Acclaim Industries Limited
About Acclaim Industries Limited
Data last updated:
Acclaim Industries Limited is a public limited company based in Maharashtra, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 20 November 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN L74950MH1991PLC068270. The company has 3 GST registrations on record, none of which is active. It is recorded as listed by MCA, but its shares were delisted from BSE on 11 May 2018 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹18.15 Cr. It was formerly known as Mukund Flexpack Limited and Elpro Packaging Limited. It is led by directors including Chandrakant Bhailal Chitalia and Nisha Harshad Thorve.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Flat No. 13 Saubhagya Apts. 3rd Floor Pavananagar Dist. Pune – 411033, Maharashtra, India.
The company is associated with 1 brand: Acclaim Industries. As per MCA filings, the company has open charges of ₹74 Cr on record. Court records list 25 cases involving the company, including 25 filed against it; 7 cases are pending. The company has 124 deals on record (124 market trades); the latest was in October 2015.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Name history
Acclaim Industries has undergone 2 name changes throughout its history. The company was previously known as Mukund Flexpack Limited, and Elpro Packaging Limited. The current legal name is Acclaim Industries Limited.
| Company Name | Status |
|---|---|
| Acclaim Industries Limited | Current |
| Mukund Flexpack Limited | Previous |
| Elpro Packaging Limited | Previous |
CIN history
Acclaim Industries has one previous CIN (Corporate Identification Number): U74950MH1991PLC068270. The current CIN is L74950MH1991PLC068270, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74950MH1991PLC068270 | Current |
| U74950MH1991PLC068270 | Previous |
Contact details
Acclaim Industries Limited's registered office is in Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressFlat No. 13 Saubhagya Apts. 3rd Floor Pavananagar Dist. Pune – 411033, Maharashtra, India
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Acclaim Industries Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Acclaim Industries operates one associated brand: Acclaim Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Industrial manufacturing operations are conducted in Pune, India. | acclaimindustries.com |
Financials of Acclaim Industries Limited
FY 2019 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Acclaim Industries Limited, buy the company report.
Board of directors of Acclaim Industries Limited
Acclaim Industries has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrakant Bhailal Chitalia | Director | 15 Jul 2015 | 11 Years 3 Months | Current |
| Nisha Harshad Thorve | Director | 06 Sep 2018 | 8 Years 1 Months | Current |
| Karsan Keshav Chitroda | Director | 29 Jan 2009 | 17 Years 9 Months | Current |
Shareholding
The shareholding of Acclaim Industries Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Acclaim Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jan 2012 | 10330081 | Others | ₹20 Cr | Open | |
| 28 Mar 2011 | 10277452 | Union Bank of India | ₹5 Cr | Open | |
| 23 Sep 2010 | 10241539 | Union Bank of India | ₹18 Cr | Open | |
| 03 May 2010 | 10219211 | Union Bank of India | ₹15.5 Cr | Open | |
| 29 Mar 2010 | 10219207 | Union Bank of India | ₹6.5 Cr | Open |
To see the full charge records of Acclaim Industries Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Acclaim Industries Limited has 124 deals on record (124 market trades); the latest was in October 2015.
Deals on record (5 of 124)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2014 | Market trade | ₹80,000 | Seller: Stylecheck Garments Private Limited |
| Apr 2014 | Market trade | ₹2.5 Lakh | Buyer: 3 individuals Seller: Margdarshan Trading Company Private Limited , an individual |
| Apr 2014 | Market trade | ₹5 Lakh | Buyer: 4 individuals Seller: Ram Laminates (Poona) Pvt Ltd , an individual |
| Mar 2014 | Market trade | ₹2.5 Lakh | Buyer: 2 individuals Seller: Value Plus Shares N Securities Private Limited , an individual |
| Feb 2014 | Market trade | ₹1.9 Lakh | Buyer: Value Plus Shares N Securities Private Limited , an individual Seller: 2 individuals |
To see the full deal history of Acclaim Industries Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Acclaim Industries Limited has 25 court cases on record: 25 filed against it. 7 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 21 | 7 |
| High courts | 4 | 4 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Timex Art Decor Pvt Ltd Through Nitin Jethalal Shah | Disposed |
| Bombay High Court | Company petition | Filed against the company by International Conveyors Ltd. | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Union of India Through Registrar of Companies, Pun | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Union of India | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Government of India | Pending |
To see the full case history of Acclaim Industries Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Acclaim Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Acclaim Industries has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Acclaim Industries Limited, buy the company report.
Recent activity
Acclaim Industries Limited has 29 board changes on record since 1998: 15 appointments and 14 cessations. The latest: Karsan Keshav Chitroda ceased to be Director on 15 Jun 2020.
30 earlier events are in the company report.
Frequently asked questions
Acclaim Industries is an active public limited company based in Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 20 November 1991 (35+ years old) and is registered under CIN L74950MH1991PLC068270.
Acclaim Industries has 3 current directors:
- Chandrakant Bhailal Chitalia - Director
- Nisha Harshad Thorve - Director
- Karsan Keshav Chitroda - Director
The latest financial statements of Acclaim Industries on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Acclaim Industries has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Acclaim Industries is L74950MH1991PLC068270. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Acclaim Industries is recorded as a listed company by MCA, but its shares were delisted from BSE on 11 May 2018 · compulsory delisting, and no longer trade on a stock exchange.
Acclaim Industries has 25 court cases on record: 25 filed against it. 7 are pending. Most are in the district courts.
Acclaim Industries was incorporated on 20 November 1991, making it 35+ years old. It is registered with the Registrar of Companies, Pune.
Acclaim Industries has 124 deals on record (124 market trades); the latest was in October 2015.
Karsan Keshav Chitroda ceased to be Director on 15 Jun 2020. Nisha Harshad Thorve ceased to be Director on 15 Jun 2020. Bipin Prakash Mhatre ceased to be Director on 06 Sep 2018. Acclaim Industries has 29 board changes on record in total.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
