About Salona Cotspin Ltd. 
Salona Cotspin Ltd.
Micro Cap
Textile
Salona Cotspin Limited, incorporated in 1994, is a manufacturer and exporter of cotton yarn and knitted fabrics. The Company operates through cotton textile segment. Its products cater to the needs of hosiery/knitted, garment industries. The Company's manufacturing plant is located at Pungampalli Village, Erode District. In 2010, the Company installed three more wind electricity generators to the total capacity of 2.20 MWs.
Company Coordinates 
Company Details
74/12 & 75/3 Sathy Main Road, Pungampalli Valipalayam PO Erode Tamil Nadu : 638402
Registrar Details
SKDC Consultants Ltd , Kanapathy Towers, 3rd Floor, Ganapathy, Coimbatore
Capital Structure 
Present Equity Capital
INR 5.26 Cr
Number of Shares
52.62 Cr
Face Value
INR 10.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
28-Jan-2010
52.62
5.26
-88700
10
Forfeited Shares
28-Jan-2010
52.62
5.26
-88700
10
Forfeited Shares
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Promoters
Pledged Promoter Holdings
0.6967
Mutual Funds
Held by 0 Schemes
FIIs
Held by 0 FIIs
Promoter with highest holding
Krishna Agarwal . (8.47%)
Highest Public shareholder
Pansari Textiles & Investments Private Limited (3.8%)
Individual Investors Holdings
20.52%
Management
Designation
Remuneration
Shyamlal Agarwala
Chairman & Managing Director
91.23 lacs
Manoj Kumar Jhajharia
Joint Managing Director
37.71 lacs
Dhiresh Jayasi
Independent Director
22.0 k
Meenakumari Shanmugam
Independent Director
14.0 k
Sajith K B
Company Sec. & Compli. Officer
0
Arun Kumar Jhajharia
Director
24.0 lacs
Hari Desikan Ganesh
Independent Director
10.0 k
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
Garments-Purchased
1.54164
0%
Garments-Purchased
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Cotton Yarn
57.68
54.00%
Knitted Fabrics
23.62
22.12%
Cotton Yarn - Traded
11.18
10.47%
Cotton Yarn
Cotton Yarn
Knitted Fabrics
Knitted Fabrics
Cotton Yarn - Traded
Cotton Yarn - Traded
Revenue and Profits:
Net Sales:
158 Cr
(Quarterly Results - Dec 2024)
Net Profit:
2 Cr
Textile
INR 125 Cr (Micro Cap)
18.00
18
0.43%
2.63
8.24%
1.46