About
Basic Data Updated:
18 days agoVisagar Polytex Limited is involved in the production, sale, and exchange of textile products. A wide range of items, including traditional attire like sarees, lehangas, and suits, as well as interlining goods and various fabrics, are offered by the company. These products are marketed under the brand name 'Vividha'. With over 15 retail outlets scattered throughout the country, VPL has a strong presence in the market. The company's workforce comprises of more than 500 employees. Additionally, VPL has established itself in Gujarat, Rajasthan, West Bengal, and Maharashtra, with its corporate headquarters located in Mumbai.
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Website1222442
- Telephone1222442
- Email Address1222442
Financials of Visagar Polytex Limited
Visagar Polytex Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 30.17% decrease. The company also saw a substantial fall in profitability, with a 1471.02% decrease in profit. The company's net worth dipped by a decrease of 2.55%.
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Corporate Structure
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People in Visagar Polytex Limited
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Executive Team (3)
Tilokchand Kothari
Managing DirectorAppointment Date: 30-Nov-1997
Status: Current
PG
Parul Gupta Company SecretaryAppointment Date: 14-Jun-2021
Status: Current
SM
Sachin Mehta CFOAppointment Date: 28-Mar-2019
Status: Current
Board Members(5)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 28 Sep 2018 | ₹8.37 Cr | Open |
Hdfc Bank Limited Creation Date: 17 Jan 2018 | ₹0.38 M | Open |
Hdfc Bank Limited Creation Date: 15 Jul 2008 | ₹16.95 Cr | Satisfied |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
Visagar Financial Services Limited
Active
30 years 2 months Tilokchand Kothari, Kailash Chhaparwal and 2 more are mutual person
Maharashtra Corporation Limited
Active 41 years 5 months Tilokchand Kothari, Kuldeep Kumar and 1 more are mutual person
Shalimar Productions Limited
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Trisha Studios Limited
Active 16 years 14 days Tilokchand Kothari and Kaushal Yadav are mutual person
Sibsagar Trade And Agencies Private Limited
Active 27 years 4 months Tilokchand Kothari is a mutual person
Recent activity within the organization
Annual General Meeting
Visagar Polytex Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
30 Sep 2023Balance Sheet
Visagar Polytex Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
31 Mar 2023Director Appointment
Kuldeep Kumar was appointed as a Director was appointed as a Director on 28 Sep 2020 & has been associated with this company since 3 years 7 months .
28 Sep 2020Charges
A charge with State Bank Of India of Rs. 8.37 cr registered on 28 Sep 2018 with Charge ID 100252990 was modified on 29 Feb 2020.
29 Feb 2020Director Appointment
Madhu Bala Vaishnav was appointed as a Director was appointed as a Director on 05 Dec 2019 & has been associated with this company since 4 years 5 months .
05 Dec 2019
Recent News, Updates & Announcement
Maharashtra Corp buys 044 acre land in Ahmedabad plans commercial development.As Ahmedabad emerges as a swiftly developing market there has been a notable surge in real estate activities The citys location and favourable business environment have drawn the attention of investors and homebuyers alike fuelling the growth of its real estate sector.
Economic Times 29 Feb 2024
- Board of Visagar Polytex approves change in directorate.
Business Standard 02 Aug 2019
- Visagar Polytex standalone net profit rises 35000 in the September 2017 quarter.
4-Traders 19 Dec 2017
- Visagar Polytex appoints Yash Malhotra as additional director.
Visagar Polytex has informed that the Company had appointed Mr Yash Malhotra as an Additional Director NonExecutive Independent wef February 10 2017 Mr Yash Malhotra has been further induced in Nomination ampamp Remuneration Committee in place of Mr Tilokchand Kothari.
Moneycontrol 16 Feb 2017
Frequently asked questions
What is the Incorporation or founding date of Visagar Polytex Limited?
