in the net worth of Tamilnadu Minorities Economic Development Corporation Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Tamilnadu Minorities Economic Development Corporation Limited has experienced an upsurge of 1.82%.

  • When was the last Balance Sheet of Tamilnadu Minorities Economic Development Corporation Limited filed with the ROC?

    The most recent Balance Sheet for Tamilnadu Minorities Economic Development Corporation Limited was filed with the ROC on 31 Mar 2021.

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