About
Basic Data Updated:
1 month agoThe provision of loans is the main focus of Tamilnadu Minorities Economic Development Corporation Limited. This company is dedicated to supporting the minority communities by offering loans for their economically and financially viable schemes, trade or projects. These loans are provided at lower interest rates, with the aim of promoting the economic up-liftment of these communities. TMEDCL works through various sub channelizing agencies, including cooperative banks, nationalized banks and district central cooperative banks, to provide loans to individuals, groups and societies belonging to minority communities. In addition, the company also collaborates with other channels such as District Cooperative Milk Producers Unions, Tamil Nadu Handloom Development Corporation and Tamil Nadu Industrial Cooperative Bank to offer loans. TMEDCL's target beneficiaries include Muslims, Christians, Buddhists, Sikhs and Parsis, with the ultimate goal of empowering these minority groups through financial support.
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
CIN/LLPIN/FCRN | U90009TN1999SGC043091 |
Company No. | 043091 |
Company Classification | Public Limited State Government Company |
Incorporation Date | 31 Aug 1999 |
Date of AGM | 14 Mar 2023 |
Date of Balance Sheet | 31 Mar 2021 |
Listing Status | Unlisted |
ROC Code | Roc Chennai |
Financials of Tamilnadu Minorities Economic Development Corporation Limited
Tamilnadu Minorities Economic Development Corporation Limited, for the financial year ended 2018, experienced modest growth in revenue, with a 3.37% increase. The company also saw a substantial improvement in profitability, with a 35.33% increase in profit. The company's net worth moved up by a moderate rise of 9.44%.
Corporate Structure
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People in Tamilnadu Minorities Economic Development Corporation Limited
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Executive Team (2)
SS
Suresh Srinivasan Managing DirectorAppointment Date: 20-Sep-2019
Status: Current
DB
Dawood Banu CEOAppointment Date: 04-Jul-2020
Status: Current
Board Members(9)
Charges (Loans)
There are no open charges registered against the company as per our records.
Deals i
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Rating
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Alert
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Recent activity within the organization
Director Appointment
Mohamedsahabudeen Asia Mariam was appointed as a Director was appointed as a Director on 21 Mar 2024 & has been associated with this company since 2 months 6 days .
21 Mar 2024Annual General Meeting
Tamilnadu Minorities Economic Development Corporation Limited last Annual general meeting of members was held on 14 Mar 2023 as per latest MCA records.
14 Mar 2023Director Appointment
Mangat Ram Shrama was appointed as a Director was appointed as a Director on 05 Aug 2022 & has been associated with this company since 1 year 9 months .
05 Aug 2022Director Appointment
Sigy Thomas Vaidhyan was appointed as a Director was appointed as a Director on 26 May 2021 & has been associated with this company since 3 years .
26 May 2021Balance Sheet
Tamilnadu Minorities Economic Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chennai.
31 Mar 2021
Frequently asked questions
What is the Incorporation or founding date of Tamilnadu Minorities Economic Development Corporation Limited?