About Tannex Apparels Limited.
Data last updated:
Tannex Apparels Limited. is a public limited company based in Cuddalore, Tamil Nadu, India, a subsidiary of Atlas Worldwide Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 09 April 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U19100TN2009PLC071278. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹19.5 Cr and a paid-up capital of ₹19.44 Cr. It was formerly known as Atlas Leather Limited and Atlas Leather Limited. It is led by directors including Kannan and Ponnusamy.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kullanchavadi Road Marungur Village Panruti Taluk, Cuddalore, Tamil Nadu, India – 607103.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.57 Cr. For the same year it recorded a net loss of ₹10.64 Cr (net margin -297.8%) and EBITDA of -₹10.64 Cr (EBITDA margin -297.8%). Revenue has grown at a compounded annual rate (CAGR) of 495% over three years and 135% over five years.
As per MCA filings, the company has open charges of ₹24.77 Cr on record. Court records list 19 cases involving the company, including 5 filed by the company and 14 filed against it; 10 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website tannex.com.
Company details
Name history
Tannex Apparels Limited has undergone 3 name changes throughout its history. The company was previously known as Atlas Leather Limited, Atlas Leather Limited, and Atlas Leather Private Limited. The current legal name is Tannex Apparels Limited..
| Company Name | Status |
|---|---|
| Tannex Apparels Limited. | Current |
| Atlas Leather Limited | Previous |
| Atlas Leather Limited | Previous |
| Atlas Leather Private Limited | Previous |
CIN history
Tannex Apparels Limited has one previous CIN (Corporate Identification Number): U19100TN2009PTC071278. The current CIN is U19100TN2009PLC071278, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U19100TN2009PLC071278 | Current |
| U19100TN2009PTC071278 | Previous |
Contact details
Tannex Apparels Limited.'s registered office is in Cuddalore, Tamil Nadu. Its website is tannex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressKullanchavadi Road Marungur Village Panruti Taluk, Cuddalore, Tamil Nadu, India – 607103
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Tannex Apparels Limited., buy the company report.
- 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
Business activity
The main business activities of Tannex Apparels Limited are manufacturing and real estate. In detail, this covers textile, leather and other apparel products and real estate activities on fee or contract basis. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
Financials of Tannex Apparels Limited.
FY 2025 filings availableTannex Apparels Limited. reported revenue of ₹3.57 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 135% over five years. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹10.64 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹10.64 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -297.8% | ||||
| Net Profit Margin | -297.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Tannex Apparels Limited., buy the company report.
Board of directors of Tannex Apparels Limited.
Tannex Apparels Limited has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kannan Also directs: Providence Power Private Limited | Director | 12 Mar 2014 | 12 Years 7 Months | Current |
| Ponnusamy | Director | 12 Mar 2014 | 12 Years 7 Months | Current |
| Ramachandran Perumal Also directs: BMG Leather International Private Limited | Additional Director | 12 Sep 2018 | 8 Years 1 Months | Current |
Auditor
Tannex Apparels Limited. is audited by RAM RAJ & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAM RAJ & CO | FY 2021 | 002839S |
Shareholding
The shareholding of Tannex Apparels Limited. is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Tannex Apparels Limited., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2011 | 10287122 | Others | ₹11.7 Cr | Open | |
| 12 Feb 2004 | 90302976 | Others | ₹1 Lakh | Open | |
| 16 Apr 1999 | 90286271 | Others | ₹13.06 Cr | Open |
To see the full charge records of Tannex Apparels Limited., buy the company report.
Total charge records: 3 View all charges
Legal cases
Tannex Apparels Limited. has 19 court cases on record: 5 filed by Tannex Apparels Limited, 14 filed against it. 10 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 19 | 14 | 10 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Writ petition | Filed against the company by an individual | Pending |
| High Court, TAMIL NADU | Writ petition | Filed against the company by an individual | Pending |
| High Court, TAMIL NADU | Writ petition | Filed against the company by an individual | Pending |
| High Court, TAMIL NADU | Writ petition | Filed against the company by an individual | Pending |
| High Court, TAMIL NADU | Writ petition | Filed against the company by an individual | Pending |
To see the full case history of Tannex Apparels Limited., buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Tannex Apparels Limited.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tannex Apparels Limited has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Tannex Apparels Limited., buy the company report.
Recent activity
Tannex Apparels Limited. has 12 board changes on record since 2010: 4 appointments and 8 cessations. The latest: Ramachandran Perumal was appointed as Additional Director on 12 Sep 2018.
9 earlier events are in the company report.
Frequently asked questions
Tannex Apparels Limited is an active public limited company based in Cuddalore, Tamil Nadu, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 09 April 2009 (17+ years old) and is registered under CIN U19100TN2009PLC071278.
Tannex Apparels Limited has 3 current directors:
- Kannan - Director
- Ponnusamy - Director
- Ramachandran Perumal - Additional Director
The latest financial statements of Tannex Apparels Limited on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Tannex Apparels Limited has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Tannex Apparels Limited is U19100TN2009PLC071278. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tannex Apparels Limited has 19 court cases on record: 5 filed by the company and 14 filed against it. 10 are pending.
Tannex Apparels Limited was incorporated on 09 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chennai.
Ramachandran Perumal was appointed as Additional Director on 12 Sep 2018. Sundararaman Gowri Shankar ceased to be Director on 12 Sep 2018. Padmanabhan Arunachalam was appointed as Manager on 31 Dec 2015. Tannex Apparels Limited has 12 board changes on record in total.
Tannex Apparels Limited can be reached through the website tannex.com. Its registered office is in Cuddalore, Tamil Nadu, India.
The registered office of Tannex Apparels Limited is at Kullanchavadi Road Marungur Village Panruti Taluk, Cuddalore, Tamil Nadu, India – 607103.
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