Flag Synthetics Limited
About Flag Synthetics Limited
Data last updated: 26 July 2025
Flag Synthetics Limited was a public limited company based in Indore, Madhya Pradesh, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It specialised in textile retail and distribution, a part of the broader home and lifestyle products sector. Incorporated on 25 March 1994.
Registered with ROC Gwalior under CIN U17297MP1994PLC008213.
Capital: an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It was led by directors including Prasanna Kasliwal and Amit Jhanwar.
Last AGM: 23 September 2022. Financial statements filed for year ended 31 March 2022. Office: 101 Gold Star Building 576 M.G. Road Opp. Treasure Island, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.71 Lakh, a growth of 6% compared to the previous year.
The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity.
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Registered Address101 Gold Star Building 576 M.G. Road Opp. Treasure Island, Indore, Madhya Pradesh, India – 452001
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IndustryHome & Lifestyle, Textile Retail & Distribution
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Business Activity of Flag Synthetics Limited
Flag Synthetics Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details for Flag Synthetics Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Flag Synthetics Limited
Flag Synthetics Limited is audited by Nilesh Subhash Agrawal & Associates for the financial year 2021. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Nilesh Subhash Agrawal & Associates | Locked | Locked | Locked |
Complete auditor history for Flag Synthetics Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Flag Synthetics Limited
Flag Synthetics Limited is currently managed by 3 directors, with 6 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasanna Kasliwal | Director | 01 Nov 2017 | 8 Years 8 Months | As last reported |
| Amit Jhanwar | Director | 16 Nov 2017 | 8 Years 8 Months | As last reported |
|
Brahaspati Bhatt
Also directs:
Vyanktesh Industrial Solutions Private Limited, Patni Industries Ltd, Shriniwas Polyfabrics And Packwell Private Limited and 1 more
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Director | 01 Nov 2017 | 8 Years 8 Months | As last reported |
Financials of Flag Synthetics Limited FY 2022 filings available
Flag Synthetics Limited reported revenue of ₹1.71 Lakh (up 6.00% YoY) for FY 2022.
Ten-year financial statements for Flag Synthetics Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Flag Synthetics Limited
Shareholding and ownership data for Flag Synthetics Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
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- FII and DII holdings
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Charges & Borrowings Flag Synthetics Limited
Flag Synthetics Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Flag Synthetics Limited
View historical data on people associated with Flag Synthetics Limited, including employment history and EPFO contributions.
Employee and EPFO history for Flag Synthetics Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Flag Synthetics Limited
GST registrations and filing compliance for Flag Synthetics Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
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Credit Ratings, Litigation & Regulatory Alerts for Flag Synthetics Limited
Credit ratings, litigation, and regulatory alerts for Flag Synthetics Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Flag Synthetics Limited
MSME payment history for Flag Synthetics Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
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Subsidiaries & Group Companies of Flag Synthetics Limited
Corporate group structure for Flag Synthetics Limited
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- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
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MCA Filings & Documents of Flag Synthetics Limited
MCA filings and documents for Flag Synthetics Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Flag Synthetics Limited
Frequently Asked Questions about Flag Synthetics Limited
Flag Synthetics Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Flag Synthetics Limited is a amalgamated public limited company in the home and lifestyle sector based in Indore, Madhya Pradesh, India. It was incorporated on 25 March 1994 and is registered under CIN U17297MP1994PLC008213. The company was amalgamated as per MCA records and no longer exists as a legal entity.
Flag Synthetics Limited was incorporated on 25 March 1994. Registered with ROC Gwalior.
The current directors of Flag Synthetics Limited are:
- Prasanna Kasliwal - Director
- Amit Jhanwar - Director
- Brahaspati Bhatt - Director
The CIN (Corporate Identification Number) of Flag Synthetics Limited is U17297MP1994PLC008213. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The primary industry of Flag Synthetics Limited is home and lifestyle. The company specifically operates in textile retail and distribution.