Divyadhan Recycling Industries Limited was incorporated as a Private Limited Company with the name of 'Divyadhan Consultants Private Limited' vide certificate of incorporation dated May 03, 2010, issued by Registrar of Companies, Maharashtra, Mumbai. Thereafter, the name changed from 'Divyadhan Consultants Private Limited' to 'Divyadhan Recycling Industries Private Limited' vide certificate dated November 10, 2023. Further, status of Company was converted into a Public Limited and the name of Company changed to 'Divyadhan Recycling Industries Limited' & Registrar of Companies, Mumbai issued a New Certificate of Incorporation upon the conversion dated March 02,2024.
The Company is into the business of manufacturing of Recycled Polyester Staple Fibre (R-PSF) and Recycled Pellets. The Company acquired manufacturing facility in 2016. It further started the operations in FY 2018-19, by manufacturing Recycled Polyester Staple Fibre (R-PSF) at their manufacturing facility based in Baddi, Himachal Pradesh with a capacity of 8030 Metric tons per annum.
The Company produce Hollow and Solid Recycled Polyester Staple Fibre, which gives good resilience properties and is used to make premium pillows, cushions and quilts. The recycled fibre is supplied to various industries such as Packaging, home furnishing and Textiles. Its hollow structure adds to its insulating properties, making it suitable for use in a wide range of products including clothing, home furnishings, automotive comp ...onents, non-woven fabrics, and insulation materials. The recycled pellets are used to manufacture food grade and non-food grade bottles.
Further, in November 2023, the Company also started manufacturing of Recycled Pellets.
The Company is planning to raised money from public by issuing 37,76,000 Fresh Issue Equity Shares.
FAQs on Divyadhan Recycling Industries Ltd
1. Can I buy Divyadhan Recycling Industries Ltd from PL Capital? ›
Yes, you can invest in Divyadhan Recycling Industries Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Divyadhan Recycling Industries Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Divyadhan Recycling Industries Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Divyadhan Recycling Industries Ltd pay dividends? ›
Divyadhan Recycling Industries Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Divyadhan Recycling Industries Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Divyadhan Recycling Industries Ltd. is ₹ 21.6 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Divyadhan Recycling Industries Ltd ? ›
The 52-week high and low of Divyadhan Recycling Industries Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
