Texel Industries Limited - Company Profile

Q: Who are the current directors of Texel Industries Limited?

The current directors of Texel Industries Limited are Shubham Kiran Shah, Avni Chouhan, Jasmin Nahidakhtar Vhora, Shubham Kiran Shah, Umeshbhai Arvindbhai Vyas, Shaileshbhai Mehta Ramniklal, Naresh Mehta Ramniklal, Parth Prakash Niphadkar.

It is a manufacturing public limited company based in Matar, Gujarat, India, established in 1989.

1989 Matar, Gujarat, India Active

Last Updated: December 23, 2025

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About Texel Industries Limited

Texel Industries Limited, a active public limited company, was established on 02 August 1989 in Matar, Gujarat, India. Engaging in plastic-based products within the manufacturing sector, it holds CIN: L29100GJ1989PLC012576. Registered under ROC Roc Ahmedabad. it is listed on BSE: 526638. It has an authorized capital of ₹20.00 Cr and a paid-up capital of ₹13.31 Cr.

Formerly known as Texel Plastics Limited, Texel Plastics Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹100.30 Cr and a net worth of ₹24.87 Cr. Employing 96 professional, Its leadership includes Avni Chouhan (Director), Jasmin Nahidakhtar Vhora (Director), Shubham Kiran Shah (Company Secretary). Past directors included Dhruvi Rameshbhai Patel, Avni Chouhan, Vikram Babubhai Patel. It holds ₹8.51 Cr open charges and ₹15.11 Cr settled loans. Its latest AGM occurred on 24 August 2024, with the balance sheet filed on 31 March 2024. It is based at Unit No. P-2,, Prime Industrial And Logistics Hub,, Matar, Gujarat, 387570.

Company Details

CIN/LLPIN
L29100GJ1989PLC012576
Registration Number
012576
Incorporation Date
02 August 1989
Authorized Capital
₹20.00 Cr
Paid-Up Capital
₹13.31 Cr
ROC Code
Roc Ahmedabad
Listing Status
Listed (BSE: 526638)
Company Status
Active

Key Metrics

Authorised Capital ₹ 20.00 Cr as on 23-12-2025
Paid Up Capital ₹ 13.31 Cr as on 23-12-2025
Company Age 36 Year, 6 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 8.51 Cr as on 23-12-2025
Satisfied Charges ₹ 15.11 Cr as on 23-12-2025
Revenue Growth **** 8.97% (FY 2023)
Profit Growth **** -945.36% (FY 2023)
Ebitda **** -128.60% (FY 2023)
Net Worth -30.42% (FY 2023)
Total Assets **** 3.27% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Texel Industries Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Texel Industries Limited?

Current Directors

Name	Designation	Appointment Date	Status
Avni Chouhan	Director	13 Jul 2024	Current
Jasmin Nahidakhtar Vhora	Director	13 Feb 2015	Current
Shubham Kiran Shah	Company Secretary	09 Dec 2023	Current
Umeshbhai Arvindbhai Vyas	Director	28 May 2024	Current
Shaileshbhai Mehta Ramniklal	Managing Director	02 Aug 1989	Current
Naresh Mehta Ramniklal	Director	02 Aug 1989	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Company Secretary	06 Oct 2023	Past
Pramod Abcsdd	Additional Director	22 Aug 2023	Past
Pramod Abcsdd	Cfo(Kmp)	-	Past
Pramod Abcsdd	Additional Director	30 Nov 2015	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Cfo	31 Mar 2017	Past

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Financial Performance of Texel Industries.

Texel Industries Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.97% increase. The company also saw a substantial fall in profitability, with a 945.36% decrease in profit. The company's net worth observed a substantial decline by a decrease of 30.42%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

8.97%

*******

Revenue from Operations

*******

9.66%

*******

Total Assets

*******

3.27%

*******

Profit or Loss

*******

-945.36%

*******

Net Worth

*******

-30.42%

*******

EBITDA

*******

-128.60%

*******

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What is the Ownership and Shareholding Structure of Texel Industries?

In 2023, Texel Industries had a promoter holding of 41.81% and a public holding of 58.19%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹85,069,797.00

Satisfied Charges

₹151,080,880.00

Charges Breakdown by Lending Institutions

Sidbi : 4.72 Cr
Others : 3.65 Cr
Hdfc Bank Limited : 0.13 Cr

Latest Charge Details

Date	Lender	Amount	Status
08 Oct 2025	Others	₹6.14 M	Open
09 May 2024	Sidbi	₹4.72 Cr	Open
13 Aug 2021	Others	₹3.04 Cr	Open
05 Dec 2020	Hdfc Bank Limited	₹1.30 M	Open
18 Feb 2021	Others	₹1.96 Cr	Satisfied

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How Many Employees Work at Texel Industries?

Texel Industries has a workforce of 96 employees as of Apr 01, 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.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Texel Industries, 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 Texel Industries's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Texel Industries

Recent Activity within the Organization

Charges

Progress on A charge with Others amounted to Rs. 0.61 Cr with Charge ID 101185136 was registered on 08 Oct 2025. was documented.
08 Oct 2025
Charges

Progress on A charge registered on 18 Feb 2021 via Charge ID 100422966 with Others was fully satisfied on 14 Nov 2024. was documented.
14 Nov 2024
Annual General Meeting

Progress on Texel Industries Limited last Annual general meeting of members was held on 24 Aug 2024 as per latest MCA records. was documented.
24 Aug 2024
Director Appointment

Progress on Parth Prakash Niphadkar was appointed as a Cfo was appointed as a Cfo on 08 Aug 2024 & has been associated with this company since 1 year 6 months . was documented.
08 Aug 2024
Director Appointment

The activity Avni Chouhan was appointed as a Director was appointed as a Director on 13 Jul 2024 & has been associated with this company since 1 year 7 months . was completed.
13 Jul 2024
Charges

The activity A charge with Others of Rs. 1.96 Cr registered on 18 Feb 2021 with Charge ID 100422966 was modified on 01 Jun 2024. was completed.
01 Jun 2024

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