- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0034412

About Mulberry Silks Limited
Data last updated:
Mulberry Silks Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 21 October 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1982PLC005007. Its GSTIN is 29AAECS6272P1ZJ (Karnataka).
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹28.51 Cr. It was formerly known as Mulberry Silks Private Limited and Shakshambani Silks Exports Private Limited. It is led by directors including Manish Kumar Bothra (Managing Director) and Sudhir Kumar Bothra (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2 'O' Saughensy Roadlangford Gardens Bangalore, Karnataka, India – 560025.
As per the financials filed for FY 2025, the company reported a revenue of ₹154.32 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹10.88 Cr (net margin 7%) and EBITDA of ₹11.85 Cr (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 10% over five years.
The company has about 188 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹94.15 Cr and satisfied charges of ₹194.55 Cr on record. Court records list 15 cases involving the company, including 14 filed by the company and 1 filed against it; 3 cases are pending. The company has 8 deals on record (7 secondary share transfers, 1 funding round), with disclosed funding of ₹2.66 Cr; the latest was in September 2012. The company has 7 MSME Form 1 returns on record between 2019 and 2024, listing 136 overdue payments to 17 micro and small suppliers.
Mulberry Silks Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0034412). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mulberrysilksltd.com.
Company details
Name history
Mulberry Silks has undergone 2 name changes throughout its history. The company was previously known as Mulberry Silks Private Limited, and Shakshambani Silks Exports Private Limited. The current legal name is Mulberry Silks Limited.
| Company Name | Status |
|---|---|
| Mulberry Silks Limited | Current |
| Mulberry Silks Private Limited | Previous |
| Shakshambani Silks Exports Private Limited | Previous |
CIN history
Mulberry Silks has one previous CIN (Corporate Identification Number): U17113KA1982PLC005007. The current CIN is U85110KA1982PLC005007, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1982PLC005007 | Current |
| U17113KA1982PLC005007 | Previous |
Recognitions & Rankings of Mulberry Silks
Contact details
Mulberry Silks Limited's registered office is in Bangalore, Karnataka. Its website is mulberrysilksltd.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2 'O' Saughensy Roadlangford Gardens Bangalore, Karnataka, India – 560025
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Mulberry Silks Limited, buy the company report.
- 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
Business activity
The main business activity of Mulberry Silks is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Mulberry Silks Limited, buy the company report.
Financials of Mulberry Silks Limited
FY 2025 filings availableMulberry Silks Limited reported revenue of ₹154.32 Cr (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 73% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹11.85 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.88 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.7% | ||||
| Net Profit Margin | 7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Mulberry Silks Limited, buy the company report.
Board of directors and KMP of Mulberry Silks Limited
Mulberry Silks Limited currently reports 7 directors and 1 key managerial person. 14 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Kumar Bothra Also directs: Markasia Textiles and Fibers LLP, Bean Good Private Limited, Markasia Textiles and Fibers Private Limited and 1 more | Whole-Time Director | 01 Apr 2010 | 16 Years 7 Months | Current |
| Manish Kumar Bothra | Managing Director | 01 Apr 2010 | 16 Years 7 Months | Current |
| Trilok Kumar Bothra | Whole-Time Director | 21 Oct 1982 | 44 Years 0 Months | Current |
| Bimla Devi Bothra | Director | 20 Jan 2021 | 5 Years 9 Months | Current |
| Sid Bothra Also directs: Vajrakaya Logistics Private Limited | Whole-Time Director | 20 Mar 2024 | 2 Years 7 Months | Current |
| Bhat Lakshminarayana Akshara | Company Secretary | 20 Jan 2025 | 1 Years 9 Months | Current |
Auditor
Mulberry Silks Limited is audited by SHARMA & PAGARIA for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHARMA & PAGARIA | FY 2025 | 008217S |
Shareholding
The shareholding of Mulberry Silks Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mulberry Silks Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 May 2025 | 101100916 | Axis Bank Limited | ₹1 Cr | Open | |
| 13 Oct 2023 | 100804734 | Axis Bank Limited | ₹1.3 Cr | Open | |
| 16 Aug 2022 | 100602506 | Axis Bank Limited | ₹50 Cr | Open | |
| 19 Sep 2018 | 100241795 | Others | ₹41.85 Cr | Open | |
