Regency Ceramics Limited (RCL) founded on November 18, 1983 is a pioneer in the Indian tiles industry, established in collaboration with
Welko 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 of Puducherry.
RCL set up a unit in 1985-86 to manufacture 25,000 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 part-financed 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 1986-87.
The company completed the expansion programme in 1999-2000 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 2001-02, 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.
FAQs on Regency Ceramics Ltd
1. Can I buy Regency Ceramics Ltd from PL Capital? ›
Yes, you can invest in Regency Ceramics Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Regency Ceramics 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 Regency Ceramics Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Regency Ceramics Ltd pay dividends? ›
Regency Ceramics 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 Regency Ceramics Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Regency Ceramics Ltd. is ₹ 46.88 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Regency Ceramics Ltd ? ›
The 52-week high and low of Regency Ceramics Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
