It is a manufacturing public limited company based in Andhra Pradesh, Andhra Pradesh, India, established in 1979.
1979 | Andhra Pradesh, Andhra Pradesh, India | ActivePioneer Spinning And Weavings Mills Ltd, a active public limited company, was established on 09 October 1979 in Andhra Pradesh, Andhra Pradesh, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U18100AP1979PLC002546. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹1.00 Cr.
Formerly known as Putthur Textiles Ltd. It upholds a compliant status. Its leadership includes Beena Kosaraju (Managing Director), Basaveswara Rao Kakumani (Director), Tara Keerthi Kakumanu (Director). Past directors included Beena Kosaraju, Venkatesan Bhaskaran, Pitcheswara Rao Achanta. It holds ₹23.85 Cr open charges and ₹41.52 Cr settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at Nandimangalam Villageputtur, Chittoor, Andhra Pradesh, Andhra Pradesh, 517583.
U18100AP1979PLC002546
002546
09 October 1979
₹2.00 Cr
₹1.00 Cr
Roc Vijayawada
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Beena Kosaraju | Managing Director | 06 Sep 2005 | Current |
| Basaveswara Rao Kakumani | Director | 21 Nov 2022 | Current |
| Tara Keerthi Kakumanu | Director | 27 Oct 2016 | Current |
| Madhu Hemanathan | Additional Director | 01 Mar 2025 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Whole-Time Director | 01 Apr 2015 | Past |
| Pramod Abcsdd | Director | 18 Aug 2022 | Past |
| Pramod Abcsdd | Director | 27 Mar 2021 | Past |
| Pramod Abcsdd | Whole-Time Director | 21 Nov 2022 | Past |
| Pramod Abcsdd | Director | 03 Mar 2008 | Past |
| Pramod Abcsdd | Additional Director | 28 Sep 2023 | Past |
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Pioneer Spinning And Weavings Mills Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 45.13% decrease. The company also saw a substantial fall in profitability, with a 311.89% decrease in profit. The company's net worth observed a substantial decline by a decrease of 72.24%.
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In 2023, Pioneer Spinning And Weavings Mills had a promoter holding of 38.29% and a public holding of 61.72%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹238,510,000.00
₹415,240,924.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Jun 2022 | Hdfc Bank Limited | ₹12.93 Cr | Open |
| 03 May 1995 | Andhra Bank | ₹6.90 Cr | Open |
| 13 Mar 1992 | Andhra Pradesh Industrial Development Corpn. Ltd. | ₹3.70 M | Open |
| 28 Sep 1989 | A. P. Industrial Development Corpn. Ltd. | ₹2.72 Cr | Open |
| 20 Apr 1985 | Andhra Pradesh Industrial Development Corpn. Ltd. | ₹3.42 M | Open |
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The activity Pioneer Spinning And Weavings Mills Ltd last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was completed.
The activity Pioneer Spinning And Weavings Mills Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Vijayawada. was completed.
Madhu Hemanathan was appointed as a Additional Director was appointed as a Additional Director on 01 Mar 2025 & has been associated with this company since 9 months . was recorded as a recent event.
Basaveswara Rao Kakumani was appointed as a Director was appointed as a Director on 21 Nov 2022 & has been associated with this company since 3 years 9 days . was recorded as a recent event.
A charge with Hdfc Bank Limited of Rs. 12.93 Cr registered on 17 Jun 2022 with Charge ID 100594167 was modified on 15 Sep 2022. was recorded as a recent event.
A charge registered on 05 Sep 2020 via Charge ID 100364132 with Others was fully satisfied on 21 Jul 2022. was recorded as a recent event.
The CIN of Pioneer Spinning And Weavings Mills Ltd is U18100AP1979PLC002546.
Pioneer Spinning And Weavings Mills Ltd is headquartered at Nandimangalam Villageputtur, Chittoor, Andhra Pradesh, Andhra Pradesh, 517583.
Pioneer Spinning And Weavings Mills Ltd was incorporated on 09 October 1979.
The current directors of Pioneer Spinning And Weavings Mills Ltd are
The primary industry of Pioneer Spinning And Weavings Mills Ltd is Manufacturing.
Pioneer Spinning And Weavings Mills Ltd is unlisted.
The authorized capital of Pioneer Spinning And Weavings Mills Ltd is ₹2.00 Cr, and the paid-up capital is ₹1.00 Cr.
The compliance status of Pioneer Spinning And Weavings Mills Ltd is Compliant.
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