Maharashtra State Handlooms Corporation Limited logo

Maharashtra State Handlooms Corporation Limited

Supporting handloom weavers through employment, equipment, materials, training, and trading of finished products and handicrafts.

1971 Nagpur, Maharashtra (India) Active

About

Basic Data Updated:

17 days ago

The business of providing employment to handloom weavers and promoting the welfare and growth of artisans and weavers is the main focus of Maharashtra State Handlooms Corporation Limited. This company is actively involved in supplying necessary equipment and accessories for the handloom industry, as well as procuring raw materials and purchasing finished products. In addition, MSHCL operates dye houses and processing plants, providing training and financial assistance to support the handloom sector. Along with these services, the company also trades a variety of handloom products such as shirts, skirts, scarves, mufflers, stoles, bed covers, cushion covers, handicrafts, and table mats. Through its dedication to the handloom industry, MSHCL plays a crucial role in empowering weavers and promoting the rich heritage of handloom in Maharashtra.

Industry

Company Details

  • Location
    Nagpur, Maharashtra
  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU51504MH1971SGC015409
Company No.015409
Company ClassificationPrivate Limited State Government Company
Incorporation Date29 Oct 1971
Date of AGM18 Feb 2022
Date of Balance Sheet31 Mar 2021
Listing StatusUnlisted
ROC CodeRoc Mumbai

Products or Services related to Maharashtra State Handlooms Corporation Limited

44-45" grey TUSSAR MUNGA BAGHRU PRINTED FABRIC

Natural Fabric

Plain Multicolor COTTON NAPKINS

Napkins

Indrayani handlooms Multicolor Cotton Durries, Size: 5x7.5

Durries

Printed Winter Hoodie - 'Don't Cut The Tree' Design Printed

Winter Hoodies

product
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Maharashtra State Handlooms Corporation Limited offers a wide range of products and services, including: Apparel Fabrics & Clothing Textiles, Natural Fabric, Towels, Napkins & Handkerchieves, Napkins, Carpets & Rugs, Durries, Winter Wear & Accessories, Winter Hoodies.

Financials of Maharashtra State Handlooms Corporation Limited

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Maharashtra State Handlooms Corporation Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 55.89% decrease. The company also saw a substantial improvement in profitability, with a 36.4% increase in profit. The company's net worth dipped by a decrease of 2.85%.

Corporate Structure

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Unlock access to Maharashtra State Handlooms 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 Maharashtra State Handlooms Corporation Limited

Executive Team (1)

  • SU

    Sheetal Ugale In Managing Director

    Appointment Date: 12-Feb-2021

    Status: Current

Board Members(2)

Charges (Loans)

Open Charges

₹4.64 cr

LenderAmountStatus

State Bank Of India

Creation Date: 14 Mar 2022
₹6.40 MOpen

State Bank Of India

Creation Date: 05 Jun 1997
₹4.00 CrOpen

Deals i

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Gain comprehensive insights into the Deals and Valuation data of Maharashtra State Handlooms 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 Maharashtra State Handlooms Corporation's trajectory.

Rating

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Alert

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Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Related Corporates (Common Directorship)

  • Solapur-City Development Corporation Limited

    Solapur-City Development Corporation Limited

    Active build-icon 8 years 1 month

    Sheetal Ugale is a mutual person

Recent activity within the organization

  • Activity

    Director Appointment

    Anjum Bano Pathan Rashidkhan was appointed as a Director was appointed as a Director on 26 Apr 2022 & has been associated with this company since 2 years 15 days .

    26 Apr 2022
  • Activity

    Charges

    A charge with State Bank Of India amounted to Rs. 0.64 cr with Charge ID 100562028 was registered on 14 Mar 2022.

    14 Mar 2022
  • Activity

    Annual General Meeting

    Maharashtra State Handlooms Corporation Limited last Annual general meeting of members was held on 18 Feb 2022 as per latest MCA records.

    18 Feb 2022
  • Activity

    Balance Sheet

    Maharashtra State Handlooms Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai.

    31 Mar 2021
  • Activity

    Director Appointment

    Sheetal Basavaraj Teli Ugale was appointed as a Managing Director was appointed as a Managing Director on 12 Feb 2021 & has been associated with this company since 3 years 2 months .

    12 Feb 2021

Frequently asked questions

What is the Incorporation or founding date of Maharashtra State Handlooms Corporation Limited?

Maharashtra State Handlooms Corporation Limited was incorporated 52 years 6 months ago on 29 Oct 1971 with Registrar of Companies Roc Mumbai.

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