About GSL (India) Limited
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GSL (India) Limited is a public limited company based in Narmada, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 08 January 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L17110GJ1982PLC004960. The company has 2 GST registrations on record, none of which is active. It is recorded as listed by MCA, but its shares were delisted from BSE on 04 Jul 2018 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹24.76 Cr. It was formerly known as Gujarat Spinners Limited. It is led by directors Balakrishnan Gurumurty and Rama Prasad.
Its last annual general meeting (AGM) was held on 25 September 2010, and its latest financial statements are for the year ended 31 March 2010. The registered office is at Village : Amletha Taluka : Rajpipla, Narmada, Gujarat, India – 393140.
As per MCA filings, the company has open charges of ₹113.71 Cr on record. Court records list 501 cases involving the company, including 177 filed by the company and 324 filed against it; 16 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website gslyarns.com.
Company details
CIN history
GSL (India) has one previous CIN (Corporate Identification Number): L17110GJ1982PTC004960. The current CIN is L17110GJ1982PLC004960, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L17110GJ1982PLC004960 | Current |
| L17110GJ1982PTC004960 | Previous |
Contact details
GSL (India) Limited's registered office is in Narmada, Gujarat.
- Registered AddressVillage : Amletha Taluka : Rajpipla, Narmada, Gujarat, India – 393140
- IndustryManufacturing, Textile & Fabric Production
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of GSL (India) Limited
FY 2010 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of GSL (India) Limited, buy the company report.
Board of directors of GSL (India) Limited
GSL (India) has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balakrishnan Gurumurty Also directs: Kerala Spinners Ltd | Director | 02 Apr 2012 | 14 Years 6 Months | Current |
| Rama Prasad | Director | 07 Dec 2011 | 14 Years 10 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jul 2000 | 90102822 | Indian Renewable Energy Dev. Agency Ltd. | ₹6.44 Cr | Open | |
| 19 Jul 2000 | 90103501 | Icici Ltd. | ₹51.17 Cr | Open | |
| 30 Mar 2000 | 90103743 | Icici Ltd. | ₹2 Cr | Open | |
| 25 Mar 1998 | 90103715 | Icici Ltd. | ₹10 Cr | Open | |
| 28 Mar 1997 | 90103694 | Industrial Credit and Investment Corpn. of India Ltd. | ₹5 Cr | Open |
To see the full charge records of GSL (India) Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
GSL (India) Limited has 501 court cases on record: 177 filed by GSL (India), 324 filed against it. 16 cases are pending and 485 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 257 | 235 | 11 |
| High courts | 239 | 87 | 5 |
| Supreme Court | 5 | 2 | 0 |
Cases on record (5 of 501)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed against the company by M/S Nivik Industries Pvt. Ltd. | Pending |
| District court, Narmada, Gujarat | Commercial matter | Filed against the company by Shreejikrupa Spinners Private Limited | Pending |
| District court, Vadodara, Gujarat | Commercial matter | Filed against the company by Reliance Industries Ltd | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Reliance Industries Limited and 5 others | Pending |
| High Court, GUJARAT | Special civil application | Filed against the company by Dakshin Gujarat Vij Company Limited and 1 other | Disposed |
To see the full case history of GSL (India) Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for GSL (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
GSL (India) has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of GSL (India) Limited, buy the company report.
Recent activity
GSL (India) Limited has 12 board changes on record since 1982: 7 appointments and 5 cessations. The latest: Jagdishbhai Dolabhai Patel ceased to be Director on 26 Feb 2015.
31 earlier events are in the company report.
Frequently asked questions
GSL (India) is an active public limited company based in Narmada, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 08 January 1982 (44+ years old) and is registered under CIN L17110GJ1982PLC004960.
GSL (India) has 2 current directors:
- Balakrishnan Gurumurty - Director
- Rama Prasad - Director
The latest financial statements of GSL (India) on record with the MCA are for the year ended 31 March 2010. Its last annual general meeting was held on 25 September 2010. Year-wise statements from 2015 are in the company report.
No. GSL (India) has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of GSL (India) is L17110GJ1982PLC004960. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GSL (India) is recorded as a listed company by MCA, but its shares were delisted from BSE on 04 Jul 2018 · compulsory delisting, and no longer trade on a stock exchange.
GSL (India) has 501 court cases on record: 177 filed by the company and 324 filed against it. 16 are pending. Most are in the district courts.
GSL (India) was incorporated on 08 January 1982, making it 44+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jagdishbhai Dolabhai Patel ceased to be Director on 26 Feb 2015. Balakrishnan Gurumurty was appointed as Director on 02 Apr 2012. Sunil Radheshyam Shah ceased to be Director on 02 Apr 2012. GSL (India) has 12 board changes on record in total.
GSL (India) can be reached through the website gslyarns.com. Its registered office is in Narmada, Gujarat, India.