About
Basic Data Updated:
12 days agoVaswani Industries Limited is known for its production of sponge iron and steel billets/ingots, which are manufactured at its plants in Chhattisgarh. The company's sponge iron is primarily utilized as a raw material for the production of mild steel billets/ingots, while its captive power plant ensures a steady supply of electricity to the manufacturing facility. According to a credit rating report, as of March 2015, the company had a production capacity of 90,000 metric tons per annum of sponge iron and 59,400 metric tons per annum of steel billets/ingots. VIL also operates a power plant with a capacity of 11.5 megawatts, of which 9 megawatts are sold to the Chhattisgarh State Electricity Board and Lanco Electricity Utility Limited in Haryana. The remaining 2.5 megawatts are used for in-h... Read More
Industry
Company Details
- Location
Raipur, Chattisgarh, India
- Website1222442
- Telephone1222442
- Email Address1222442
Products or Services related to Vaswani Industries Limited
Financials of Vaswani Industries Limited
Vaswani Industries Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.88% increase. The company also saw a substantial improvement in profitability, with a 35.92% increase in profit. The company's net worth moved up by a moderate rise of 5.45%.
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Corporate Structure
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People in Vaswani Industries Limited
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Executive Team (2)
- Kushal Vaswani CFO
Appointment Date: 24-Apr-2019
Status: Current
MM
Monali Makhija Company SecretaryAppointment Date: 06-Mar-2024
Status: Current
Board Members(6)
Charges (Loans)
Lender | Amount | Status |
---|---|---|
Hdfc Bank Limited Creation Date: 30 Dec 2022 | ₹3.78 M | Open |
Hdfc Bank Limited Creation Date: 30 May 2022 | ₹0.90 M | Open |
Others Creation Date: 20 Jan 2022 | ₹1.00 Cr | Open |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
C.G. Sponge Manufacturers Consortium Coa L Fields Llp
Active 7 years 5 monthsPawan Jha is a mutual person
Recent activity within the organization
Charges
A charge registered on 26 Jul 2022 via Charge ID 100605161 with Others was fully satisfied on 19 Mar 2024.
19 Mar 2024Director Appointment
Monali Makhija was appointed as a Company Secretary was appointed as a Company Secretary on 06 Mar 2024 & has been associated with this company since 1 month 27 days .
06 Mar 2024Director Appointment
Pawan Kumar Jha was appointed as a Additional Director was appointed as a Additional Director on 06 Mar 2024 & has been associated with this company since 1 month 27 days .
06 Mar 2024Annual General Meeting
Vaswani Industries Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
29 Sep 2023Balance Sheet
Vaswani Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chhattisgarh.
31 Mar 2023
Recent News, Updates & Announcement
- Board of Vaswani Industries appoints director.
Business Standard 01 Jul 2019
- Vaswani Industries Appointment.
4-Traders 16 Dec 2017
Frequently asked questions
What is the Incorporation or founding date of Vaswani Industries Limited?