Akshar Spintex Limited - manufacturing in Jamnagar, Gujarat, India. FY 2026 financials and compliance.
CIN L17291GJ2013PLC075677 Incorporated 19 June 2013 ROC Ahmedabad HQ Jamnagar, Gujarat, India
Active Listed - BSE: 541303 Public Limited Company manufacturing
Data last updated
Revenue · FY 2026
₹117.28 Cr
▲ 0.44% YoY
EBITDA · FY 2026
-₹83.92 Lakh
▼ 462.84% YoY
Net profit · FY 2026
-₹7.39 Cr
▼ 66.13% YoY
Authorised capital
₹82 Cr
Registered with MCA
Paid-up capital
₹78.75 Cr
Issued & subscribed
Open charges
₹7.76 Cr
Satisfied ₹50.76 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
28
Latest available

About Akshar Spintex Limited

Data last updated: 05 January 2026

Akshar Spintex Limited is a public limited company based in Jamnagar, Gujarat, India. It specialises in textile and fabric production, a part of the broader manufacturing sector. Incorporated on 19 June 2013, the company has been in operation for over 13 years.

Registered with ROC Ahmedabad under CIN L17291GJ2013PLC075677. Listed on BSE: 541303.

Capital: an authorised share capital of ₹82 Cr and a paid-up capital of ₹78.75 Cr. Formerly known as Akshar Spintex Private Limited. It is led by directors including Ilaben Dineshbhai Paghdar and Parshotam Vasoya.

Last AGM: 25 August 2025. Financial statements filed for year ended 31 March 2025. Office: Jamnagar, Gujarat.

As per the financials filed for FY 2025, the company reported a revenue of ₹119.05 Cr, a decline of 33% compared to the previous year.

The company has a workforce of approximately 28 employees as per the latest available data.

The company is associated with 1 brand - Akshar Spintex. As per MCA filings, the company has open charges of ₹7.76 Cr and satisfied charges of ₹50.76 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aksharspintex.in.

Company Details of Akshar Spintex Limited
CIN L17291GJ2013PLC075677
Registration Number 075677
Incorporation Date 19 June 2013
ROC Ahmedabad
Listing Status Listed (BSE: 541303)
Company Status Active
Date of Last AGM 25 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Social Media
  • Registered Address
    Revenue Survey No.102/2 Paiki Plot No. – 2 Village: Haripar Ranuja Road. Tal: Ka, Lavad., Jamnagar, Gujarat, India – 361013
  • Industry
    Manufacturing, Textile & Fabric Production
Company report
Akshar Spintex Limited - full intelligence report
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  • Shareholding pattern and group structure
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Financials, compliance, directors, charges, ownership and filings for Akshar Spintex Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Akshar Spintex Limited

Akshar Spintex Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L17291GJ2013PLC075677, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L17291GJ2013PLC075677 Current
U17291GJ2013PTC075677 Previous
U17291GJ2013PLC075677 Previous

Associated Brands with Akshar Spintex Limited

Akshar Spintex Limited operates one associated brand: Akshar Spintex. These brands represent Akshar Spintex Limited's diversified market presence and brand portfolio.

Brand Description Website
Various specialized yarns are manufactured by Akshar Spintex in India. aksharspintex.in

Competitors & Alternatives of Akshar Spintex Limited

Brands and companies operating in the same space as Akshar Spintex Limited include Gokaldas Exports, Radhamani Group, Brand Concepts and 5 more.

Competitor Description Location Founded
Gokaldas Exports Gokaldas Exports Apparel and clothing are manufactured and exported on contract. Bengaluru, India, India 1979
Radhamani Group Radhamani Group Sustainable garment manufacturing solutions are provided comprehensively. Bengaluru, India, India 2008
Brand Concepts Brand Concepts Contract manufacturing of bags, belts, wallets, and accessories is conducted. Indore, India, India 2007
Cupid Cupid Contract manufacturer of male & female condoms Nashik, India, India 1993
Shahi Shahi Garments are contract-manufactured by Shahi in apparel production. Faridabad, India, India 1974
Eastman Exports Eastman Exports Apparel products are manufactured under contract in India. Tiruppur, India, India 2003
SAPL Industries SAPL Industries Offers product development and manufacturing services to business customers in India. Mumbai, India, India 2001
Gokaldas Images Gokaldas Images Gokaldas Images is recognized as a pioneer in Indian apparel manufacturing. Bengaluru, India, India 1979

