About Oswal Spinning And Weaving Mills Ltd
Data last updated: 24 June 2025
Oswal Spinning And Weaving Mills Ltd is a public limited company based in Ludhiana, Punjab, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It specialises in textile and fabric production, a part of the broader manufacturing sector. Incorporated on 19 September 1955, the company has been in operation for over 71 years.
Registered with ROC Chandigarh under CIN L17111PB1955PLC001884. Listed.
Capital: an authorised share capital of ₹40 Cr and a paid-up capital of ₹26.2 Cr. It is led by directors including Ashok Oswal and Pawan Kumar Bahl.
Last AGM: 23 September 2017. Financial statements filed for year ended 31 March 2017. Office: #92 Industrial Area – A Near Kwality Chowk Ludhiana., Punjab, India – 141014.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.63 Cr, a decline of 95% compared to the previous year.
The company has a workforce of approximately 6 employees as per the latest available data.
As per MCA filings, the company has open charges of ₹173.71 Cr and satisfied charges of ₹87.09 Cr on record.
The company is currently under liquidation - its assets are being sold to settle outstanding debts. It may lack the legal capacity to fulfil new agreements, and creditors are prioritised in the distribution of proceeds. The last known website on record is oswalcotton.com.
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Registered Address#92 Industrial Area – A Near Kwality Chowk Ludhiana., Punjab, India – 141014
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IndustryManufacturing, Textile & Fabric Production
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Business Activity of Oswal Spinning And Weaving Mills Ltd
Oswal Spinning And Weaving Mills Ltd is engaged in the principal business activity of manufacturing, with detailed activities including textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details for Oswal Spinning And Weaving Mills Ltd
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Auditor Details of Oswal Spinning And Weaving Mills Ltd
Oswal Spinning And Weaving Mills Ltd is audited by P. C. Goyal & Co. for the financial year 2015. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P. C. Goyal & Co. | Locked | Locked | Locked |
Complete auditor history for Oswal Spinning And Weaving Mills Ltd
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors of Oswal Spinning And Weaving Mills Ltd
Oswal Spinning And Weaving Mills Ltd is currently managed by 3 directors, with 9 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Ashok Oswal
Also directs:
Oswal Capital Services Limited
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Managing Director | 11 Jun 1979 | 47 Years 2 Months | As last reported |
| Pawan Kumar Bahl | Director | 20 Mar 2006 | 20 Years 5 Months | As last reported |
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Raj Paul Oswal
Also directs:
Oswal Spinning Limited, Oswal Worsted Spinners Limited, Oswal Cottex Exports Limited and 2 more
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Director | 30 May 1992 | 34 Years 2 Months | As last reported |
Financials of Oswal Spinning And Weaving Mills Ltd FY 2017 filings available
Oswal Spinning And Weaving Mills Ltd reported revenue of ₹1.63 Cr (down 95.00% YoY) for FY 2017.
Ten-year financial statements for Oswal Spinning And Weaving Mills Ltd
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Ownership and Shareholding of Oswal Spinning And Weaving Mills Ltd
Shareholding and ownership data for Oswal Spinning And Weaving Mills Ltd
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Charges & Borrowings of Oswal Spinning And Weaving Mills Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Feb 2012 | Uco Bank | ₹2 Cr | Open |
| 22 Feb 2008 | Uco Bank | ₹17.48 Cr | Open |
| 19 Nov 2007 | Kotak Mahindra Bank Limited | ₹53.37 Cr | Open |
| 03 Jun 1997 | Ifci Limited | ₹14.3 Cr | Open |
| 20 Dec 1996 | Ifci Limited | ₹1.73 Cr | Open |
Total charge records: 51 View all charges
Employees and EPFO Compliance at Oswal Spinning And Weaving Mills Ltd
Oswal Spinning And Weaving Mills Ltd has a workforce of 6 employees as of Apr 05, 2024.
Employee and EPFO history for Oswal Spinning And Weaving Mills Ltd
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GST Compliance of Oswal Spinning And Weaving Mills Ltd
GST registrations and filing compliance for Oswal Spinning And Weaving Mills Ltd
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Credit Ratings, Litigation & Regulatory Alerts for Oswal Spinning And Weaving Mills Ltd
Credit ratings, litigation, and regulatory alerts for Oswal Spinning And Weaving Mills Ltd
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MSME Payment Delays by Oswal Spinning And Weaving Mills Ltd
MSME payment history for Oswal Spinning And Weaving Mills Ltd
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Subsidiaries & Group Companies of Oswal Spinning And Weaving Mills Ltd
Corporate group structure for Oswal Spinning And Weaving Mills Ltd
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- Parent company
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MCA Filings & Documents of Oswal Spinning And Weaving Mills Ltd
MCA filings and documents for Oswal Spinning And Weaving Mills Ltd
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
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Recent Activity on Oswal Spinning And Weaving Mills Ltd
Frequently Asked Questions about Oswal Spinning And Weaving Mills Ltd
Oswal Spinning And Weaving Mills Ltd is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Oswal Spinning And Weaving Mills Ltd is a company under liquidation, formerly operating as a public limited company in the manufacturing sector based in Ludhiana, Punjab, India. It was incorporated on 19 September 1955 and is registered under CIN L17111PB1955PLC001884. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Oswal Spinning And Weaving Mills Ltd reported revenue of ₹1.63 Cr for FY 2017 (down 95.00% YoY).
The current directors of Oswal Spinning And Weaving Mills Ltd are:
- Ashok Oswal - Managing Director
- Pawan Kumar Bahl - Director
- Raj Paul Oswal - Director
The CIN (Corporate Identification Number) of Oswal Spinning And Weaving Mills Ltd is L17111PB1955PLC001884. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, Oswal Spinning And Weaving Mills Ltd is a listed company.