Shri Renuga Textiles Limited

Shri Renuga Textiles Limited - consumer goods in Theni, Tamil Nadu, India. Directors, charges & compliance details.
CIN L17121TN1983PLC027873 Incorporated 04 April 1983 ROC Chennai HQ Theni, Tamil Nadu, India
Under Liquidation Listed Public Limited Company consumer goods
Data last updated
Authorised capital
₹33 Cr
Registered with MCA
Paid-up capital
₹31.26 Cr
Issued & subscribed
Open charges
₹655.94 Cr
Satisfied ₹562.69 Cr
Company age
43 yrs
Est. 1983
Employees · EPFO
1
Provident fund records
Directors on board
4
As per MCA filings
GST registrations
3
None active
Last financials
Mar 2013
Balance sheet date

About Shri Renuga Textiles Limited

Data last updated:

Shri Renuga Textiles Limited is a public limited company based in Theni, Tamil Nadu, 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 operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 04 April 1983.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN L17121TN1983PLC027873. The company has 3 GST registrations on record, none of which is active. It is a listed company as per MCA records.

The company has an authorised share capital of ₹33 Cr and a paid-up capital of ₹31.26 Cr. It is led by directors including Narayanasamy Jagadeesan (Managing Director) and Lakshmanan Kamalakannan (Whole-Time Director).

Its last annual general meeting (AGM) was held on 25 September 2013, and its latest financial statements are for the year ended 31 March 2013. The registered office is at No 87 Cumbum Road Theni, Tamil Nadu, India – 625531.

The company has about 1 employee on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹655.94 Cr and satisfied charges of ₹562.69 Cr on record. Court records list 117 cases involving the company, including 66 filed by the company and 51 filed against it; 23 cases are pending.

The last known website on record is renuga.com.

Company details

CIN L17121TN1983PLC027873
Registration Number 027873
Incorporation Date 04 April 1983
ROC Chennai
Listing Status Listed
Company Status Under Liquidation
Date of Last AGM 25 September 2013
Date of Balance Sheet 31 March 2013
Compliance Status Active Non-Compliant

Contact details

Shri Renuga Textiles Limited's registered office is in Theni, Tamil Nadu.

  • Registered Address
    No 87 Cumbum Road Theni, Tamil Nadu, India – 625531
  • Industry
    Consumer Goods, Home Furnishings Manufacturing
Comprehensive company report
Shri Renuga Textiles Limited - one report that includes everything
  • 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
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Financials of Shri Renuga Textiles Limited

FY 2013 filings available

Financial Statement Summary

MetricsFY 2012-13
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
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Profit Before Tax
Tax Expense
Net Profit (PAT)
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2012-13
Profitability
EBITDA Margin
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Shri Renuga Textiles Limited, buy the company report.

Board of directors of Shri Renuga Textiles Limited

Shri Renuga Textiles has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Narayanasamy JagadeesanManaging Director01 Apr 199432 Years 7 MonthsAs last reported
Jagadeesan RamnarayanDirector01 Feb 200125 Years 9 MonthsAs last reported
Lakshmanan KamalakannanWhole-Time Director01 Apr 199432 Years 7 MonthsAs last reported
Krishnasamy KalirajWhole-Time Director01 Apr 199432 Years 7 MonthsAs last reported

Charges & borrowings

Open charges
₹655.94 Cr
Satisfied charges
₹562.69 Cr
Breakdown by lending institutions
State Bank of India₹461.52 Cr
The Karur Vysya Bank Limited₹157.72 Cr
The Karur Vysya Bank Ltd₹18.96 Cr
Idbi Bank Limited₹15.50 Cr
The Karur Vysya Bank Ltd.₹2.24 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
25 Jun 201010237223The Karur Vysya Bank Limited₹10 CrOpen
14 Dec 200910193279The Karur Vysya Bank Limited₹15 CrOpen
01 Sep 200910176778The Karur Vysya Bank Limited₹3 CrOpen
07 Jul 200910172208The Karur Vysya Bank Limited₹7 LakhOpen
28 Apr 200910249247The Karur Vysya Bank Limited₹15 CrOpen

To see the full charge records of Shri Renuga Textiles Limited, buy the company report.

Total charge records: 71 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Shri Renuga Textiles Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Shri Renuga Textiles has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
3
Cancelled / inactive
3

To see the full GST registrations and return filing status of Shri Renuga Textiles Limited, buy the company report.

Recent activity

Shri Renuga Textiles Limited has 18 board changes on record since 1994: 11 appointments and 7 cessations. The latest: Vasudevan Ramakrishnan ceased to be Nominee Director on 10 Feb 2015.

Ceased
Vasudevan Ramakrishnan ceased to be Nominee Director.
Ceased
Amarnath Kaliraj ceased to be Director.
Ceased
Ramiah Konar Navaneetha Krishnan ceased to be Director.
Ceased
Usha Srinivasan ceased to be Nominee Director.
Appointed
Vasudevan Ramakrishnan was appointed as Nominee Director.
Ceased
Muthuraman Chidambaram ceased to be Director.
Ceased
Sulur Subramaniam Vanangamudi ceased to be Director.
AGM
Shri Renuga Textiles Limited last Annual general meeting of members was held on 25 Sep 2013 as per latest MCA records.
Charges
A charge registered on 30 Nov 2009 via Charge ID 10193672 with Axis Bank Limited was fully satisfied on 18 Jul 2013.
Charges
A charge registered on 20 Dec 2006 via Charge ID 10032610 with Uti Bank Limited was fully satisfied on 18 Jul 2013.
Charges
A charge registered on 12 Jan 2006 via Charge ID 90289918 with Uti Bank Ltd was fully satisfied on 18 Jul 2013.
Charges
A charge registered on 31 Aug 2005 via Charge ID 90290781 with Axis Bank Limited was fully satisfied on 18 Jul 2013.

147 earlier events are in the company report.

Frequently asked questions

Shri Renuga Textiles 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.

Shri Renuga Textiles is a company under liquidation, formerly operating as a public limited company based in Theni, Tamil Nadu, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 04 April 1983 and is registered under CIN L17121TN1983PLC027873. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Shri Renuga Textiles has 4 current directors:

The latest financial statements of Shri Renuga Textiles on record with the MCA are for the year ended 31 March 2013. Its last annual general meeting was held on 25 September 2013. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Shri Renuga Textiles is L17121TN1983PLC027873. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Shri Renuga Textiles is a listed company as per MCA records.

Shri Renuga Textiles has open charges of ₹655.94 Cr and satisfied charges of ₹562.69 Cr as per latest MCA filings.

Shri Renuga Textiles has 117 court cases on record: 66 filed by the company and 51 filed against it. 23 are pending. Most are in the high courts.

Shri Renuga Textiles was incorporated on 04 April 1983. It is registered with the Registrar of Companies, Chennai.

Vasudevan Ramakrishnan ceased to be Nominee Director on 10 Feb 2015. Amarnath Kaliraj ceased to be Director on 07 Jul 2014. Ramiah Konar Navaneetha Krishnan ceased to be Director on 30 May 2014. Shri Renuga Textiles has 18 board changes on record in total.