Karnataka Handloom Development Corporation Limited

Karnataka Handloom Development Corporation Limited

Providing raw materials to weavers, implementing welfare schemes, and exporting products under a brand.

1975 Dharwad, Karnataka (India) Active

About

Basic Data Updated:

23 days ago

The Karnataka Handloom Development Corporation Limited has been involved in the provision of raw materials to weavers, as well as the procurement of fabric from them in exchange for conversion charges. As the nodal agency for the implementation of various welfare schemes for weavers, both by the Government of Karnataka and the Government of India, the company plays a crucial role in their well-being. These schemes include the provision of living-cum-work sheds, health and life insurance, and group-saving schemes. The company's products are marketed under the brand name 'Priyadarshini' and are exported to several states in India, including New Delhi, Mumbai, Kolkata, West Bengal, Karnataka, and Tamil Nadu. Established in 1975, the company's registered office is located in Hubli, Karnataka.

Industry

Company Details

  • Location

    Dharwad, Karnataka, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU01820KA1975SGC002883
Company No.002883
Company ClassificationPublic Limited State Government Company
Incorporation Date03 Oct 1975
Date of AGM02 Mar 2022
Date of Balance Sheet31 Mar 2020
Listing StatusUnlisted
ROC CodeRoc Bangalore

Financials of Karnataka Handloom Development Corporation Limited

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Karnataka Handloom Development Corporation Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 29.98% decrease. The company also saw a substantial fall in profitability, with a 698.04% decrease in profit. The company's net worth observed a substantial decline by a decrease of 116.24%.

Corporate Structure

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Unlock access to Karnataka Handloom Development Corporation's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Karnataka Handloom Development Corporation Limited

Executive Team (3)

  • MR

    Mona Roat Managing Director

    Appointment Date: 17-Feb-2024

    Status: Current

  • KG

    Kirti Gumaste CFO

    Appointment Date: 01-Jun-2021

    Status: Current

  • SM

    Sannarangaiah Muddaiah In Managing Director

    Appointment Date: 30-May-2022

    Status: Current

Board Members(6)

Charges (Loans)

Open Charges Satisfied Charges

₹26.99 cr

₹22.62 cr

LenderAmountStatus

State Bank Of India

Creation Date: 09 Dec 2013
₹26.99 CrOpen

State Bank Of India

Creation Date: 03 Feb 2010
₹15.00 CrSatisfied

State Bank Of India

Creation Date: 29 Apr 1986
₹6.95 CrSatisfied

Deals i

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Gain comprehensive insights into the Deals and Valuation data of Karnataka Handloom Development Corporation, 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 Karnataka Handloom Development Corporation's trajectory.

Rating

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Alert

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Related Corporates (Common Directorship)

  • The Mysore Electrical Industries Limited

    The Mysore Electrical Industries Limited

    Active build-icon 79 years 3 months

    Pankaj Pandey is a mutual person

  • Power Company Of Karnataka Limited

    Power Company Of Karnataka Limited

    Active build-icon 16 years 9 months

    Pankaj Pandey is a mutual person

  • Ngef (Hubli) Limited

    Ngef (Hubli) Limited

    Active build-icon 34 years 10 months

    Mohammed Shariff is a mutual person

  • Mangalore Electricity Supply Company Limited

    Mangalore Electricity Supply Company Limited

    Active build-icon 22 years 22 days

    Pankaj Pandey is a mutual person

  • Karnataka Vidyuth Karkhane Limited

    Karnataka Vidyuth Karkhane Limited

    Active build-icon 49 years 3 months

    Pankaj Pandey is a mutual person

  • Karnataka State Textile Infrastructure Development Corporation Limited.

    Karnataka State Textile Infrastructure Development Corporation Limited.

    Active build-icon 30 years 3 months

    Thamenahalli Mohankumar is a mutual person

Recent activity within the organization

  • Activity

    Director Appointment

    Mona Roat was appointed as a Managing Director was appointed as a Managing Director on 17 Feb 2024 & has been associated with this company since 3 months 3 days .

    17 Feb 2024
  • Activity

    Director Appointment

    Sindhu Bhargavarama was appointed as a Nominee Director was appointed as a Nominee Director on 13 May 2022 & has been associated with this company since 2 years 8 days .

    13 May 2022
  • Activity

    Director Appointment

    Vishal Ravi was appointed as a Nominee Director was appointed as a Nominee Director on 08 Mar 2022 & has been associated with this company since 2 years 2 months .

    08 Mar 2022
  • Activity

    Annual General Meeting

    Karnataka Handloom Development Corporation Limited last Annual general meeting of members was held on 02 Mar 2022 as per latest MCA records.

    02 Mar 2022
  • Activity

    Director Appointment

    Pankaj Kumar Pandey was appointed as a Nominee Director was appointed as a Nominee Director on 05 Jun 2021 & has been associated with this company since 2 years 11 months .

    05 Jun 2021

Frequently asked questions

What is the Incorporation or founding date of Karnataka Handloom Development Corporation Limited?

Karnataka Handloom Development Corporation Limited was incorporated 48 years 7 months ago on 03 Oct 1975 with Registrar of Companies Roc Bangalore.

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