The Maharashtra Agro Industries Development Corporation Profile
Key Indicators
- Authorised Capital ₹ 8.00 Cr
- Paid Up Capital ₹ 5.50 Cr
- Company Age 59 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 60.52 Cr
- Revenue Growth -17.68%
- Profit Growth 15934.18%
- Ebitda -18.36%
- Net Worth 1.90%
- Total Assets 18.65%
About The Maharashtra Agro Industries Development Corporation
The Maharashtra Agro Industries Development Corporation Limited (TMAIDCL) was founded in India on 15 December 1965 and has a glorious history of 59 years and one month. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Agriculture 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 8.00 Cr and a paid-up capital of Rs 5.50 Cr.
The company has closed loans amounting to ₹60.52 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Dhananjay Munde, Chandrashekhar Lohi, Anoop Srivastava, and Two other members serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U05000MH1965SGC013380
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Company No.
013380
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Company Classification
Private Limited State Government Company
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Incorporation Date
15 Dec 1965
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Date of AGM
12 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
What products or services does The Maharashtra Agro Industries Development Corporation Limited offer?
The Maharashtra Agro Industries Development Corporation Limited offers a wide range of products and services, including Cooking Spices and Masala, Cooking Paste, Juices, Soups & Soft Drinks, Fruit Juice, Mango Juice, Fruit Drinks, Orange Juice, Preserved Fruits, Pineapple Slices, Jam.
Who are the key members and board of directors at The Maharashtra Agro Industries Development Corporation?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mangesh Gondavale
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Managing Director | 01-Sep-2023 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Sunil Chavan
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Director | 30-Nov-2022 | Current |
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Dhananjay Munde
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Director | 14-Jul-2023 | Current |
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Chandrashekhar Lohi
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Director | 22-Feb-2013 | Current |
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Anoop Srivastava
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Director | 12-Jun-2023 | Current |
Financial Performance of The Maharashtra Agro Industries Development Corporation.
The Maharashtra Agro Industries Development Corporation Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 17.68% decrease. The company also saw a substantial improvement in profitability, with a 15934.18% increase in profit. The company's net worth moved up by a moderate rise of 1.9%.
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What is the Ownership and Shareholding Structure of The Maharashtra Agro Industries Development Corporation?
In 2021, The Maharashtra Agro Industries Development Corporation had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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The Kerala Agro Industries Corporation LimitedChandrashekhar Lohi is a mutual person
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Dr. Babasaheb Ambedkar Samata PratishthanDhananjay Munde is a mutual person
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Odisha Agro Industries Corporation Limited
Chandrashekhar Lohi is a mutual person
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Annasaheb Patil Arthik-Magas Vikas Mahamandal Maryadit
Anoop Srivastava is a mutual person
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Maharashtra Insectcides Limited
Mangesh Gondavale is a mutual person
Charges (Loans)
₹0
₹60.52 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 40.00 Cr
- Indian Bank : 20.52 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Jun 2009 | Indian Bank | ₹5.22 M | Satisfied |
| 28 May 2007 | Indian Bank | ₹10.00 Cr | Satisfied |
| 27 Apr 2007 | Indian Bank | ₹10.00 Cr | Satisfied |
| 10 Jan 2005 | State Bank Of India | ₹20.00 Cr | Satisfied |
| 04 Jan 2005 | State Bank Of India | ₹20.00 Cr | Satisfied |
How Many Employees Work at The Maharashtra Agro Industries Development Corporation?
The Maharashtra Agro Industries Development Corporation has a workforce of 220 employees as of Apr 01, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of The Maharashtra Agro Industries 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 The Maharashtra Agro Industries Development Corporation'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.