Business Activity of Akshar Spintex Limited

Akshar Spintex Limited is engaged in the principal business activity of manufacturing, with detailed activities including textile, leather and other apparel products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C2 Textile, leather and other apparel products *********

Auditor Details of Akshar Spintex Limited

Akshar Spintex Limited is audited by M/s H. B. Kalaria & Associates (ICAI peer reviewed, certificate valid till 2027-07-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
M/s H. B. Kalaria & Associates (ICAI peer reviewed, certificate valid till 2027-07-31) FY 2026 Declaration of unmodified opinion

Board of Directors of Akshar Spintex Limited

Akshar Spintex Limited is currently managed by 11 directors, with 28 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Ilaben Dineshbhai Paghdar Director 16 Aug 2016 9 Years 10 Months Current
Parshotam Vasoya Director 23 Aug 2021 4 Years 10 Months Current
Nirala Indubhai Joshi Director 17 Jan 2018 8 Years 5 Months Current
Harikrushna Shamjibhai Chauhan Whole-Time Director 17 Jan 2017 9 Years 5 Months Current
Rohit Bhanjibhai Dobariya Director 14 Mar 2018 8 Years 3 Months Current
Harry Paghdar Managing Director 21 May 2025 1 Years 1 Months Current
Showing 6 of 11 current directors. View all directors

