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Gaekwar Mills Ltd. (India)

Main Activities: Fiber, Yarn, and Thread Mills | Textile Furnishings Mills
Full name: Gaekwar Mills Ltd. Profile Updated: October 22, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Gaekwar Mills Ltd is a company located in Mumbai, Maharashtra. It was incorporated on 16 June 1928 and is engaged in the business of manufacturing fabrics in the textile industry. The company had a unit that was declared sick, but it has since set up a fresh unit and cleared all liabilities. Currently, the company is focused on developing 60% of its own land in Bilimora, Gujarat. In 2015, some former workers filed three Special Leave Applications before the Supreme Court of India challenging various orders of the Gujarat and Bombay High Courts in favor of the company. These applications were disposed of by an order of the Supreme Court on 13 January 2015. The company came out of liquidation in 2016 by an order passed by the Bombay High Court. For more information, contact Gaekwar Mills Ltd at their address in Mumbai or visit their website.

Legal Address
2/2, Plot - 2, New Sion CHS,, Swami Vallabhdas Marg, Road No. 24
Mumbai; Maharashtra; Postal Code: 400022

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Website: http://www.gaekwarmills.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1929
Key Executives
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Chairman
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Independent Director
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Independent Director
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Chief Financial Officer
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Additional Director
Ownership Details
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75.63%
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21.93%
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2.44%
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Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Operating profit (EBIT)
0.81%
Net Profit (Loss) for the Period
2.63%
Total equity
0%
Return on Equity (ROE)
1.5%

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