The Cotton Corporation Of India Limited logo

The Cotton Corporation Of India Limited

Government-owned company supports cotton prices and supplies raw materials to textile industry.

1970 Thane, Maharashtra (India) Active

About

Basic Data Updated:

11 days ago

"THE COTTON CORPORATION OF INDIA LIMITED - With a strong focus on supporting the Indian textile industry, The Cotton Corporation of India Limited operates as a Public Sector Undertaking under the Ministry of Textiles, Government of India. This esteemed company plays a vital role in stabilizing the market prices of cotton by implementing price support operations, ensuring that the minimum support prices (MSP) set by the government are met. Additionally, TCCIL also conducts commercial purchase operations to meet the raw material needs of the domestic textile industry, especially during the lean season. With its headquarters located in Navi Mumbai, Maharashtra, the company has a widespread presence across the country with 19 branches and 450 cotton procurement centers in major cotton-growing states. Established in 1970, TCCIL continues to be a key player in the Indian textile market."

Industry

Company Details

  • Location

    Thane, Maharashtra, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU51490MH1970GOI014733
Company No.014733
Company ClassificationPrivate Limited Union Government Company
Incorporation Date31 Jul 1970
Date of AGM29 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Mumbai

Financials of The Cotton Corporation Of India Limited

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The Cotton Corporation Of India Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 31.88% decrease. The company also saw a substantial fall in profitability, with a 49.13% decrease in profit. The company's net worth dipped by a decrease of 2.48%.

Corporate Structure

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People in The Cotton Corporation Of India Limited

Executive Team (1)

  • LG

    Lalit Gupta In Company Secretary

    Appointment Date: 12-Jan-2024

    Status: Current

Board Members(2)

Charges (Loans)

Open Charges Satisfied Charges

₹25,000.00 cr

₹13,000.00 cr

LenderAmountStatus

Others

Creation Date: 15 Jan 2002
₹25,000.00 CrOpen

State Bank Of India

Creation Date: 19 Feb 2021
₹12,500.00 CrSatisfied

Syndicate Bank

Creation Date: 24 Jan 2003
₹75.00 CrSatisfied

Deals i

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Rating

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Alert

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Recent activity within the organization

  • Activity

    Director Appointment

    Lalit Kumar Gupta was appointed as a Company Secretary was appointed as a Company Secretary on 12 Jan 2024 & has been associated with this company since 4 months 15 days .

    12 Jan 2024
  • Activity

    Annual General Meeting

    The Cotton Corporation Of India Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023
  • Activity

    Charges

    A charge registered on 19 Feb 2021 via Charge ID 100424312 with State Bank Of India was fully satisfied on 25 Jul 2023.

    25 Jul 2023
  • Activity

    Balance Sheet

    The Cotton Corporation Of India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023
  • Activity

    Director Appointment

    Prajakta Sudip Verma Lavangare was appointed as a Nominee Director was appointed as a Nominee Director on 05 Aug 2022 & has been associated with this company since 1 year 9 months .

    05 Aug 2022

Frequently asked questions

What is the Incorporation or founding date of The Cotton Corporation Of India Limited?

The Cotton Corporation Of India Limited was incorporated 53 years 9 months ago on 31 Jul 1970 with Registrar of Companies Roc Mumbai.

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