Nawal Textiles Limited
About Nawal Textiles Limited
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Nawal Textiles Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the specialised services segment of the trading and commerce sector. It was incorporated on 03 October 1938 and has been in existence for over 88 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1938PLC002837.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5.72 Cr. It was formerly known as The Podar Trading Company Private Limited and The Podar Trading Company Limited. It is led by directors including Aakash Jadhav and Sitaram Baijnath Verma.
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 Podar Chambers109 S A Brelvi Road Fort, Mumbai, Maharashtra, India – 400001.
As per MCA filings, the company has open charges of ₹2.15 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Nawal Textiles has undergone 2 name changes throughout its history. The company was previously known as The Podar Trading Company Private Limited, and The Podar Trading Company Limited. The current legal name is Nawal Textiles Limited.
| Company Name | Status |
|---|---|
| Nawal Textiles Limited | Current |
| The Podar Trading Company Private Limited | Previous |
| The Podar Trading Company Limited | Previous |
CIN history
Nawal Textiles has one previous CIN (Corporate Identification Number): L51900MH1938PLC002837. The current CIN is U51900MH1938PLC002837, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51900MH1938PLC002837 | Current |
| L51900MH1938PLC002837 | Previous |
Contact details
Nawal Textiles Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPodar Chambers109 S A Brelvi Road Fort, Mumbai, Maharashtra, India – 400001
- IndustryTrading, Specialty, Wholesale
To see the full contact details of Nawal Textiles 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
Financials of Nawal Textiles Limited
FY 2025 filings availableNawal Textiles Limited reported revenue of ₹67 for FY 2023.
Financial Statement Summary
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| Total Revenue | ₹67 | ||||
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Financial Ratios
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To see the full financial statements and ratios of Nawal Textiles Limited, buy the company report.
Board of directors of Nawal Textiles Limited
Nawal Textiles has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aakash Jadhav | Director | 22 Sep 2023 | 3 Years 1 Months | Current |
| Sitaram Baijnath Verma | Director | 02 May 1998 | 28 Years 6 Months | Current |
| Rajendra Manoharsingh Bolya | Director | 20 Mar 2008 | 18 Years 7 Months | Current |
Auditor
Nawal Textiles Limited is audited by S. K. Bhageria & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. K. Bhageria & Associates | FY 2023 | 112882W |
Shareholding
The shareholding of Nawal Textiles Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nawal Textiles Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Sep 1997 | 90163608 | Arab Bangladesh Bank Limited | ₹25 Lakh | Open | |
| 22 Jul 1997 | 90163574 | Arab Bangladesh Bank Limited | ₹25 Lakh | Open | |
| 29 Mar 1996 | 90163352 | The Maharashtra State Financial Corporation | ₹1 Cr | Open | |
| 24 Feb 1986 | 90161932 | Sicon Limited | ₹65 Lakh | Open |
To see the full charge records of Nawal Textiles Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Nawal Textiles Limited has 2 court cases on record: 2 filed by Nawal Textiles. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against The State of Maharashtra and Ors. | Pending |
| Bombay High Court | Court case (CAW) | Filed by the company against The State of Maharashtra and Ors. | Disposed |
To see the full case history of Nawal Textiles 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 Nawal Textiles Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Nawal Textiles Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Nawal Textiles Limited has 8 board changes on record since 1998: 3 appointments and 5 cessations. The latest: Aakash Jadhav ceased to be Additional Director on 29 Sep 2024.
6 earlier events are in the company report.
Frequently asked questions
Nawal Textiles is an active public limited company based in Mumbai, Maharashtra, India. The company works in specialty, within the trading industry. It was incorporated on 03 October 1938 (88+ years old) and is registered under CIN U51900MH1938PLC002837.
Nawal Textiles has 3 current directors:
- Aakash Jadhav - Director
- Sitaram Baijnath Verma - Director
- Rajendra Manoharsingh Bolya - Director
The latest financial statements of Nawal Textiles 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 CIN (Corporate Identification Number) of Nawal Textiles is U51900MH1938PLC002837. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nawal Textiles has 2 court cases on record: 2 filed by the company. 1 is pending.
Nawal Textiles was incorporated on 03 October 1938, making it 88+ years old. It is registered with the Registrar of Companies, Mumbai.
Aakash Jadhav ceased to be Additional Director on 29 Sep 2024. Aakash Jadhav was appointed as Director on 22 Sep 2023. Pradeep Ramchandra Pawar ceased to be Additional Director on 29 Sep 2017. Nawal Textiles has 8 board changes on record in total.
The registered office of Nawal Textiles is at Podar Chambers109 S A Brelvi Road Fort, Mumbai, Maharashtra, India – 400001.
Nawal Textiles operates in the trading industry, in the specialty segment.
Nawal Textiles has open charges of ₹2.15 Cr and no satisfied charges on record as per latest MCA filings.
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