It is a metals and minerals public limited company based in Madurai, Tamil Nadu, India, established in 1993.
1993 | Madurai, Tamil Nadu, India | Dormant Under Section 455Tower Steels Limited, a dormant under section 455 public limited company, was established on 07 June 1993 in Madurai, Tamil Nadu, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: U27105TN1993PLC025178. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹2.55 Cr and a paid-up capital of ₹2.05 Cr.
Formerly known as Tor Steels (India) Ltd. Its leadership includes Padmanabhan Ganapathy Subramanian (Director), Athisayapandiyan Pushparajan (Director), Dhasarathan Nehru (Director). Past directors included Harishraj, Ramaiah Jeyaraj. It holds no open charges and ₹8.08 Cr settled loans. Its latest AGM occurred on 30 December 2015, with the balance sheet filed on 31 March 2015. It is based at Plot No C19Sidco Industrial Estate Kappalur, Madurai, Tamil Nadu, 625008.
U27105TN1993PLC025178
025178
07 June 1993
₹2.55 Cr
₹2.05 Cr
Roc Chennai
Unlisted
Dormant Under Section 455
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Padmanabhan Ganapathy Subramanian | Director | 10 Aug 2023 | Current |
| Athisayapandiyan Pushparajan | Director | 19 Oct 2023 | Current |
| Dhasarathan Nehru | Director | 19 Oct 2023 | Current |
| Vishnuraj | Director | 31 Mar 2021 | Current |
| Thillairaj Doorairaj | Managing Director | 13 Aug 1994 | Current |
| Thangaraj Doorairaj | Director | 13 Aug 1994 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 18 Nov 2016 | Past |
| Pramod Abcsdd | Director | 22 Feb 2013 | Past |
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Tower Steels Limited, for the financial year ended 2015, experienced significant reduction in revenue, with a 67.71% decrease. The company also saw a substantial improvement in profitability, with a 475.31% increase in profit. The company's net worth observed a substantial decline by a decrease of 65.8%.
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In 2015, Tower Steels had a promoter holding of 84.56% and a public holding of 15.44%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹0
₹80,800,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Apr 2007 | Sabari Exim Private Limited | ₹1.28 Cr | Satisfied |
| 26 Sep 2002 | The Federal Bank Ltd | ₹3.55 Cr | Satisfied |
| 01 Sep 1995 | The Federalbank Limited | ₹3.25 Cr | Satisfied |
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The activity Athisayapandiyan Pushparajan was appointed as a Director was appointed as a Director on 19 Oct 2023 & has been associated with this company since 2 years 1 month . was completed.
Progress on Dhasarathan Nehru was appointed as a Director was appointed as a Director on 19 Oct 2023 & has been associated with this company since 2 years 1 month . was documented.
Progress on Padmanabhan Ganapathy Subramanian was appointed as a Director was appointed as a Director on 10 Aug 2023 & has been associated with this company since 2 years 3 months . was documented.
Vishnuraj was appointed as a Director was appointed as a Director on 31 Mar 2021 & has been associated with this company since 4 years 7 months . was recorded as a recent event.
Progress on Rameshbabu was appointed as a Additional Director was appointed as a Additional Director on 18 Nov 2016 & has been associated with this company since 9 years 10 days . was documented.
Tower Steels Limited last Annual general meeting of members was held on 30 Dec 2015 as per latest MCA records. was recorded as a recent event.
The CIN of Tower Steels Limited is U27105TN1993PLC025178.
Tower Steels Limited is headquartered at Plot No C19Sidco Industrial Estate Kappalur, Madurai, Tamil Nadu, 625008.
Tower Steels Limited was incorporated on 07 June 1993.
The current directors of Tower Steels Limited are
The primary industry of Tower Steels Limited is Manufacturing.
Tower Steels Limited is unlisted.
The authorized capital of Tower Steels Limited is ₹2.55 Cr, and the paid-up capital is ₹2.05 Cr.
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