About Tower Overseas Limited
Data last updated: 23 December 2025
Tower Overseas Limited is a public limited company based in Ahmedabad, Gujarat, India. It specialises in brokerage and trading services, a part of the broader financial services sector. Incorporated on 16 December 1986, the company has been in operation for over 40 years.
Registered with ROC Ahmedabad under CIN U17119GJ1986PLC009237.
Capital: an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹5 Cr. Formerly known as M. D. Roadlines P Ltd and M. D. Roadlines Ltd. It is led by directors including Arunkumar Champaklal Nagori and Sharadkumar Parmanand Muchhala.
Last AGM: 18 September 2025. Financial statements filed for year ended 31 March 2025. Office: Vimal Towers 7 Gadhvi Society Navrangpura, Ahmedabad, Gujarat, India – 380014.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.55 Cr, a decline of 75% compared to the previous year.
As per MCA filings, the company has satisfied charges of ₹91.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website toweroverseas.com.
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Registered AddressVimal Towers 7 Gadhvi Society Navrangpura, Ahmedabad, Gujarat, India – 380014
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IndustryFinancial Services, Brokerage & Trading Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Tower Overseas Limited
Tower Overseas Limited has undergone 2 name changes throughout its history. The company was previously known as M. D. Roadlines P Ltd, and M. D. Roadlines Ltd. The current legal name is Tower Overseas Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Tower Overseas Limited | Current |
| M. D. Roadlines P Ltd | Previous |
| M. D. Roadlines Ltd | Previous |
Business Activity of Tower Overseas Limited
Tower Overseas Limited is engaged in the principal business activity of trade, with detailed activities including retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details for Tower Overseas Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
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Auditor Details of Tower Overseas Limited
Tower Overseas Limited is audited by H. S. JANI & ASSOCIATES for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H. S. JANI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Tower Overseas Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
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Board of Directors of Tower Overseas Limited
Tower Overseas Limited is currently managed by 3 directors, with 4 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Arunkumar Champaklal Nagori
Also directs:
Yashraj Investments And Leasing Company Private Limited, Anjali Fiscal Pvt Ltd, Liberty Consultants Private Limited and 1 more
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Director | 20 Jan 2010 | 16 Years 7 Months | Current |
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Sharadkumar Parmanand Muchhala
Also directs:
Yashraj Investments And Leasing Company Private Limited
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Director | 15 Mar 1993 | 33 Years 5 Months | Current |
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Vimal Ramniklal Ambani
Also directs:
Yashraj Investments And Leasing Company Private Limited, Action Exports Llp, Sevati Real Estates Llp and 4 more
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Managing Director | 15 Mar 1993 | 33 Years 5 Months | Current |
Financials of Tower Overseas Limited FY 2025 filings available
Tower Overseas Limited reported revenue of ₹2.55 Cr (down 75.00% YoY) for FY 2025.
Ten-year financial statements for Tower Overseas Limited
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Ownership and Shareholding of Tower Overseas Limited
Shareholding and ownership data for Tower Overseas Limited
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Charges & Borrowings of Tower Overseas Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Dec 2008 | State Bank of India | ₹30 Cr | Satisfied |
| 04 Oct 2006 | Kotak Mahindra Bank Ltd | ₹1.5 Cr | Satisfied |
| 11 Aug 2006 | Hdfc Bank Limited | ₹60 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Tower Overseas Limited
View historical data on people associated with Tower Overseas Limited, including employment history and EPFO contributions.
Employee and EPFO history for Tower Overseas Limited
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GST Compliance of Tower Overseas Limited
GST registrations and filing compliance for Tower Overseas Limited
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Credit Ratings, Litigation & Regulatory Alerts for Tower Overseas Limited
Credit ratings, litigation, and regulatory alerts for Tower Overseas Limited
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- Rating history
- Court and tribunal cases
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MSME Payment Delays by Tower Overseas Limited
MSME payment history for Tower Overseas Limited
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Subsidiaries & Group Companies of Tower Overseas Limited
Corporate group structure for Tower Overseas Limited
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MCA Filings & Documents of Tower Overseas Limited
MCA filings and documents for Tower Overseas Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
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- Annual returns and statements
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- Complete filing index
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Recent Activity on Tower Overseas Limited
Frequently Asked Questions about Tower Overseas Limited
Tower Overseas Limited is an active public limited company in the financial services sector based in Ahmedabad, Gujarat, India. It was incorporated on 16 December 1986 (40+ years old) and is registered under CIN U17119GJ1986PLC009237.
Tower Overseas Limited reported revenue of ₹2.55 Cr for FY 2025 (down 75.00% YoY).
The current directors of Tower Overseas Limited are:
- Arunkumar Champaklal Nagori - Director
- Sharadkumar Parmanand Muchhala - Director
- Vimal Ramniklal Ambani - Managing Director
The primary industry of Tower Overseas Limited is financial services. The company specifically operates in brokerage and trading services. The company is currently active in this sector.
Tower Overseas Limited can be reached at the registered office: Vimal Towers 7 Gadhvi Society Navrangpura, Ahmedabad, Gujarat, India – 380014, or through the website toweroverseas.com.
The authorised capital is ₹7.5 Cr, and the paid-up capital is ₹5 Cr.