Richa Industries Ltd is a manufacturing company which is engaged in Pre-Engineered Building, EPC (Engineering, Procurement & Construction) and Textile sector.Product Divisions: a) Textiles: Dyeing & Processing of Knitted Fabrics and Processing / Knitting of Yarn and Manufacture of Knitted Fabric b) Construction & Engineering Division: Pre Fabricated Steel Building...
The company has announced a board meeting to consider the financial results for the quarter and half-year. It reported stable operational performance with consistent revenue streams and maintained its financial position. Key business segments showed steady activity without significant fluctuations. There were no changes in auditor or material regulatory updates...
The National Company Law Tribunal has ordered liquidation of Richa Industries Ltd. following a majority vote by financial creditors exceeding the required 66%. The tribunal found that the current Resolution Professional (RP), Arvind Kumar, failed to comply with orders by including ineligible members in the Committee of Creditors (CoC) and...
The National Company Law Tribunal has ordered the liquidation of Richa Industries Ltd. following a vote by financial creditors where over 67% approved liquidation. The current Interim Resolution Professional (IRP), Mr. Arvind Kumar, has been replaced by Mr. Mohit Chawla as the new liquidator. The IRP’s conduct was challenged by...
