RRIL Ltd Share Price

RRIL Limited was originally incorporated as Private Limited Company in the name of Associated Textile Rubber Products Private Limited in 1991 and was converted into Limited Company in 1994. The name of the Company changed from Associated Textile Rubber Products Limited to S R K Industries Limited in 2011 and was further changed from S R K Industries Limited to RRIL Limited on January 15, 2020. The Company is engaged in two-business horizon: Textile Products and Real Estate Development of housing projects in Maharashtra and Gujarat. The Company develops residential, commercial, retail and social infrastructure projects. It has one subsidiary company, and currently manufacturing of textile products at Umbergaon in Gujarat and Palghar in Maharashtra. In 2012-13, Transcend Commerce Limited was merged into the Company through the Scheme of Arrangement. In terms of the said Scheme of Arrangement, the Company made an allotment of 3,88,50,050 equity shares of Rs. 10/- each to the shareholders of Transcend Commerce Limited in a ratio of 222 Equity Shares of Rs.10/- each of the Company for every 100 Equity Shares of Rs. 10/- each of Transcend Commerce Limited. During the financial year 2021-22, KRKumar Industries Limited was merged with the Company and Raj Rajendra Industries Limited became wholly owned subsidiary of the Company on 25.03.2022.