It is a financial services public not for profit company based in Chennai, Tamil Nadu, India, established in 2003.
2003 | Chennai, Tamil Nadu, India | ActiveMicro Finance Development Initiatives Of India, a active public not for profit company, was established on 01 January 2003 in Chennai, Tamil Nadu, India. Engaging in financial activities within the financial and insurance service sector, it holds CIN: U65999TN2003NPL050129. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹0.50 M.
It upholds a compliant status. Its leadership includes Helen Vanitha Solomon Sarojini (Additional Director), Sulochana Solomon (Director), Praveen Joseph (Director). Past directors included Anusuya Basavarajappa, Raj Bhakther Solomon, Praveen Joseph. Its latest AGM occurred on 30 November 2021, with the balance sheet filed on 31 March 2021. It is based at Joseph Centre, 60, Officers Colony 3Rd Street Mehta Nagar, Amainthakarai, Chennai, Tamil Nadu, 600029.
U65999TN2003NPL050129
050129
01 January 2003
₹2.50 M
₹0.50 M
Roc Chennai
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Helen Vanitha Solomon Sarojini | Additional Director | 02 Feb 2022 | Current |
| Sulochana Solomon | Director | 01 Jan 2003 | Current |
| Praveen Joseph | Director | 19 Jul 2018 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 02 Feb 2022 | Past |
| Pramod Abcsdd | Director | 17 Jul 2018 | Past |
| Pramod Abcsdd | Additional Director | 27 Sep 2018 | Past |
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Micro Finance Development Initiatives Of India, for the financial year ended 2020, experienced significant reduction in revenue, with a 30.47% decrease. The company also saw a substantial fall in profitability, with a 493.69% decrease in profit. The company's net worth observed a substantial decline by a decrease of 16.4%.
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In 2017, Micro Finance Development Initiatives Of India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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There are no open charges registered against the company as per our records.
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Progress on Helen Vanitha Solomon Sarojini was appointed as a Additional Director was appointed as a Additional Director on 02 Feb 2022 & has been associated with this company since 3 years 10 months . was documented.
Progress on Micro Finance Development Initiatives Of India last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records. was documented.
Micro Finance Development Initiatives Of India has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chennai. was recorded as a recent event.
The activity Praveen Joseph was appointed as a Director was appointed as a Director on 19 Jul 2018 & has been associated with this company since 7 years 5 months . was completed.
Progress on Sulochana Solomon was appointed as a Director was appointed as a Director on 01 Jan 2003 & has been associated with this company since 22 years 11 months . was documented.
Progress on Micro Finance Development Initiatives Of India was registered on 01 Jan 2003 with Roc Chennai & aged 22 years 11 months as per MCA records. was documented.
The CIN of Micro Finance Development Initiatives Of India is U65999TN2003NPL050129.
Micro Finance Development Initiatives Of India is headquartered at Joseph Centre, 60, Officers Colony 3Rd Street Mehta Nagar, Amainthakarai, Chennai, Tamil Nadu, 600029.
Micro Finance Development Initiatives Of India was incorporated on 01 January 2003.
The current directors of Micro Finance Development Initiatives Of India are
The primary industry of Micro Finance Development Initiatives Of India is Financial And Insurance Service.
Micro Finance Development Initiatives Of India is unlisted.
The authorized capital of Micro Finance Development Initiatives Of India is ₹2.50 M, and the paid-up capital is ₹0.50 M.
The compliance status of Micro Finance Development Initiatives Of India is Compliant.
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