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The Indian Card Clothing Company

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The Indian Card Clothing Company Ltd.
Company typePublic
INDIANCARD
IndustryTextile, Precision Engineering
Founded24-June-1955
HeadquartersPune
Key people
Vinod Vazhapulli (Chief Executive Officer), K. Suvarna (Chief Financial Officer), Amogh Barve (Company Secretary)
ProductsCylinder Wires, Doffer Wires, Lickerin Wires, Flat Tops
BrandsPrimus, Maxus, Tenace, Crystal, AeroDoffer, Sharprite, Accura, XTRAC
Number of employees
400+
SubsidiariesGarnet Wires Ltd.
Websitewww.Cardindia.com

The Indian Card Clothing Company Ltd. (abbreviated as ICC) is a Bombay Stock Exchange and National Stock Exchange listed company headquartered in Pune, India.[1] Founded in 1955,[2] ICC, is a precision engineering company that manufactures and supplies card clothing[3] products and carding solutions for the textile industry.

History

It was incorporated on 24 June 1955 as a private company and in 1975 was converted to a public listed company jointly promoted by Carclo Engineering and English Card Clothng.[2] In 1985, English Card Clothing (100% subsidiary of Carclo Engineering) sold it's 57% stake in ICC to the new management.

Currently, Mauritius based Multi-Act Industrial Enterprises Limited is the holding company with 57.35% equity in the organization.[4]

[5]

ICC also holds a 60% equity in UK based Garnett Wires that manufactures card clothing for the non-woven segment.[6]

[7][8]

Products[2]

ICC manufactures and supplies carding solutions for the textile industry. The product range includes

  • Cylinder Wires
  • Doffer Wires
  • Lickerin Wires
  • Flat Tops
  • Web Catcher
  • Accura Carding Systems
  • XTRAC Systems
  • Accura BeaterSegment
  • Sharprite wire resharpening device
  • Sharprite Tops
  • All rollers mounting machine ARM 08
  • Clipit4060 Flat Clipping Machine

Management[9]

Name Current Position
K. Trivedi Chairman Emeritus
Prashant Trivedi Non-Executive Chairman of the Board
Mehul Trivedi Non-Executive Director
Vinod Vazhapulli Chief Executive Officer
Amogh Barve Compliance Officer, Company Secretary
Prasad Mahale Vice President - Sales & Marketing
Rajendra Sabnis Vice President - Human Resources
A. Pawar General Manager - Production, Pimpri Works
Sanjeev Arora Plant Head - HP Works
Hemraj Asher Non-Executive Independent Director
Praveen Agarwal Vice President Operations

Facilities

The Indian Card Clothing manufacturing facilities are in Pune, Maharashtra and Nalagarh, Himachal Pradesh.[10]

Locations[11]

Indian Offices

Registered Office & Plant

Pimpri, Pune

Factory / Plant

Nalagarh, Himachal Pradesh

Branch Offices

ICC Chambers, Mumbai

Kirti Mahal, New Delhi, India

Alagamma Garden, Madurai, Tamil Nadu

Alfa Towers, Ludhiana, Punjab

Avanashi Road, Coimbatore, Tamil Nadu

Perecherla Road, Guntur, Andhra Pradesh

Ahmedabad, Gujarat

Kankaria Locoshed, Ahmedabad, Gujarat

Panipat, Haryana

International Office

Kahramanmaraş is a city in Akdeniz, Turkey

Subsidiary Office

Garnett Wire Limited, West Yorkshire, England

References

  1. ^ "Indian Business News | Sensex, Nifty | Indian Stock Market | BSE, NSE India | Stock Tips & Quotes, IPO". Sify. Retrieved 2017-10-24.
  2. ^ a b c "Indian Card Clothing: Reports, Company History, Directors Report, Chairman's Speech, Auditors Report of Indian Card Clothing - NDTVProfit.com". profit.ndtv.com. Retrieved 2017-10-24.
  3. ^ "Indian Card Clothing Corporated Limited, Pune - Manufacturer of Accura Back Zone Carding Machine". IndiaMART.com. Retrieved 2017-10-24.
  4. ^ "Indian Card Clothing Co. Ltd. - Stock Shareholding Pattern - Value Research Online". www.valueresearchonline.com. Retrieved 2017-10-25.
  5. ^ "ICRA Rating". {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  6. ^ indiainfoline.com. "Mr. M.K.Trivedi, Managing Director, Indian Card Clothing Company Ltd". Retrieved 2017-10-24.
  7. ^ "Indian Card Clothing Company History | Indian Card Clothing Company Information - The Economic Times". economictimes.indiatimes.com. Retrieved 2017-10-24.
  8. ^ "Indian Card Clothing Comp. limited [INDCARs] History". www.source2update.com. Retrieved 2017-10-24.
  9. ^ Editorial, Reuters. "Stock Quote News - Stock Market Quotes, Online Stock Quotes, India". IN. Retrieved 2017-10-24. {{cite web}}: |first= has generic name (help)
  10. ^ "Preview" (PDF). www.nseindia.com. Retrieved 2017-10-24.
  11. ^ "INDIAN CARD CLOTHING Company Location". Dynamic Levels. Retrieved 2017-10-25.