|₹73 / ₹35.15|
What is shareholding pattern? Who are shareholders?
What is a cash flow statement?
What is a balance sheet?
What is a profit and loss statement?
What are dividends?
What are bonuses?
Incorporated in Jan. '89 as a private limited company and subsequently converted into public limited company in Jul. '94, Riba Textiles was promoted by Ravinder Garg and his family. The company is engaged in the manufacture of terry towels at Chidana (Panipat district), Haryana. Commercial production commenced in Jan. '92. In 1995-96, the company undertook an expansion-cum-backward integration programme to increase the installed capacity from 250 tpa to 1499 tpa; and also to set up an open-end spinning plant with a capacity of 768 rotors, for the manufacture of cotton yarn for captive consumption. The company is also installing its own dyeing facility.