Financials of Akshar Spintex Limited FY 2026 filings available

Akshar Spintex Limited reported revenue of ₹117.28 Cr (up 0.44% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2026
₹117.28 Cr ▲ 0.44%
Profit · FY 2026
-₹7.39 Cr ▼ 66.13%
EBITDA · FY 2026
-₹83.92 Lakh ▼ 462.84%
Revenue₹ Cr · Standalone0100200FY 2022: ₹172 Cr172FY 2022FY 2023: ₹136 Cr · -21.3% YoY136-21.3%FY 2023FY 2024: ₹175 Cr · +29.1% YoY175+29.1%FY 2024FY 2025: ₹117 Cr · -33.3% YoY117-33.3%FY 2025FY 2026: ₹117 Cr · +0.4% YoY117+0.4%FY 2026
Net Profit₹ Cr · Standalone-7.5-5-2.502.55FY 2022: ₹0 Cr0FY 2022FY 2023: ₹3 Cr (loss) · -2764400% YoY-2.8FY 2023FY 2024: ₹3 Cr · +225% YoY3.5+225%FY 2024FY 2025: ₹4 Cr (loss) · -228.7% YoY-4.4FY 2025FY 2026: ₹7 Cr (loss) · -66.1% YoY-7.4FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year02040Q1'25: ₹37 Cr · -3.7% YoY37-3.7%Q1'25Q2'25: ₹23 Cr · -46.8% YoY23.2-46.8%Q2'25Q3'25: ₹26 Cr · -42% YoY26-42%Q3'25Q4'25: ₹31 Cr · -36.5% YoY30.6-36.5%Q4'25Q1'26: ₹26 Cr · -29.3% YoY26.2-29.3%Q1'26Q2'26: ₹22 Cr · -3.7% YoY22.3-3.7%Q2'26Q3'26: ₹34 Cr · +32.3% YoY34.4+32.3%Q3'26Q4'26: ₹34 Cr · +12.5% YoY34.4+12.5%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Revenue from Operations ₹117.28 Cr ₹116.77 Cr ₹174.96 Cr ₹135.53 Cr ₹172.11 Cr
Other Income ₹3.81 Cr ₹2.28 Cr ₹2.96 Cr ₹2.39 Cr ₹3.46 Cr
Total Income ₹121.09 Cr ₹119.05 Cr ₹177.91 Cr ₹137.92 Cr -
Cost of Materials Consumed ₹82.79 Cr ₹84.53 Cr ₹112.68 Cr ₹118.06 Cr ₹122.53 Cr
Purchases of Stock-in-Trade ₹17.34 Cr ₹12.41 Cr ₹37.24 Cr ₹3.49 Cr ₹16.59 Cr
Changes in Inventories ₹2.13 Cr ₹3.8 Cr -₹2.52 Cr -₹1.26 Cr -₹1.66 Cr
Employee Benefit Expense ₹6.11 Cr ₹5.39 Cr ₹4.81 Cr ₹5.05 Cr ₹7.55 Cr
Finance Costs ₹41.17 Lakh ₹1.09 Cr ₹1.33 Cr ₹1.72 Cr ₹2.56 Cr
Depreciation & Amortisation ₹6.85 Cr ₹4.64 Cr ₹4.34 Cr ₹4.27 Cr -
Other Expenses ₹13.57 Cr ₹13.07 Cr ₹15.02 Cr ₹10.78 Cr ₹14.17 Cr
Total Expenses ₹129.2 Cr ₹124.92 Cr ₹172.9 Cr ₹142.11 Cr ₹165.96 Cr
Profit Before Exceptional Items & Tax -₹8.1 Cr -₹5.88 Cr ₹5.02 Cr -₹4.19 Cr -
Exceptional Items ₹0 ₹0 ₹0 ₹0 -
Profit Before Tax -₹8.1 Cr -₹5.88 Cr ₹5.02 Cr -₹4.19 Cr ₹9.62 Cr
Total Tax Expense -₹71.09 Lakh -₹1.43 Cr ₹1.56 Cr -₹1.43 Cr ₹2.64 Cr
Net Profit -₹7.39 Cr -₹4.45 Cr ₹3.46 Cr -₹2.76 Cr ₹1,000
Other Comprehensive Income ₹4.15 Lakh ₹2.83 Lakh ₹3.67 Lakh ₹17.23 Lakh -
Total Comprehensive Income -₹7.35 Cr -₹4.42 Cr ₹3.49 Cr -₹2.59 Cr -
EBITDA (computed) -₹83.92 Lakh -₹14.91 Lakh ₹10.69 Cr ₹1.8 Cr -
Basic EPS ₹-0.09 ₹-0.08 ₹0.12 ₹-1.11 -
Diluted EPS ₹-0.09 ₹0.08 ₹0.12 ₹-1.11 -
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹95.76 Cr ₹98.11 Cr ₹73.86 Cr ₹76.44 Cr
Non-current Assets ₹43.93 Cr ₹40.31 Cr ₹41.68 Cr ₹40.49 Cr
Current Assets ₹51.83 Cr ₹57.8 Cr ₹32.18 Cr ₹35.95 Cr
Property, Plant & Equipment ₹39.77 Cr ₹37.2 Cr ₹39.44 Cr ₹39.16 Cr
Inventories ₹38.82 Cr ₹42.74 Cr ₹24.1 Cr ₹17.38 Cr
Trade Receivables ₹5.13 Cr ₹7.73 Cr ₹5.03 Cr ₹12.13 Cr
Cash & Equivalents ₹2.01 Lakh ₹3.21 Lakh ₹53,000 ₹1.74 Lakh
Equity (Net Worth) ₹80.86 Cr ₹88.21 Cr ₹43.88 Cr ₹40.64 Cr
Equity Share Capital ₹78.75 Cr ₹78.75 Cr ₹30 Cr ₹25 Cr
Borrowings (Non-current) ₹3.12 Cr ₹3.87 Cr ₹8.99 Cr ₹8.31 Cr
Borrowings (Current) ₹1.92 Cr ₹2.07 Cr ₹9.99 Cr ₹9.36 Cr
Total Debt (computed) ₹5.03 Cr ₹5.94 Cr ₹18.98 Cr ₹17.67 Cr
Current Liabilities ₹11.57 Cr ₹5.83 Cr ₹20.39 Cr ₹27.38 Cr
Total Liabilities ₹14.9 Cr ₹9.9 Cr ₹29.97 Cr ₹35.8 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹7.68 Cr -₹29.15 Cr ₹4.77 Cr ₹9.84 Cr ₹1.91 Cr
