Rithwik Facility Management Services Ltd provides turnkey commercial servicesBusiness Overview: Company is a Turnkey service provider in Chennai where it manages and maintains over a million square feet of space. It offers client specific customization of office spaces and provides facilities such as workstations, furniture, electrical systems, security personnel and...
Rithwik Facility Management Services has issued a corporate guarantee of Rs. 1 Cr to Canara Bank for its wholly-owned subsidiary, Rithwik Indus Power Private Limited. This guarantee enables the subsidiary to secure a crucial working capital facility, bolstering its operational funding. For the parent company, this commitment appears as a...
Rithwik Facility Management Services Ltd has announced a certificate from its Registrar & Share Transfer Agent confirming that all its shares are held in dematerialized form, with no requests for rematerialisation or dematerialization received during the quarter. This indicates streamlined shareholding and ease of trading for investors, reflecting operational efficiency...
Rithwik Facility Management Services Limited is named respondent in an application filed under Section 43 of the Insolvency and Bankruptcy Code (IBC) against RR Infopark Private Limited, the corporate debtor currently under insolvency resolution. The application alleges that RR Infopark made a preferential repayment of Rs. 50 lakh security deposit...
Rithwik Facility Management Services Limited has announced a board meeting to discuss the financial results for the quarter and half-year. The company has completed the acquisition of an additional 24% equity stake in Rithwik Indus Power Private Limited, increasing its total holding to 100%. The acquired entity, incorporated in 2012,...
Rithwik Facility Management Services has received a tax department claim of ₹91 lakh related to Input Tax Credit for the 2021-22 financial year based on its GSTR-09 filing. The company intends to dispute this claim. This ongoing tax issue may impact cash flow or tax liabilities but is currently under...
