Ambadi Investments Limited is registered at the registrar of companies, Chennai on 06 May 1942. Its authorized share capital is Rs. 20,00,00,000 and its paid-up capital is Rs. 2,44,30,220.
Ambadi Investments Limited is registered with the reserve bank of India as a systemically important non-deposit-accepting core investment company. The company is primarily a holding company, holding investments in its subsidiaries and associate companies in the Murugappa group, and carries out only such activities as are permitted under the directions issued by RBI.
Ambadi Investments Limited has strategic, long-term investments in the share capital of leading listed companies of the Murugappa group and derives its income mainly by way of dividends from these companies. The company neither holds nor accepts deposits from the public. Founded in 1900, the INR 381 billion (38,105 Crores) Murugappa Group is one of India's leading business conglomerates. The group has 29 businesses including ten listed Companies traded in NSE & BSE. Headquartered in Chennai, the major companies of the group include Carborundum Universal Ltd., Cg Power And Industrial Solutions Ltd., Cholamandalam Financial Holdings Ltd., and Cholamandalam Investment & Finance Company Ltd., CholamandalamMs General Insurance Company Ltd., Coromandel International Ltd., Coromandel Engineering Company Ltd., E.I.D. Parry (India) Ltd., Parry Agro Industries Ltd., Shanthi Gears Ltd., Tube Investments Of India Ltd. And Wendt (India) Ltd.
CIN of Ambadi Investments |
U65993TN1942PLC003659 |
Registration Date of Ambadi Investments |
06 May 1942 |
Category/Sub-category of Ambadi Investments |
Company limited by Shares/Non-govt company |
Ambadi Investments Registered office address & contact details |
‘Parry House, 5th Floor, 43 Moore Street, Chennai - 600 001 Tel: 91.44.42286725 Fax: 91.44.42110404. Email- easwaranpr@tii.murugappa.com |
of Ambadi Investments Registrar & Transfer Agent address & contact details |
K Fin Technologies Private Limited (formerly, Karvy Fintech Private Limited) Karvy Selenium Tower B, Plot No.31-32 Gachibowli, Financial District, |
|
S.NO. |
Name Of The Company |
Category |
%Of Shares Held |
|
1. |
Parry Agro Industries Limited |
Subsidiary |
77.93% |
|
2. |
Parry Enterprises India Limited |
Subsidiary |
77.10% |
|
3. |
Tube Investments Of India Limited |
Associate |
35.77 |
|
4. |
Cholamandalam Financial Holdings Limited |
Associate |
37.70 |
|
5. |
E.I.D.-Parry (India) Limited |
Associate |
38.43 |
|
6. |
Carborundum Universal Limited |
Associate |
29.57 |
|
7. |
Kartik Investments Trust Limited |
Associate |
30.64 |
|
8. |
Chola Insurance Distribution Services Ltd |
Associate |
50.00 |
|
9. |
Cholamandalam Investment And Finance Company Limited |
ASSOCIATE |
21.24* |
|
S.NO. |
Name of the Directors |
Category |
|
1. |
Mr. M A Alagappan |
Chairman |
|
2. |
Mr. A Vellayan |
Director |
|
3. |
Mr. M MMurugappan |
Director |
|
4. |
Mr. M M Venkatachalam |
Director |
|
5. |
Mr. M A M Arunachalam |
Director |
|
6. |
Mr. Vellayan Subbiah |
Director |
|
7. |
Mr. P Nagarajan |
Independent Director |
|
8. |
Mr. P R Ravi, Independent |
Director |
|
Name & Description of main products/services |
NIC Code of the Product /service |
% to the total turnover of the company |
|
Financial and insurance service |
64990 |
100% |
|
S. No. |
Shareholder’s Category |
No. of Shares |
% of total Shares of the company |
|
1. |
PROMOTERS |
2314427 |
94.73% |
|
2. |
PUBLIC |
128595 |
5.26% |
|
3. |
TOTAL |
2443022 |
100% |
The spread of COVID-19 has severely impacted businesses around the globe. In many countries, including India, there has been severe disruption to regular business operations due to lockdowns, disruptions in transportation, supply chain, travel bans, quarantines, social distancing, and other emergency measures.
The Company has made a detailed assessment of its liquidity position. It has not breached any debt covenants and has adequate sanctioned credit facilities which can be used as and when necessary and has the ability to repay the debts as and when they fall due.
The Company also has assessed the recoverability and carrying values of its assets comprising current and non-current investments as of the balance sheet date and has concluded that there are no material adjustments required.
