Regency Ceramics Ltd Share Price

(REGENCERAM)

Regency Ceramics Ltd RCL founded on November 18 1983 is a pioneer in the Indian tiles industry established in collaboration withWelko Industriale Spa Italy leaders in ceramic manufacturing equipment. The company was incorporated under the leadership of Dr G.N. Naidu and his Associates a leading architect and structural engineer in Hyderabad. During his era Regency Tiles made waves for its focus in quality precision and stylistic patterns.The Company is engaged in manufacture of ceramic floor and wall tiles suitable to domestic and international markets. It introduced several designs of glazed vitrified tiles parking tiles and heavy duty tiles for high traffic areas. It has a plant at Yanam Union Territory ofPuducherry. RCL set up a unit in 198586 to manufacture 25000 tpa of glazed and unglazed ceramic floor and wall tiles at Yanam Pondicherry in technical and financial collaboration with Welko Industrial Italy. The project was originally formed as a 100 EOU costing Rs 12 cr which was partfinanced by a public issue in Dec.85. However RCL opted out of the 100 EOU scheme. Debonding as well as the devaluation of the rupee increased the project cost to Rs 19 cr. Thereafter it commenced commercial production in 198687.The company completed the expansion programme in 19992000 and the installed capacity was 76000 Tonnes P.a till 31st March 2000.It exports its product to countries of Persian Gulf Sri Lanka Maurutius African countries like Kenya Tanzania Nigeria Ethopia.During the year 200102 the Company modernized and expanded the project for its further growth by virtue of which it commenced the commercial production effective from 24.09.2001. It launched Vitrified tiles in 2003. It implemented the first phase of expansion project for which the commercial production was commenced with effect from March 15 2004..

Listing date: 05 Jun, 1996
Chairperson Name: G N Naidu