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 30-6-2024)
|
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.
Q.1) Is Modern Threads Limited is a private or public company?
Modern Threads Limited is a Public incorporated on 28 August 1980.
Q.2) Is Modern thread a good company?
Thread has an overall rating of 3.3 out of 5, based on over 31 reviews left anonymously by employees. 40% of employees would recommend working at Thread to a friend and 34% have a positive outlook for the business. This rating has decreased by 3% over the last 12 months.
Q.3) In which field the work of Modern Threads Limited?
The company is a manufacturer & supplier of woolens, threads and offers grey, dyed, and fancy yarns made of polyester viscose. Its products include raw white, dyed, and fancy polyester/viscose blended yarn; polyester and viscose spun yarns; and polyester sewing threads in single, double, and multifold yarn for weaving knitting, upholstery, sewing, and other industrial use.
Q.4) Which is the state where Modern Threads limited is incorporated?
Modern Threads Limited is incorporated in Bhilwara, Rajasthan.