Investing Cash Flow -₹7.69 Cr -₹2.68 Cr -₹4.5 Cr -₹17.99 Lakh -₹18.98 Lakh
Financing Cash Flow -₹1.32 Cr ₹34.62 Cr -₹27.41 Lakh -₹9.69 Cr -₹1.76 Cr
Capital Expenditure ₹0 ₹0 ₹4.61 Cr ₹22.37 Lakh -
Free Cash Flow (computed) ₹7.68 Cr -₹29.15 Cr ₹15.9 Lakh ₹9.61 Cr -
Dividends Paid ₹0 ₹0 ₹24.63 Lakh ₹0 ₹0
Net Change in Cash -₹1.33 Cr ₹2.79 Cr -₹76,000 -₹3.23 Lakh -₹3.7 Lakh
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹34.4 Cr ₹34.35 Cr ₹22.34 Cr ₹26.19 Cr ₹30.58 Cr ₹25.97 Cr ₹23.19 Cr ₹37.02 Cr ₹48.13 Cr ₹44.8 Cr ₹43.57 Cr ₹38.45 Cr
Other Income ₹1.22 Cr ₹1.62 Cr ₹46.79 Lakh ₹50.11 Lakh ₹85.16 Lakh ₹38.87 Lakh ₹39.47 Lakh ₹64.29 Lakh ₹70.4 Lakh ₹52.14 Lakh ₹86.42 Lakh ₹86.94 Lakh
Total Income ₹35.62 Cr ₹35.97 Cr ₹22.81 Cr ₹26.69 Cr ₹31.44 Cr ₹26.36 Cr ₹23.59 Cr ₹37.66 Cr ₹48.84 Cr ₹45.32 Cr ₹44.43 Cr ₹39.32 Cr
Cost of Materials Consumed ₹20.52 Cr ₹20.38 Cr ₹17.63 Cr ₹24.26 Cr ₹24.08 Cr ₹35.68 Cr ₹33.77 Cr ₹17.25 Cr ₹31.82 Cr ₹20.9 Cr ₹30.05 Cr ₹29.91 Cr
Purchases of Stock-in-Trade ₹4.68 Cr ₹12.41 Cr ₹0 ₹25.58 Lakh ₹1.25 Cr ₹10.09 Cr ₹0 ₹1.07 Cr ₹12.65 Cr ₹18.9 Cr ₹4.63 Cr ₹1.06 Cr
Changes in Inventories ₹2.52 Cr ₹2.18 Cr ₹45.3 Lakh -₹3.02 Cr ₹1.06 Cr -₹21.68 Cr -₹13.64 Cr ₹11.82 Cr -₹4.77 Cr -₹95.17 Lakh ₹2.22 Cr ₹97.58 Lakh
Employee Benefit Expense ₹1.85 Cr ₹1.46 Cr ₹1.45 Cr ₹1.36 Cr ₹1.63 Cr ₹1.25 Cr ₹1.21 Cr ₹1.3 Cr ₹1.58 Cr ₹1.02 Cr ₹1.22 Cr ₹99.11 Lakh
Finance Costs ₹8.51 Lakh ₹9.74 Lakh ₹10.9 Lakh ₹12.02 Lakh ₹12.98 Lakh ₹27.68 Lakh ₹32.05 Lakh ₹36.24 Lakh ₹39.01 Lakh ₹29.05 Lakh ₹35.5 Lakh ₹29.78 Lakh
Depreciation & Amortisation ₹1.74 Cr ₹1.82 Cr ₹1.69 Cr ₹1.59 Cr ₹1.16 Cr ₹1.16 Cr ₹1.17 Cr ₹1.15 Cr ₹1.12 Cr ₹1.07 Cr ₹1.07 Cr ₹1.07 Cr
Other Expenses ₹3.64 Cr ₹3.01 Cr ₹3.08 Cr ₹3.85 Cr ₹3.4 Cr ₹2.89 Cr ₹3.15 Cr ₹3.63 Cr ₹4.51 Cr ₹3.13 Cr ₹3.63 Cr ₹3.74 Cr
Total Expenses ₹35.02 Cr ₹41.34 Cr ₹24.41 Cr ₹28.42 Cr ₹32.71 Cr ₹29.66 Cr ₹25.98 Cr ₹36.58 Cr ₹47.32 Cr ₹44.35 Cr ₹43.17 Cr ₹38.05 Cr
Profit Before Exceptional Items & Tax ₹59.87 Lakh -₹5.37 Cr -₹1.6 Cr -₹1.73 Cr -₹1.27 Cr -₹3.29 Cr -₹2.39 Cr ₹1.08 Cr ₹1.52 Cr ₹97.08 Lakh ₹1.26 Cr ₹1.26 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹59.87 Lakh -₹5.37 Cr -₹1.6 Cr -₹1.73 Cr -₹1.27 Cr -₹3.29 Cr -₹2.39 Cr ₹1.08 Cr ₹1.52 Cr ₹97.08 Lakh ₹1.26 Cr ₹1.26 Cr
Total Tax Expense ₹98.84 Lakh -₹1.58 Cr ₹37.09 Lakh -₹49.41 Lakh -₹13.2 Lakh -₹95.92 Lakh -₹78.84 Lakh ₹45.01 Lakh ₹56.48 Lakh ₹27.49 Lakh ₹35.72 Lakh ₹36.39 Lakh
Net Profit -₹38.97 Lakh -₹3.8 Cr -₹1.97 Cr -₹1.24 Cr -₹1.14 Cr -₹2.33 Cr -₹1.6 Cr ₹63.21 Lakh ₹95.74 Lakh ₹69.59 Lakh ₹90.09 Lakh ₹90.09 Lakh
Other Comprehensive Income ₹2.03 Lakh ₹71,000 ₹71,000 ₹71,000 ₹7,000 ₹92,000 ₹92,000 ₹92,000 -₹9.2 Lakh ₹4.31 Lakh ₹4.31 Lakh ₹4.31 Lakh
Total Comprehensive Income -₹36.94 Lakh -₹3.79 Cr -₹1.96 Cr -₹1.23 Cr -₹1.14 Cr -₹2.32 Cr -₹1.59 Cr ₹64.13 Lakh ₹86.54 Lakh ₹73.9 Lakh ₹94.4 Lakh ₹94.4 Lakh
EBITDA (computed) ₹2.43 Cr -₹3.45 Cr ₹20.08 Lakh -₹1.61 Lakh ₹1.5 Lakh -₹1.86 Cr -₹89.98 Lakh ₹2.59 Cr ₹3.04 Cr ₹2.33 Cr ₹2.68 Cr ₹2.63 Cr
Basic EPS ₹0.00 ₹-0.05 ₹-0.02 ₹0.02 ₹-0.01 ₹-0.03 ₹-0.05 ₹0.02 ₹0.03 ₹0.03 ₹0.04 ₹0.36
Diluted EPS ₹0.00 ₹-0.05 ₹-0.02 ₹0.02 ₹-0.01 ₹-0.03 ₹-0.05 ₹0.02 ₹0.03 ₹0.03 ₹0.04 ₹0.36
Latest 12 quarters shown of 17 on record.
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Shareholding Pattern of Akshar Spintex Limited

