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Abhishek Corp Ltd
Shiv-Parvati 17 E, Nagala Park
Phone: +91 2312651364p:+91 2312651364 KOLHAPUR, 416234  India Ticker: ABHISHEKABHISHEK
Filed for Bankruptcy on 3/11/2019
On 11/17/2017, the National Company Law Tribunal, Mumbai Bench, initiated a Corporate Insolvency Resolution Process for Abhishek Corporation Limited pursuant to an Insolvency Petition filed against the Company by Shri Karvir Nivasini Mahalaxmi Ispat Pvt. Ltd. Mr Sandeep Singhal was appointed an the Resolution Professional to the Company.
On 3/11/2019, the National Company Law Tribunal, Mumbai Bench, ordered Abhishek Corporation Limited Liquidated pursuant to a motion filed by the Resolution Professional as the Committee of Creditors could not come to an agreement on a resolution plan.
Business Summary
Abhishek Corporation Limited is an India-based textile company. The Company produces 100% cotton yarn and dyed yarn shirting fabric. The Company’s spinning unit has a total spinning capacity of 36,144 spindles. Its dyed yarn shirting fabric unit has a capacity to produce 20,000 meters of fabric and a processing capacity is 60,000 meters per day. The Company operates through a single segment, Textile.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/20233/31/2023Yes----

Industries
SIC Code Description
2281 Yarn spinning mills
2269 Finishers of textiles, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chief Financial Officer Abhishek A.Mohite 27 9/14/2017 6/12/2007
Compliance Officer, Company Secretary Nasima A.Kagadi 2/1/2023 2/1/2023
Managing Director, Executive Director Anant Y.Bhide 7/27/2023 7/27/2023
5 additional Officers and Directors records available in full report.

Business Names
Business Name
532831
ABHISHEK
Abhishek Corporation Limited
Abhishek Mills Limited

General Information
Number of Employees: 360 (As of 3/31/2012)
Outstanding Shares: 16,008,462 (As of 9/30/2023)
Shareholders: 4,495
Stock Exchange: NSE
Fax Number: +91 2312676194


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