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Restile Ceramics Ltd
NSE: BSE: 515085
₹7.25
(8.58%)
Wed, 26 Aug 2026, 10:09 am
Market Cap (in Cr)70.56
PE Ratio0
Dividend0
Producer Manufacturing
Building Products
24.5KCompany History
1986
- The company was incorporated as a private limited company at Hyderabad, Andhra Pradesh on 26th May.
- The company was originally promoted by Shri V. Padmakar and Shri P V L N Raju.
- The company undertook to set up a plant for the manufacture of vitrified unglazed and glazed ceramic floor and wall tiles.
- The company entered into technical collaboration with Mori-SpA, Italy for providing technical know-how and supplying major plant and machinery.
1988
- The company was converted into a public limited company on 10th December.
1991
- The company issued 85,50,000 equity shares at par.
- 17,00,000 shares were allotted to promoters, Indian resident directors, etc.
- 2,50,000 shares were allotted to M/s. Mori-SpA, Italy.
- 10,00,000 shares were allotted to Mutual Funds and venture capital Funds.
- 5,00,000 shares were allotted to APIDC.
- 4,27,500 shares were reserved for preferential allotment to employees, etc.
- 46,72,500 shares were offered to the public in December along with 79,800 shares not taken up by employees.
1994
- The company commissioned an additional generator to improve the yield and quality of the output from the kiln.
- The production and capacity utilization were affected by the increase in input cost due to the steep hike in the cost of LPG and erratic power supply.
1995
- The company developed a special range of smaller sized and thinner tiles for effective applications on the elevation of buildings.
2008
- The company issued rights in the ratio of 26:35 at a premium of Rs 0/- Per Share.
2009
- The company appointed Mr. Padmanabhan as an Additional Director in Independent Capacity.