About Asahi Industries Limited
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Asahi Industries Limited is a public limited company based in Thane, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 02 August 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L17120MH1993PLC073267. Its GSTIN is 26AAACA4327K1ZT (Dadra and Nagar Haveli and Daman and Diu). It is recorded as listed by MCA, but trading in its shares on BSE (514482) has been suspended, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹6.64 Cr. It was formerly known as Asahi Fibres Ltd and Asahi Fibres Limited. It is led by directors including Pushpendra Kumar Sanat Kumar Pandey and Manasi Indrajit Wadkar.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Ecomax Musrane Tal. Wada, Thane, Maharashtra, India – 421312.
As per MCA filings, the company has open charges of ₹43.4 Cr and satisfied charges of ₹98.55 Cr on record. Court records list 27 cases involving the company, including 11 filed by the company and 16 filed against it; 4 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in January 2005.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kslindustries.com.
Company details
Name history
Asahi Industries has undergone 2 name changes throughout its history. The company was previously known as Asahi Fibres Ltd, and Asahi Fibres Limited. The current legal name is Asahi Industries Limited.
| Company Name | Status |
|---|---|
| Asahi Industries Limited | Current |
| Asahi Fibres Ltd | Previous |
| Asahi Fibres Limited | Previous |
CIN history
Asahi Industries has one previous CIN (Corporate Identification Number): U17120MH1993PLC073267. The current CIN is L17120MH1993PLC073267, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L17120MH1993PLC073267 | Current |
| U17120MH1993PLC073267 | Previous |
Contact details
Asahi Industries Limited's registered office is in Thane, Maharashtra. Its website is kslindustries.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressEcomax Musrane Tal. Wada, Thane, Maharashtra, India – 421312
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Asahi 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
Financials of Asahi Industries Limited
FY 2020 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Asahi Industries Limited, buy the company report.
Board of directors of Asahi Industries Limited
Asahi Industries has 4 current directors and 29 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pushpendra Kumar Sanat Kumar Pandey | Director | 14 Dec 2015 | 10 Years 10 Months | Current |
| Manasi Indrajit Wadkar | Director | 10 Jan 2019 | 7 Years 9 Months | Current |
| Pradeep Kumar Gupta Also directs: Safex Realtor Private Limited | Additional Director | 15 Sep 2022 | 4 Years 1 Months | Current |
| Manojkumar Ramjee Sharma | Director | 10 Jan 2019 | 7 Years 9 Months | Current |
Auditor
Asahi Industries Limited is audited by RISHI SEKHRI AND ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RISHI SEKHRI AND ASSOCIATES | FY 2020 | 128216W |
Shareholding
The shareholding of Asahi Industries Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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To see the full shareholding pattern of Asahi Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Apr 2015 | 10569173 | Indusind Bank Ltd. | ₹10 Cr | Open | |
| 23 May 2011 | 10295678 | Indian Overseas Bank | ₹33.4 Cr | Open | |
| 18 Feb 2009 | 10152386 | Il & Fs Trust Company Limited | ₹90 Cr | Satisfied | |
| 26 Oct 1994 | 90159426 | Union Bank of India | ₹8.55 Cr | Satisfied |
To see the full charge records of Asahi Industries Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Asahi Industries Limited has 1 deal on record (1 acquisition); the latest was in January 2005.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2005 | Acquisition | ₹8.8 Lakh | Buyer: Jaybharat Textiles and Real Estate Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Asahi Industries Limited has 27 court cases on record: 11 filed by Asahi Industries, 16 filed against it. 4 cases are pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 4 | 1 |
| NCLAT | 9 | 9 | 3 |
| High courts | 6 | 3 | 0 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Ruchi World Wide Ltd | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Bank of Baroda | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Bank of Baroda | Disposed |
| Bombay High Court | Court case (SJ) | Filed against the company by Ruchi World Wide Ltd | Disposed |
| Bombay High Court | Court case (COMSS) | Filed against the company by Ruchi World Wide Ltd | Disposed |
To see the full case history of Asahi 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 Asahi Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Asahi Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 26AAACA4327K1ZT | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Asahi Industries Limited, buy the company report.
Recent activity
Asahi Industries Limited has 53 board changes on record since 2004: 28 appointments and 25 cessations. The latest: Pradeep Kumar Gupta was appointed as Additional Director on 15 Sep 2022.
52 earlier events are in the company report.
Frequently asked questions
Asahi Industries is an active public limited company based in Thane, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 02 August 1993 (33+ years old) and is registered under CIN L17120MH1993PLC073267.
Asahi Industries has 4 current directors:
- Pushpendra Kumar Sanat Kumar Pandey - Director
- Manasi Indrajit Wadkar - Director
- Pradeep Kumar Gupta - Additional Director
- Manojkumar Ramjee Sharma - Director
The latest financial statements of Asahi Industries on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Asahi Industries is 26AAACA4327K1ZT, registered in Dadra and Nagar Haveli and Daman and Diu.
The CIN (Corporate Identification Number) of Asahi Industries is L17120MH1993PLC073267. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asahi Industries is recorded as a listed company by MCA, but trading in its shares on BSE (514482) has been suspended, so they do not currently trade on a stock exchange.
Asahi Industries has 27 court cases on record: 11 filed by the company and 16 filed against it. 4 are pending. Most are in the district courts.
Asahi Industries was incorporated on 02 August 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
Asahi Industries has 1 deal on record (1 acquisition); the latest was in January 2005.
Pradeep Kumar Gupta was appointed as Additional Director on 15 Sep 2022. Manojkumar Ramjee Sharma ceased to be Director on 29 Mar 2022. Mahavir Dixit ceased to be Managing Director on 10 Jun 2019. Asahi Industries has 53 board changes on record in total.