As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 0.27%, retail and other public shareholders hold 99.73% of Akshar Spintex Limited. The company had 142,952 shareholders on record.

Promoters: 0.27%Retail & Others: 99.73%
Mar 2026
QUARTER
0.27% Promoters
99.73% Retail & Others
Promoter holding - history
Now 0.27% · Mar 2026High 50.62% · Sep 2022Low 0.27% · Oct 2024
0%13%26%39%52%Jun 2022Jun 2023Mar 2024Dec 2024Dec 2025Jun 2022: 50.48%Sep 2022: 50.62%Dec 2022: 43.75%Mar 2023: 43.75%Jun 2023: 43.75%Sep 2023: 43.75%Dec 2023: 37.57%Feb 2024: 15.23%Mar 2024: 12.04%Jun 2024: 11.62%Sep 2024: 0.72%Oct 2024: 0.27%Dec 2024: 0.27%Mar 2025: 0.27%Jun 2025: 0.27%Sep 2025: 0.27%Dec 2025: 0.27%Mar 2026: 0.27%50.62%0.27%0.27%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters0.27%0.27%0.27%0.27%0.27%0.27%
Public99.73%99.73%99.73%99.73%99.73%99.73%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023
Promoters0.27%0.27%12.04%43.75%
Public99.73%99.73%87.96%56.25%
Promoter change (YoY, %pts)+0.00-11.77-31.71-

Board & Governance of Akshar Spintex Limited

As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Akshar Spintex Limited has 6 directors - 3 independent and 3 executive. The board is chaired by HARIKRUSHNA SHAMJIBHAI CHAUHAN.

