About CENTRON INDUSTRIAL ALLIANCE LIMITED Unquoted/Illiquid Shares
CENTRON INDUSTRIAL ALLIANCE LIMITED is engaged in the trading of various products.
However, in FY 2019 and FY 2020, the company didn’t earn anything by trading or manufacturing any product. Their income was only by selling the shares they held as investments.
The Equity shares of the company are listed on the Bombay Stock Exchange of India. However, the trading of the shares of Centron Industrial Alliance Limited is suspended with effect from September 2015 due to non-compliance issues.
INCORPORATION DETAILS
|
CIN |
L28931MH1949PLC007928 |
|
Registration Date |
20 December 1949 |
|
Category/Sub-category of the Company |
Company Limited by Shares |
|
Address of the Registered office and contact details |
21, Floor-2, Plot 741, 7B Prem Court, Dr. Gopalrao Deshmukh Marg, Cumballa Hilla, Mumbai- 400026 |
|
Name, Address, and Contact Details of Registrar and Transfer Agent, if any |
M/s. Adroit Corporate Services Private Limited 19, Jafer Bhoy Industrial Estate,1st Floor, Makwana Road, Marol Naka, Andheri(E), Mumbai- 400059 Tel.:022 - 42270400,28596060/4060, |
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 |
|
Cloth Fabrics |
5149 |
100% |
BOARD OF DIRECTORS
B A Kulkarni (Chairman)
Ravindra Hetawal (Independent Director)
Mrs. Shobha Garg (Woman Director)
Manish Bhutra (Independent Director)
Anand Pratap Singh (Executive Whole Time Director)
PARTICULARS OF SUBSIDIARY AND ASSOCIATE COMPANIES
CENTRON INDUSTRIAL ALLIANCE LIMITED does not have any subsidiary or associate company.
SHAREHOLDING PATTERN (As of 31-03-2020)
|
S. No. |
Shareholders’ Name |
Number of shares |
% of total Shares of the company |
|
1 |
Hemal Arunbhai Mehta |
41,00,000 |
4.12% |
|
2 |
Krunal Bhupendrabhai Makwana |
37,00,000 |
3.71% |
|
3 |
Manish Nayansukh Gandhi |
46,58,653 |
4.68% |
|
4 |
Others |
8,71,41,347 |
87.49% |
|
|
Total |
9,96,00,000 |
100.00% |
INDUSTRY OUTLOOK
India is one of the largest textile producers in the world. The textile sector accounts for around 14% of industrial production in India and contributes around 4% to Gross Domestic Product. The textile sector is one of the largest employment-giving sectors of India. The Textile industry is widely varied with hand-spun and hand-woven textiles sectors at one end of the spectrum and large mills at the other end.
The textiles and apparel exports from India form 11% of mercantile shipments in FY 2020. Cotton production in India reached 36.04 million bales in FY 2020. India is the second largest producer of cotton accounting for 25% of the global cotton area and 18% of global cotton production.
In April 2021, the Government of India announced that the PLI scheme will very soon be introduced to the textile sector. It is expected that Gorakhpur, Uttar Pradesh will be the new major garment manufacturing center. The Gorakhpur Industrial Development Authority (GIDA) will be providing up to 4 acres of land for the construction of the factory. The government of India is working to boost and improve the textile industry of India. The future of the Indian Textile industry is promising.
