AI Champdany Industries Ltd Company Profile: Product, Promoters and Clients

AI Champdany Industries Ltd Company Description 

Ai Champdany Industries Limited is a listed public company incorporated on 2nd January 1917 and is located in Kolkata, West Bengal. Company is engaged in manufacturing and selling jute products, including sacking bags, hessian cloth, and furnishing items used in packaging food grains, carpet industry, and furniture. 

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Question 1: What is the product provided by the company? 

Ai Champdany Industries Limited manufactures a variety of jute products. Here’s a rundown of their offerings:

  1. Jute Yarn and Twine: Used in various applications.
  2. Jute Blended Yarns and Twines: Blends jute with other fibers like cotton, ramie, viscose, polypropylene, flax, and wool.
  3. Hessian Cloth (Burlap): A coarse woven fabric made from jute fibers.
  4. Sacking Cloth and Hessian: Used for packaging and other purposes.
  5. Food-Grade Cloth and Bags: Specifically designed for food-related applications.
  6. Jute Geotextiles: Used for soil erosion control.
  7. Carpet Backing Cloths: Used in carpet manufacturing.
  8. Industrial Fabrics: Various industrial applications.
  9. Jute Furnishing Items: Includes furnishings made from jute.
  10. Jute Webbing and Jute Matting: Used in different contexts.

Question 2: Who are the promoters of the company?

1. AI Champdany Industries was taken over by Wadhwa Group in 1967. The company is engaged in the business of manufacturing and trading of jute products with both national and international presence.

  • The Wadhwa Group is a prominent real estate development and construction company established in 1969 and headquartered in Mumbai, India.
  • With a rich legacy spanning over half a century, the Wadhwa Group has built its reputation on the trust and belief of its customers and stakeholders. 

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2. Nirmal Pujara is not one of the promoters of Ai Champdany Industries Limited. The promoters currently hold 58.90% of the company’s shares.

  • There is another notable mountaineer named Nirmal Pujara (also known as Nims or Nimsdai), who has achieved remarkable feats in the world of climbing. Born in Nepal, he later became a naturalized British citizen. Before his mountaineering career, he served in the British Army and the Special Boat Service (SBS), the special forces unit of the Royal Navy.

Question 3: Who are the clients of AI Champdany Industries Ltd?

Ai Champdany Industries Limited has a diverse clientele both in the domestic and international markets. Here are some key points:

1. Domestic Clients:

  • Director General of Supplies & Disposals: A significant customer for the company.
  • Food Corporation of India (FCI): Another major client that ensures a steady stream of revenue1.

2. International Exports:

  • Countries: Ai Champdany Industries exports its products to various countries, including Argentina, Canada, Hungary, Italy, Australia, Czech Republic, Indonesia, Japan, Belgium, Denmark, Iran, Poland, Brazil, Egypt, Chile, and France.

Also Read: NIIT Company Profile: Products, Promoters and Clients

Written by – Aishwari Pandey