Tamilnadu State Transport Corporation Salem Limited

Tamilnadu State Transport Corporation Salem Limited

Provides transportation services through deluxe, air-conditioned, and Volvo buses in four districts of Tamil Nadu.

1973 Salem, Tamil Nadu (India) Active

About

Basic Data Updated:

26 days ago

In the southern state of Tamil Nadu, there is a government authority known as Tamilnadu State Transport Corporation Salem Limited. This company has been in operation since 1973 and is responsible for providing transportation services in four districts of Tamil Nadu: Salem, Namakkal, Dharmapuri, and Krishnagiri. The registered office of this corporation is situated in the bustling city of Salem. Passengers can avail themselves of the deluxe, air-conditioned, and Volvo buses offered by TSTCSL. These buses are known for their comfort and reliability, making them a popular choice among travelers. The company takes pride in its efficient and punctual services, ensuring that passengers reach their destinations on time. Tamilnadu State Transport Corporation Salem Limited is dedicated to serving the people of Tamil Nadu and providing them with safe and convenient transportation options. With its extensive network and modern fleet of buses, the company has become an integral part of the state's transportation system. It continues to strive towards excellence and aims to make travel easier and more enjoyable for its passengers.

Industry

Company Details

  • Location

    Salem, Tamil Nadu, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU60210TZ1973SGC000656
Company No.000656
Company ClassificationPublic Limited State Government Company
Incorporation Date23 Jan 1973
Date of AGM20 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Coimbatore

Financials of Tamilnadu State Transport Corporation Salem Limited

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Tamilnadu State Transport Corporation Salem Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 50.49% decrease. The company also saw a substantial fall in profitability, with a 38.59% decrease in profit. The company's net worth observed a substantial decline by a decrease of 24.24%.

Corporate Structure

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Unlock access to Tamilnadu State Transport Corporation Salem's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Tamilnadu State Transport Corporation Salem Limited

Executive Team (1)

  • PR

    Ponmudi Ramasamy In Managing Director

    Appointment Date: 14-Jun-2022

    Status: Current

Board Members(11)

Charges (Loans)

Open Charges Satisfied Charges

₹1,772.07 cr

₹74.75 cr

LenderAmountStatus

Canara Bank

Creation Date: 22 Jan 2018
₹12.00 CrOpen

Others

Creation Date: 12 Jan 2011
₹1,731.11 CrOpen

Tamilnadu Transport Development Finance Corpn Ltd

Creation Date: 13 Aug 1996
₹5.57 CrOpen

Deals i

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Rating

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Alert

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Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    Charges

    A charge with Others of Rs. 1,731.11 cr registered on 12 Jan 2011 with Charge ID 10263529 was modified on 27 Nov 2023.

    27 Nov 2023
  • Activity

    Annual General Meeting

    Tamilnadu State Transport Corporation Salem Limited last Annual general meeting of members was held on 20 Sep 2023 as per latest MCA records.

    20 Sep 2023
  • Activity

    Director Appointment

    Amudhan Valavan was appointed as a Director was appointed as a Director on 13 Sep 2023 & has been associated with this company since 8 months 5 days .

    13 Sep 2023
  • Activity

    Charges

    A charge with Canara Bank of Rs. 12.00 cr registered on 22 Jan 2018 with Charge ID 100205634 was modified on 08 Aug 2023.

    08 Aug 2023
  • Activity

    Director Appointment

    Mathialagan Birathiviraj was appointed as a Director was appointed as a Director on 31 Jul 2023 & has been associated with this company since 9 months 19 days .

    31 Jul 2023

Frequently asked questions

What is the Incorporation or founding date of Tamilnadu State Transport Corporation Salem Limited?

Tamilnadu State Transport Corporation Salem Limited was incorporated 51 years 3 months ago on 23 Jan 1973 with Registrar of Companies Roc Coimbatore.

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