Thiru Arooran Sugars Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 0.50 M
- Company Age 70 Year, 8 Months
- Last Filing with ROC 31 Mar 2018
- Open Charges ₹ 1,007.00 Cr
- Satisfied Charges ₹ 1,180.11 Cr
- Revenue Growth -15.94%
- Profit Growth -827.68%
- Ebitda -269.09%
- Net Worth -47.77%
- Total Assets -12.63%
About Thiru Arooran Sugars
Thiru Arooran Sugars Limited (TASL) was founded in India on 12 July 1954 and has a glorious history of 70 years and eight months. Its registered office is in Chennai, Tamil Nadu, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 507450 and on the National Stock Exchange(NSE) under BZ : THIRUSUGAR.
The Company is engaged in the Food And Beverages Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2018. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹1,007.00 Cr. The company has closed loans amounting to ₹1,180.11 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Thiru Arooran Sugars Limited India are Balasubramanian Ramanathan as COMPANY SECRETARY and Chakravarthy Sathiyanarayanan as Cfo. Arulmanisekaran Varatharajan, Sivaprakasam Vasudevan, Sivaprakasam Rajasekaran, and One other member 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
U15421TN1954PLC002915
- Company No.
002915
- Stock Symbol
BSE : 507450 NSE : BZ : THIRUSUGAR
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
12 Jul 1954
- Date of AGM
31 Dec 2018
- Date of Balance Sheet
31 Mar 2018
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Food And Beverages
What products or services does Thiru Arooran Sugars Limited offer?
Thiru Arooran Sugars Limited offers a wide range of products and services, including Sugar, Pure Sugar.
Who are the key members and board of directors at Thiru Arooran Sugars?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nadessan Sivapragasam  | Managing Director | 10-Jun-2022 | Current |
| Balasubramanian Ramanathan | Company Secretary | Current | |
| Chakravarthy Sathiyanarayanan | CFO | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Arulmanisekaran Varatharajan | Additional Director | 10-Jun-2022 | Current |
| Sivaprakasam Vasudevan | Director | 10-Jun-2022 | Current |
| Sivaprakasam Rajasekaran | Additional Director | 10-Jun-2022 | Current |
Financial Performance of Thiru Arooran Sugars.
Thiru Arooran Sugars Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 15.94% decrease. The company also saw a substantial fall in profitability, with a 827.68% decrease in profit. The company's net worth observed a substantial decline by a decrease of 47.77%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Thiru Arooran Sugars?
In 2018, Thiru Arooran Sugars had a promoter holding of 62.32% and a public holding of 37.67%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Terra Energy LimitedArulmanisekaran Varatharajan, Sivaprakasam Vasudevan and 2 more are mutual person
Charges (Loans)
Open Charges
₹1,007.00 Cr
Satisfied Charges
₹1,180.11 Cr
Charges Breakdown by Lending Institutions
- Others : 907.00 Cr
- Hdfc Bank Limited : 100.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Aug 2024 | Others | ₹375.00 Cr | Open |
| 20 Aug 2024 | Others | ₹157.00 Cr | Open |
| 24 Mar 2024 | Others | ₹375.00 Cr | Open |
| 20 Mar 2024 | Hdfc Bank Limited | ₹100.00 Cr | Open |
| 30 Sep 2016 | Sbicap Trustee Company Limited | ₹294.83 Cr | Satisfied |
How Many Employees Work at Thiru Arooran Sugars?
Thiru Arooran Sugars has a workforce of 398 employees as of Mar 22, 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 Thiru Arooran Sugars, 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 Thiru Arooran Sugars'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 Thiru Arooran Sugars
Recent activity within the organization
- Charges
A charge registered on 16 Dec 2015 via Charge ID 100033534 with Others was fully satisfied on 18 Nov 2024.
- Charges
A charge with Others amounted to Rs. 375.00 Cr with Charge ID 100967966 was registered on 20 Aug 2024.
- Charges
A charge with Others amounted to Rs. 157.00 Cr with Charge ID 100975651 was registered on 20 Aug 2024.
- Charges
A charge registered on 09 Aug 2013 via Charge ID 10445647 with Dcb Bank Limited was fully satisfied on 18 Jul 2024.
- Charges
A charge registered on 27 Sep 2012 via Charge ID 10379641 with Dcb Bank Limited was fully satisfied on 18 Jul 2024.
- Charges
A charge registered on 26 Aug 2010 via Charge ID 10239053 with Development Credit Bank Limited was fully satisfied on 18 Jul 2024.
Recent News, Updates & Announcement
Thiru Aarooran Sugars flies into insolvency resolution process.The petition for resolution under the Bankruptcy Code was filed by SBI claiming dues of Rs 149.36 crore. .
- Auditors of Thiru Arooran Sugars resign.
The auditors were appointed for a five year term from 2017-18. “…..have submitted their resignation vide their letter dated February 4, stating that they are not in a position to undertake the Statutory Audit of the company,” the company informed the stock exchanges. .
Frequently asked questions
What is the Incorporation or founding date of Thiru Arooran Sugars Limited?
Thiru Arooran Sugars Limited was incorporated on 12 Jul 1954.
What is authorized share capital and paid-up capital of Thiru Arooran Sugars Limited?
The authorized share capital of Thiru Arooran Sugars Limited is ₹ 50.00 Cr and paid-up capital is ₹ 0.50 M.
Who are the current board members & directors of Thiru Arooran Sugars Limited?
Currently 6 directors are associated with Thiru Arooran Sugars Limited.
- Arulmanisekaran Varatharajan
- Sivaprakasam Vasudevan
- Sivaprakasam Rajasekaran
- Nadessan Sivapragasam
- Balasubramanian Ramanathan
- Chakravarthy Seshadri Sathiyanarayanan
What is the registered address of Thiru Arooran Sugars Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Thiru Arooran Sugars Limited is Eldorado Building V Floor 112 Uttamar Gandhi Salai Nunganbakkam, India, Chennai, Tamil Nadu, 600034.
What is the corporate identification number (CIN) and company number of Thiru Arooran Sugars Limited?
The corporate identification number (CIN) of Thiru Arooran Sugars Limited is U15421TN1954PLC002915 and the company number is 002915 as per Ministry of Corporate Affairs (MCA).
Is Thiru Arooran Sugars Limited registered with any stock exchange in India?
Yes, Thiru Arooran Sugars Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): BZ : THIRUSUGAR.
What is the official website of Thiru Arooran Sugars Limited?
The Official website of Thiru Arooran Sugars Limited is https://www.tasugars.in
What has been the recent revenue trend for Thiru Arooran Sugars Limited?
According to the financial reports for the fiscal year 2018, the revenue trend for Thiru Arooran Sugars Limited has fallen by -15.94%.
How many employees does Thiru Arooran Sugars Limited currently have?
As Per 2018 financial reports, 398 employees are currently employed by Thiru Arooran Sugars Limited.
What change has been observed in the net worth of Thiru Arooran Sugars Limited, and by what percentage?
The financial reports for the fiscal year 2018 indicates that The net worth of Thiru Arooran Sugars Limited has experienced an downturn of -47.77%.
What are the total open charges for Thiru Arooran Sugars Limited?
As per the financial statements for fiscal Year 2018, The total open charges for Thiru Arooran Sugars Limited amount to ₹ 1,007.00 Cr.
When was the last Balance Sheet of Thiru Arooran Sugars Limited filed with the ROC?
The most recent Balance Sheet for Thiru Arooran Sugars Limited was filed with the ROC on 31 Mar 2018.
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