ImportantCompany Update
Ritesh International has announced a significant 50% capacity expansion at its Ahmedgarh facility to meet growing demand for its Stearic Acid, Fatty Acid, and Glycerin products.
Ritesh International Ltd519097 · Filed with the exchange
This strategic move will boost production from 80 to 120 metric tons per day.
The project involves a capital expenditure of ₹ 7.00 Crore, funded by ₹ 1.00 Crore from bank debt and ₹ 6.00 Crore from internal accruals.
Commercial operations are targeted for Q1 FY27-28. This expansion aims to strengthen market share, enhance operating margins, and ensure sustained revenue growth for the company.
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