Salona Cotspin Limited, a active public limited company, was established on 18 January 1994 in Sathyamangalam, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: L17111TZ1994PLC004797. Registered under ROC Roc Coimbatore. it is listed on BSE: 590056 and NSE: SALONA. It has an authorized capital of ₹6.00 Cr and a paid-up capital of ₹5.26 Cr.
Formerly known as Salona Cotspin Pvt Limited. It upholds a compliant status. In 2023, it reported revenue of ₹487.20 Cr and a net worth of ₹74.18 Cr. Employing 380 professional, Its leadership includes Hari Desikan Ganesh (Director), Shyam Lal Agarwala (Managing Director), Manoj Kumar Jhajharia (Managing Director). Past directors included Srikrishnadesikan, Hari Desikan Ganesh, Arunkumar Jhajharia. It holds ₹593.29 Cr open charges and ₹77.69 Cr settled loans. Its latest AGM occurred on 19 September 2025, with the balance sheet filed on 31 March 2025. It is based at Sf No 74/12 & 75/3Sathy Road Poongampalli Village, Sathyamangalam, Tamil Nadu, 638402.
L17111TZ1994PLC004797
004797
18 January 1994
₹6.00 Cr
₹5.26 Cr
Roc Coimbatore
Listed (BSE: 590056, NSE: SALONA)
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Hari Desikan Ganesh | Director | 25 Jun 2020 | Current |
| Shyam Lal Agarwala | Managing Director | 18 Jan 1997 | Current |
| Manoj Kumar Jhajharia | Managing Director | 26 Sep 1998 | Current |
| Arunkumar Jhajharia | Director | 12 Feb 2018 | Current |
| Raghav Agarwal | Director | 14 Nov 2022 | Current |
| Prabhu | Director | 14 Nov 2022 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 16 Jan 2020 | Past |
| Pramod Abcsdd | Additional Director | 21 Sep 2020 | Past |
| Pramod Abcsdd | Additional Director | 24 Sep 2018 | Past |
| Pramod Abcsdd | Additional Director | 29 Sep 2014 | Past |
| Pramod Abcsdd | Company Secretary | - | Past |
| Pramod Abcsdd | Director | 24 Dec 2017 | Past |
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Salona Cotspin Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 24.71% decrease. The company also saw a substantial fall in profitability, with a 11.22% decrease in profit. The company's net worth Soared by an impressive increase of 29.59%.
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In 2023, Salona Cotspin had a promoter holding of 67.09% and a public holding of 32.90%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹5,932,902,623.00
₹776,906,600.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Aug 2025 | Hdfc Bank Limited | ₹0.87 M | Open |
| 31 Jul 2025 | Hdfc Bank Limited | ₹1.80 Cr | Open |
| 31 Aug 2024 | Hdfc Bank Limited | ₹2.25 M | Open |
| 29 Sep 2023 | Hdfc Bank Limited | ₹51.00 Cr | Open |
| 22 Aug 2023 | Hdfc Bank Limited | ₹1.76 M | Open |
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Salona Cotspin has a workforce of 380 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Gain comprehensive insights into the Deals and Valuation data of Salona Cotspin, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Salona Cotspin's trajectory.
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The activity Salona Cotspin Limited last Annual general meeting of members was held on 19 Sep 2025 as per latest MCA records. was completed.
The activity Gaurav Jain was appointed as a Additional Director was appointed as a Additional Director on 23 Aug 2025 & has been associated with this company since 3 months 8 days . was completed.
A charge with Hdfc Bank Limited amounted to Rs. 0.09 Cr with Charge ID 101158306 was registered on 08 Aug 2025. was recorded as a recent event.
Progress on A charge with Hdfc Bank Limited amounted to Rs. 1.80 Cr with Charge ID 101139278 was registered on 31 Jul 2025. was documented.
A charge registered on 29 Apr 2020 via Charge ID 100364822 with Others was fully satisfied on 21 Jun 2025. was recorded as a recent event.
The activity A charge registered on 26 Apr 2024 via Charge ID 100918128 with Others was fully satisfied on 12 Jun 2025. was completed.
The CIN of Salona Cotspin Limited is L17111TZ1994PLC004797.
Salona Cotspin Limited is headquartered at Sf No 74/12 & 75/3Sathy Road Poongampalli Village, Sathyamangalam, Tamil Nadu, 638402.
Salona Cotspin Limited was incorporated on 18 January 1994.
The current directors of Salona Cotspin Limited are
The primary industry of Salona Cotspin Limited is Manufacturing.
Salona Cotspin Limited is listed. It is listed on BSE: 590056 and NSE: SALONA.
The authorized capital of Salona Cotspin Limited is ₹6.00 Cr, and the paid-up capital is ₹5.26 Cr.
The compliance status of Salona Cotspin Limited is Compliant.
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