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Aakash Tiles Ltd.

Last Updated on ' Sun Aug 09 00:00:00 IST 2020 '
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Description
Aakash Tiles Pvt. Ltd. is a quality driven organization offering a wide range of Tiles, vitrified tiles, floor tiles, wall tiles, double charge tiles, glage vitried tiles,the firm supplies Tiles, vitrified tiles, floor tiles, wall tiles, double charge tiles, glage vitried tiles. within preset time limit.
Sector
Materials
Sub Sector
Construction Materials
Company Type
Unlisted
Type
Service
Employees
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Register Address
SANTACRUZ AIRPORTSIDE, MARBLE MARKET, WESTERN EXPRESS HIGHWAY,RAJENDRAPRASAD NAGAR,VILE PARLE(E) MUMBAI MH 400099 IN
Website
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Key Products/Services
Aakash Tiles Pvt. Ltd. is a quality driven organization offering a wide range of Tiles, vitrified tiles, floor tiles, wall tiles, double charge tiles, glage vitried tiles,the firm supplies Tiles, vitrified tiles, floor tiles, wall tiles, double charge tiles, glage vitried tiles. within preset time limit.
Key Resources/Assets
ICRA has suspended the long term rating [ICRA]D (pronounced as ICRA D) rating assigned to the Rs. 13.00 crore cash credit facility, Rs. 48.75 crore term loan, Rs. 5.00 crore letter of credit and Rs.3.00 crore bank guarantee of Aakash Tiles Pvt Ltd. The suspension follows ICRA’s inability to carry out a rating surveillance in the absence of the requisite information from the company. According to its suspension policy, ICRA may suspend any rating outstanding if in its opinion there is insufficient information to assess such rating during the surveillance exercise. ICRA will withdraw the rating in case it remains under suspension for a period of three years. Company Profile Aakash Tiles Private limited (ATPL) was incorporated on 26th December 2006 as Jai Tiles Private Limited (JTPL) to manufacture vitrified tiles with its production facilities located at Jhagadia Industrial Estate, Bharuch, Gujarat. The company was promoted by Mr. Piyush Mathur, Mr Ashok Kumar Jain, Mrs. Asha Jain and Mrs. Shalini Mathur. The installed manufacturing capacity of the company is around 80000 MTPA which translates into approximately 7000 boxes per day.
Stressed Asset Details Expand All 
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No claim amount
Stressed Asset Related Documents
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Financial Information Documents
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Financial Details are not available.
Stressed Assets Timeline Fri Jan 04 00:00:00 IST 2019
Defined Date Without Date

Commencement of CIRP

Fri Jan 04 00:00:00 IST 2019Fri Jan 04 00:00:00 IST 2019
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Public Announcement by Resolution Professional

Thu Jan 10 00:00:00 IST 2019Thu Jan 10 00:00:00 IST 2019
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Claim submission

Wed Jan 23 00:00:00 IST 2019Wed Jan 23 00:00:00 IST 2019
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Invitation for Expression of Interest

Thu Apr 04 00:00:00 IST 2019Thu Apr 04 00:00:00 IST 2019
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Submission of Expression of Interest

Mon May 20 00:00:00 IST 2019Mon May 20 00:00:00 IST 2019
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Submission of Resolution Plan

Tue Jun 04 00:00:00 IST 2019Tue Jun 04 00:00:00 IST 2019
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Committee of Creditors Approval

Thu Jul 04 00:00:00 IST 2019Thu Jul 04 00:00:00 IST 2019
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Submission of Resolution Plan to NCLT

Thu Jul 04 00:00:00 IST 2019Thu Jul 04 00:00:00 IST 2019
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Approval of Resolution Plan by NCLT

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