It is a manufacturing private limited company based in Salem, Tamil Nadu, India, established in 1981.
1981 | Salem, Tamil Nadu, India | ActiveGolden Spinning Mills Private Limited, a active private limited company, was established on 24 February 1981 in Salem, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17111TZ1981PTC001017. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹3.00 Cr.
Formerly known as Golden Spinning Mills Limited. It upholds a compliant status. Employing 88 professional, Its leadership includes Palaniappan Sundaram (Managing Director), Palaniappan Gunasekaran (Director). Past directors included Dhanasekaran Perumalmudaliar Murugesamudaliar, Balu Thirugnanam, Thangavel Ganesh. It holds ₹14.53 Cr open charges and ₹19.97 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 73/415, 1 St Agraharam 1 St Floor, Salem, Tamil Nadu, 636001.
U17111TZ1981PTC001017
001017
24 February 1981
₹3.00 Cr
₹3.00 Cr
Roc Coimbatore
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Palaniappan Sundaram | Managing Director | 02 Sep 1982 | Current |
| Palaniappan Gunasekaran | Director | 01 Feb 1984 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 27 May 2011 | Past |
| Pramod Abcsdd | Director | 27 May 2011 | Past |
| Pramod Abcsdd | Director | 04 Jul 2016 | Past |
| Pramod Abcsdd | Director | 27 May 2011 | Past |
| Pramod Abcsdd | Managing Director | 27 May 2011 | Past |
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Golden Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 32.05% decrease. The company also saw a substantial fall in profitability, with a 394.86% decrease in profit. The company's net worth observed a substantial decline by a decrease of 55.43%.
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In 2023, Golden Spinning Mills had a public holding of 25.65%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹145,297,548.00
₹199,726,928.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Apr 2024 | Others | ₹4.10 Cr | Open |
| 28 Dec 2021 | Others | ₹9.00 M | Open |
| 30 Apr 2018 | Others | ₹3.25 M | Open |
| 16 Sep 2015 | Others | ₹9.15 Cr | Open |
| 18 Jan 1984 | The Lakshmi Vilas Bank Ltd. | ₹0.60 M | Open |
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Golden Spinning Mills has a workforce of 88 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Gain comprehensive insights into the Deals and Valuation data of Golden Spinning Mills, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Golden Spinning Mills's trajectory.
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Progress on A charge registered on 11 Mar 2021 via Charge ID 100440148 with Others was fully satisfied on 10 Nov 2025. was documented.
The activity A charge registered on 11 Jun 2020 via Charge ID 100358153 with Others was fully satisfied on 10 Nov 2025. was completed.
Progress on A charge registered on 21 Aug 2019 via Charge ID 100300953 with Others was fully satisfied on 10 Nov 2025. was documented.
Progress on Golden Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.
A charge with Others amounted to Rs. 4.10 Cr with Charge ID 100957098 was registered on 12 Apr 2024. was recorded as a recent event.
Progress on Golden Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore. was documented.
The CIN of Golden Spinning Mills Private Limited is U17111TZ1981PTC001017.
Golden Spinning Mills Private Limited is headquartered at 73/415, 1 St Agraharam 1 St Floor, Salem, Tamil Nadu, 636001.
Golden Spinning Mills Private Limited was incorporated on 24 February 1981.
The current directors of Golden Spinning Mills Private Limited are
The primary industry of Golden Spinning Mills Private Limited is Manufacturing.
Golden Spinning Mills Private Limited is unlisted.
The authorized capital of Golden Spinning Mills Private Limited is ₹3.00 Cr, and the paid-up capital is ₹3.00 Cr.
The compliance status of Golden Spinning Mills Private Limited is Compliant.
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