About Modern Thread Limited Delisted Shares
Modern Threads (India) Limited is a Public limited company, incorporated on 28th August, 1980 having its registered office at Modern Woolens, Hamirgarh Road, Pragati Path, Near Transport Nagar, Bhilwara-311001 (Rajasthan) India. Its Authorized capital is Rs. 1,85,00,00,000 and Paid up capital is Rs. 34,77,51,600. The Company now is one of the biggest manufacturers and exporters of wool and blended worsted yarn from India. Modern Woolens, having its plant at Bhilwara, Rajasthan, is a highly acclaimed name, as manufacturers and exporters of wool and blended worsted yarn from India. Modern has achieved an international pre-eminence in the field of processing wool during the course of time.
INCORPORATION DETAILS
|
CIN |
L17115RJ1980PLC002075 |
|
Registration Date |
28 August 1980 |
|
Category/Sub-category of the Company |
Limited by Shares/ Non-govt company |
|
Address of the Registered office and contact details |
Modern Threads (India) Limited Unit : Modern Woolens, Hamirgarh Road, Pragati Path Near Transport Nagar, Bhilwara-311001 (Rajasthan) Phone : 91-1482-241801, |
|
Name, Address and Contact Details of Registrar and Transfer Agent, if any |
M/s Integrated Registry Management Services Private Limited 2nd Floor, Kences Towers, North Usman Road, T Nagar, Chennai 600 017 |
PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY
|
Name and Description of main products/services |
NIC Code of the product/service |
% to the total turnover of the Company |
|
Wool |
13123 |
60.27% |
|
Yarn |
20303 |
39.73% |
BOARD OF DIRECTORS
Shri Rajesh Ranka – Chairman & Managing Director
Shri Ram Awatar Kabra – Executive Director
Smt. Veena Jain – Non-Executive, Non-Independent Director
Shri J.N. Sharma – Non-Executive, Independent Director
Mrs. Ankita Jain – Non-Executive, Independent Director
Shri C.M. Jain – Non-Executive, Independent Director
PARTICULARS OF SUBSIDIARY AND ASSOCIATE COMPANIES
Modern Thread Limited does not have any subsidiary or associate company.
SHAREHOLDING PATTERN (As of 30-6-2022)
|
S. No. |
Shareholders’ Name |
Number of shares |
% of total Shares of the company |
|
1. |
Promoter Group |
2,26,36,901 |
65.095% |
|
2. |
Public Shareholding |
1,21,38,259 |
34.905% |
|
|
Total |
3,47,75,160 |
100.00% |
INDUSTRY OUTLOOK
Consistent efforts are being made by the Woolens Division of the Company to ensure sustainable leadership for its products in global market. Woolen division has also initiated efforts to retain existing customers’ base and contacting newer customers in overseas market with different product range in worsted yarn so as to achieve improved performance and profitability in the ensuing period.
