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richa industries ltd (532766) Details

Richa Industries Limited engages in manufacturing, dyeing, and processing knitted fabrics in India and internationally. The company is also involved in processing/knitting yarn. In addition, it manufactures pre fabricated steel building in CKD condition, tubular steel poles, structure and super structure for mining, drop rods, angles, shapes, and sections. The company was formerly known as Richa Knits Ltd and changed its name to Richa Industries Limited in May 2008. Richa Industries Limited was founded in 1993 and is based in Faridabad, India.

618 Employees
Last Reported Date: 08/20/16
Founded in 1993

richa industries ltd (532766) Top Compensated Officers

Managing Director, Director, Chairman of Corp...
Total Annual Compensation: 1.8M
Compliance Officer and Company Secretary
Total Annual Compensation: 420.0K
Compensation as of Fiscal Year 2016.

richa industries ltd (532766) Key Developments

Richa Industries Ltd, Annual General Meeting, Aug 13, 2016

Richa Industries Ltd, Annual General Meeting, Aug 13, 2016, at 10:00 Indian Standard Time. Location: Hotel Delite, 17-18 Neelam Bata Road N.I.T. Faridabad -121001 Haryana India Agenda: To consider and adopt the audited financial statements for the year ended 31 March, 2016 together with the reports of the board of directors and auditors thereon; to consider the re-appointment of Sh. Sandeep Gupta as a director who retires by rotation; to ratify the appointment of M/s Vijay Singla & Associates, Chartered Accountants, as the statutory auditors and fix their remuneration; to consider the approval of cost auditor remuneration; authorize borrowing by way of issuance non-convertible debentures/bonds/other instruments; preferential allotment of equity shares; and to consider the other matters.

Richa Industries Ltd Re-Desings Mr. Sandeep Gupta as Managing Director from Joint Managing Director

Richa Industries Ltd. announced that the board appointed Mr. Sandeep Gupta as the managing director of the company with effect from June 13, 2016 and he last held the position as the joint managing director in the company.

Richa Industries Ltd Board Approves Management Changes, Effective June 13, 2016

Richa Industries Ltd. board of directors at its meeting held on May 31, 2016, approved the designation of Mr. Sushil Gupta from Managing Director & Chairman to the Chairman of the company and Mr. Sandeep Gupta from Joint Managing Director of the company to the Managing Director of the company, with effect from June 13, 2016.


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Valuation 532766 Industry Range
Price/Earnings 6.6x
Price/Sales 0.1x
Price/Book 0.5x
Price/Cash Flow 3.3x
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