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Our company was incorporated as a Private Limited Company namely “Cedaar Textile Private Limited” under the Companies Act 2013 vide Certificate of Incorporation dated 28-09-2020 issued by Registrar of Companies ROC Bangalore bearing Registration no. 139070. Thereafter our Company was converted into a Public Limited Company in pursuance of a special resolution passed by the members of our Company at the Extra Ordinary General Meeting held on April 30 2024. A fresh Certificate of Incorporation consequent to conversion was issued on August 23 2024 by the Registrar of Companies ROC CPC Manesar Haryana and consequently the name of our Company was changed from “Cedaar Textile Private Limited” to “Cedaar Textile Limited”. The Company’s Corporate Identification Number is U17299KA2020PLC139070.MAJOR EVENTS AND MILESTONES:2020- Company Founded by Rajesh Mittal Virender Goyal Bachangada Monnappa SaraswathiMonnappa Nachappa Bachangada on 29 Sep 2020 and Company got certificate of Registration by Registrar of Companies ROC Bangalore.2021- We received our first export order on 30-12-2020 a very first month we have started as Cedaar Textile from Tex global PTE for the value of Rs. 41 Lakhs and First domestic order from Essel Industries on 24.12.2020 for Rs. 25Lakhs Approx2022- We have achieved the highest sales this financial year where approx. 60% revenue is of export.2023- Company Increased its Authorized Capital on August 28 20232024- Installation of 2 MW Solar plant in the factory and successfully running the same and planning for second project as well.- Company Increased its Authorized Capital on January 202024- Company Issue/ allotted Bonus to its Shareholders on Feb 7 2024- Company Increased its Authorized Capital on April 302024- Company conversion of Public limited i.e from “Cedaar Textile Private Limited” to “Cedaar Textile Limited” and received its fresh certificate from Ministry of Corporate Affairs dated August 23 2024- Company Increased the Authorised Capital from Rs 8.25 Crores to 15 Crores for IPO purposes
Name | Position |
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Mr. Rajesh Mittal | Managing Director |
Mr. Virender Goyal | Director & CFO |
Mr. Monnappa Nachappa Bachangada | Non Executive Director |
Mrs. Bachangada Monnappa Saraswathi | Non Executive Director |
Mr. Yogendra Kumar Singhal | Ind. Non-Executive Director |