DirectorPositionOn board sinceListed boards
HARIKRUSHNA SHAMJIBHAI CHAUHAN Executive Director · Chairperson 2017-01-17 1
ILABEN DINESHBHAI PAGHDAR Executive Director 2019-08-16 1
ROHIT BHANJIBHAI DOBARIYA Non-Executive - Independent Director 2021-03-14 1
PARSHOTAM VASOYA Non-Executive - Independent Director 2021-08-23 1
BHAVIN JAYANTIBHAI KOTHIYA Non-Executive - Independent Director 2025-11-24 1
HARRY PAGHDAR Executive Director 2026-02-18 1
Board Committees
CommitteeMembers
Audit Committee ROHIT BHANJIBHAI DOBARIYA (Chairperson), PARSHOTAM VASOYA, ILABEN DINESHBHAI PAGHDAR
Nomination and remuneration committee ROHIT BHANJIBHAI DOBARIYA (Chairperson), PARSHOTAM VASOYA, BHAVIN JAYANTIBHAI KOTHIYA
Stakeholders Relationship Committee PARSHOTAM VASOYA (Chairperson), HARIKRUSHNA SHAMJIBHAI CHAUHAN, ILABEN DINESHBHAI PAGHDAR
Risk Management Committee HARIKRUSHNA SHAMJIBHAI CHAUHAN (Chairperson), ILABEN DINESHBHAI PAGHDAR, ROHIT BHANJIBHAI DOBARIYA
Corporate Social Responsibility Committee PARSHOTAM VASOYA (Chairperson), HARIKRUSHNA SHAMJIBHAI CHAUHAN, ILABEN DINESHBHAI PAGHDAR
Independent Director BHAVIN JAYANTIBHAI KOTHIYA
INDEPENDENT DIRECTORS PARSHOTAM VASOYA, ROHIT BHANJIBHAI DOBARIYA (Chairperson)
Internal Complaint (Sexual Harassment Complaint Redressal) Committee ILABEN DINESHBHAI PAGHDAR (Chairperson), HARIKRUSHNA SHAMJIBHAI CHAUHAN, HARRY PAGHDAR

Charges & Borrowings of Akshar Spintex Limited

Open charges
₹7.76 Cr
Satisfied charges
₹50.76 Cr
Breakdown by lending institutions
Others₹5.00 Cr
The South Indian Bank Limited₹2.76 Cr
Latest charge details
DateLenderAmountStatus
22 Aug 2023 Others ₹5 Cr Open
22 Feb 2019 The South Indian Bank Limited ₹2.76 Cr Open
09 Aug 2018 Others ₹2.41 Cr Satisfied
30 Jan 2014 State Bank of India ₹48.35 Cr Satisfied

Total charge records: 4 View all charges

Employees and EPFO Compliance at Akshar Spintex Limited

Akshar Spintex Limited has a workforce of 28 employees as of Apr 09, 2024.

Employee count
28
Active EPFO establishments
1
Employee growth
-3.45%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Akshar Spintex Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Akshar Spintex Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Akshar Spintex Limited

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Akshar Spintex Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Akshar Spintex Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Akshar Spintex Limited

MSME Payment Delays by Akshar Spintex Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Akshar Spintex Limited

Subsidiaries & Group Companies of Akshar Spintex Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Akshar Spintex Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Akshar Spintex Limited

MCA Filings & Documents of Akshar Spintex Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Akshar Spintex Limited

Directors
24 Nov 2025
Bhavin Jayantibhai Kothiya was appointed as a Additional Director on 24 Nov 2025 & has been associated with this company since 7 months 15 days.
Directors
27 Oct 2025
Namrata Jagdishbhai Seta was appointed as a Company Secretary on 27 Oct 2025 & has been associated with this company since 8 months 12 days.
Charges
17 Oct 2025
A charge with The South Indian Bank Limited of Rs. 2.76 Cr registered on 22 Feb 2019 with Charge ID 100256873 was modified on 17 Oct 2025.
Activity
25 Aug 2025
Akshar Spintex Limited last Annual general meeting of members was held on 25 Aug 2025 as per latest MCA records.
Directors
21 May 2025
Harry Paghdar was appointed as a Managing Director on 21 May 2025 & has been associated with this company since 1 year 1 month.
Directors
21 May 2025
Sureshkumar Chaturbhai Gajera was appointed as a Additional Director on 21 May 2025 & has been associated with this company since 1 year 1 month.

Frequently Asked Questions about Akshar Spintex Limited

Akshar Spintex Limited is an active public limited company in the manufacturing sector based in Jamnagar, Gujarat, India. It was incorporated on 19 June 2013 (13+ years old) and is registered under CIN L17291GJ2013PLC075677. Listed on BSE: 541303. The company has 28 employees.

Akshar Spintex Limited reported revenue of ₹119.05 Cr for FY 2025 (down 33.00% YoY).

The current directors of Akshar Spintex Limited are:

The primary industry of Akshar Spintex Limited is manufacturing. The company specifically operates in textile and fabric production. The company is currently active in this sector.

Yes. Akshar Spintex Limited is listed on BSE with code 541303.

Akshar Spintex Limited can be reached at the registered office: Revenue Survey No.1022 Paiki Plot No. – 2 Village: Haripar Ranuja Road. Tal: Ka, Lavad, Jamnagar, Gujarat, India – 361013, or through the website aksharspintex.in.

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