About Veena Textiles Limited
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Veena Textiles Limited is a public limited company based in Namakkal, Tamil Nadu, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 08 April 1968 and has been in existence for over 58 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ1968PLC000584. Its GSTIN is 33AAACV6933A1ZQ (Tamil Nadu).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.04 Cr. It is led by directors including Parthiban and Balsubramanian Shanmugasundaram.
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 309 Salem Main Road Komaram Palayam, Namakkal, Tamil Nadu, India – 638183.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.34 Lakh, a decline of 41% compared to the previous year. For the same year it recorded a net loss of ₹7.5 Lakh (net margin -102.1%) and EBITDA of -₹5.97 Lakh (EBITDA margin -81.2%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 12% over five years.
The company is associated with 1 brand: Veena Textiles Ltd. As per MCA filings, the company has open charges of ₹3.39 Cr and satisfied charges of ₹6.95 Cr on record. Court records list 33 cases involving the company, including 21 filed by the company and 12 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veenatextiles.com.
Company details
CIN history
Veena Textiles has one previous CIN (Corporate Identification Number): L17111TZ1968PLC000584. The current CIN is U17111TZ1968PLC000584, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17111TZ1968PLC000584 | Current |
| L17111TZ1968PLC000584 | Previous |
Contact details
Veena Textiles Limited's registered office is in Namakkal, Tamil Nadu. Its website is veenatextiles.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address309 Salem Main Road Komaram Palayam, Namakkal, Tamil Nadu, India – 638183
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Veena Textiles 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
Brands
Veena Textiles operates one associated brand: Veena Textiles Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Textile manufacturing, marketing, and diversified business activities. | veenatextiles.com |
Business activity
The main business activity of Veena Textiles is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Veena Textiles Limited, buy the company report.
Financials of Veena Textiles Limited
FY 2025 filings availableVeena Textiles Limited reported revenue of ₹7.34 Lakh (down 41% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 41% fall in the latest year. EBITDA fell 43% in the latest year. 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 | -₹5.97 Lakh | ||||
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| Net Profit (PAT) | -₹7.5 Lakh | ||||
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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 | -81.2% | ||||
| Net Profit Margin | -102.1% | ||||
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To see the full financial statements and ratios of Veena Textiles Limited, buy the company report.
Board of directors of Veena Textiles Limited
Veena Textiles 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 |
|---|---|---|---|---|
| Parthiban Also directs: Superfine Bleaching Company Limited | Director | 12 Nov 2018 | 7 Years 11 Months | Current |
| Balsubramanian Shanmugasundaram | Director | 18 Jun 2022 | 4 Years 4 Months | Current |
| Rathinasamy Velmurugan | Director | 30 Sep 2002 | 24 Years 0 Months | Current |
Shareholding
The shareholding of Veena Textiles Limited is on record for 5 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 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Veena Textiles Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Aug 1995 | 90008290 | Elgi Finance Ltd. | ₹1.11 Cr | Open | |
| 06 Oct 1994 | 80063356 | Ifci Limited | ₹1 Cr | Open | |
| 15 Mar 1994 | 90008160 | Sundaram Fiance Ltd. | ₹4.84 Lakh | Open | |
| 13 Dec 1993 | 90008144 | Sundaram Fiance Ltd. | ₹3.16 Lakh | Open | |
| 15 Nov 1993 | 90008142 | Sundaram Finance Ltd. | ₹5.41 Lakh | Open |
To see the full charge records of Veena Textiles Limited, buy the company report.
Total charge records: 21 View all charges
Legal cases
Veena Textiles Limited has 33 court cases on record: 21 filed by Veena Textiles, 12 filed against it. 6 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 24 | 8 | 5 |
| District courts | 9 | 4 | 1 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (REV.APLW) | Filed by the company against Ifci Ltd. and 2 others | Pending |
| District court, Namakkal, Tamil Nadu | Civil suit | Filed by the company against M/S Industrial Investment Bank of India Ltd | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against Ifci Ltd and 4 others | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against Icici Bank Ltd., and 2 others | Pending |
| High Court, TAMIL NADU | Writ petition | Filed by the company against Ifci Ltd. and 2 others | Disposed |
To see the full case history of Veena Textiles 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 Veena Textiles Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Veena Textiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACV6933A1ZQ | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veena Textiles Limited, buy the company report.
Recent activity
Veena Textiles Limited has 11 board changes on record since 2002: 3 appointments and 8 cessations. The latest: Balsubramanian Shanmugasundaram ceased to be Additional Director on 30 Sep 2022.
32 earlier events are in the company report.
Frequently asked questions
Veena Textiles is an active public limited company based in Namakkal, Tamil Nadu, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 08 April 1968 (58+ years old) and is registered under CIN U17111TZ1968PLC000584.
Veena Textiles has 3 current directors:
- Parthiban - Director
- Balsubramanian Shanmugasundaram - Director
- Rathinasamy Velmurugan - Director
The latest financial statements of Veena Textiles 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.
The GSTIN of Veena Textiles is 33AAACV6933A1ZQ, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Veena Textiles is U17111TZ1968PLC000584. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veena Textiles has 33 court cases on record: 21 filed by the company and 12 filed against it. 6 are pending. Most are in the high courts.
Veena Textiles was incorporated on 08 April 1968, making it 58+ years old. It is registered with the Registrar of Companies, Coimbatore.
Balsubramanian Shanmugasundaram ceased to be Additional Director on 30 Sep 2022. Komarapalayam Soundappan Elavarashen ceased to be Managing Director on 08 Jul 2022. Balsubramanian Shanmugasundaram was appointed as Director on 18 Jun 2022. Veena Textiles has 11 board changes on record in total.
Veena Textiles can be reached through the website veenatextiles.com. Its registered office is in Namakkal, Tamil Nadu, India.
The registered office of Veena Textiles is at 309 Salem Main Road Komaram Palayam, Namakkal, Tamil Nadu, India – 638183.