It is a financial services private limited company based in Palani, Tamil Nadu, India, established in 1958.
1958 | Palani, Tamil Nadu, India | ActivePalani Chit Funds Private Limited, a active private limited company, was established on 18 June 1958 in Palani, Tamil Nadu, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U65992TZ1958PTC000285. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.10 M.
It upholds a compliant status. Its leadership includes Srinivasarao Parasuraman (Director), Anandarao Prathibha (Director). Past directors included Srinivasa Rao Rukmani Ammal, Gopalakrishnan Padmanaban, Remadevi Sivaramaiyer. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 56/22, Rajaji Street Old Dharapuram Road, Palani, Tamil Nadu, 624601.
U65992TZ1958PTC000285
000285
18 June 1958
₹0.50 M
₹0.10 M
Roc Coimbatore
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Srinivasarao Parasuraman | Director | 08 Apr 1986 | Current |
| Anandarao Prathibha | Director | 30 Apr 1993 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Managing Director | 23 May 2013 | Past |
| Pramod Abcsdd | Director | 31 Aug 2024 | Past |
| Pramod Abcsdd | Director | 31 Aug 2024 | Past |
| Pramod Abcsdd | Director | 31 Aug 2024 | Past |
| Pramod Abcsdd | Director | 31 Aug 2024 | Past |
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Palani Chit Funds Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 3.88% decrease. The company also saw a substantial improvement in profitability, with a 300% increase in profit. The company's net worth moved up by a moderate rise of 1.36%.
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In 2020, Palani Chit Funds 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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The activity Palani Chit Funds Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.
The activity Palani Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore. was completed.
Anandarao Prathibha was appointed as a Director was appointed as a Director on 30 Apr 1993 & has been associated with this company since 32 years 7 months . was recorded as a recent event.
The activity Srinivasarao Parasuraman was appointed as a Director was appointed as a Director on 08 Apr 1986 & has been associated with this company since 39 years 8 months . was completed.
Progress on Palani Chit Funds Private Limited was registered on 18 Jun 1958 with Roc Coimbatore & aged 67 years 6 months as per MCA records. was documented.
The CIN of Palani Chit Funds Private Limited is U65992TZ1958PTC000285.
Palani Chit Funds Private Limited is headquartered at 56/22, Rajaji Street Old Dharapuram Road, Palani, Tamil Nadu, 624601.
Palani Chit Funds Private Limited was incorporated on 18 June 1958.
The current directors of Palani Chit Funds Private Limited are
The primary industry of Palani Chit Funds Private Limited is Financial And Insurance Service.
Palani Chit Funds Private Limited is unlisted.
The authorized capital of Palani Chit Funds Private Limited is ₹0.50 M, and the paid-up capital is ₹0.10 M.
The compliance status of Palani Chit Funds Private Limited is Compliant.
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