| 26 Jul 2016 | 100045872 | Others | ₹2.8 Cr | Satisfied |
To see the full charge records of Mulberry Silks Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Mulberry Silks Limited has 8 deals on record (7 secondary share transfers, 1 funding round), with disclosed funding of ₹2.66 Cr; the latest was in September 2012.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Bikaner House Private Limited |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Bikaner House Private Limited |
| Sep 2006 | Secondary share transfer | Undisclosed | Buyer: Bikaner House Private Limited Seller: B S Bappanna Managing Trustee Basappa Setty Family Trust, 3 individuals |
To see the full deal history of Mulberry Silks Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mulberry Silks Limited has 15 court cases on record: 14 filed by Mulberry Silks, 1 filed against it. 3 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 0 | 2 |
| District courts | 1 | 1 | 1 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Liquidator for Southern Batteries Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Court case (APPL) | Filed against the company by an individual | Pending |
| High Court | Writ petition | Filed by the company against an individual | Pending |
| High Court, KARNATAKA | Writ petition | Filed by the company against Settlement Commission(It and WT) and 2 others | Pending |
| High Court | Appeal | Filed by the company against an individual | Disposed |
To see the full case history of Mulberry Silks 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.
Credit ratings & regulatory alerts
Mulberry Silks Limited was last rated by Icra on 10 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 10 Jun 2021 |
To see the full credit ratings and regulatory alerts of Mulberry Silks Limited, buy the company report.
MSME payment delays
Mulberry Silks Limited has 7 MSME Form 1 returns on record between 2019 and 2024, listing 136 overdue payments to 17 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 17)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| P.A.International | |||
| Harshdeep Textiles Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Mulberry Silks Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Mulberry Silks has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Mulberry Silk International Limited | U01224KA1991PLC011662 |
To see the full group structure of Mulberry Silks Limited, buy the company report.
Employees & EPFO
Mulberry Silks Limited has a workforce of 188 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.
GST
Mulberry Silks has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECS6272P1ZJ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mulberry Silks Limited, buy the company report.
Recent activity
Mulberry Silks Limited has 16 board changes on record since 1982: 8 appointments and 8 cessations. The latest: Chethan Raghunath Reddy was appointed as Director on 29 Jun 2026.
42 earlier events are in the company report.
Frequently asked questions
Mulberry Silks is an active public limited company based in Bangalore, Karnataka, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 21 October 1982 (44+ years old) and is registered under CIN U85110KA1982PLC005007.
Mulberry Silks has 8 current directors and KMP:
- Manish Kumar Bothra - Managing Director
- Sudhir Kumar Bothra - Whole-Time Director
- Trilok Kumar Bothra - Whole-Time Director
- Sid Bothra - Whole-Time Director
- Bimla Devi Bothra - Director
- Chethan Raghunath Reddy - Director
- Prashantha Uduche Mahabala Bhatta - Director
- Bhat Lakshminarayana Akshara - Company Secretary
The latest financial statements of Mulberry Silks on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mulberry Silks is 29AAECS6272P1ZJ, registered in Karnataka.
The CIN (Corporate Identification Number) of Mulberry Silks is U85110KA1982PLC005007. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mulberry Silks has 15 court cases on record: 14 filed by the company and 1 filed against it. 3 are pending. Most are in the high courts.
Mulberry Silks was incorporated on 21 October 1982, making it 44+ years old. It is registered with the Registrar of Companies, Bangalore.
Mulberry Silks has 8 deals on record (7 secondary share transfers, 1 funding round), with disclosed funding of ₹2.66 Cr; the latest was in September 2012.
Chethan Raghunath Reddy was appointed as Director on 29 Jun 2026. Prashantha Uduche Mahabala Bhatta was appointed as Director on 29 Jun 2026. Bhat Lakshminarayana Akshara was appointed as Company Secretary on 20 Jan 2025. Mulberry Silks has 16 board changes on record in total.
Yes, Mulberry Silks is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0034412).
Mulberry Silks has 7 MSME Form 1 returns on record between 2019 and 2024, listing 136 overdue payments to 17 micro and small suppliers. The latest return was filed on 26 Apr 2024.

