Tacent Projects Share Price

Promoted by Suresh Mansharamani, Rahul Merchandising is engaged in the manufacture of woven readymade garments. The company's manufacturing unit is in Mayapuri Industrial Area, New Delhi. A proprietorship concern, Rahul Industrial Corporation, engaged in garment exports was taken over by the company in Dec.'93. Rahul Industrial Corporation was a government-recognised Export House. In Jun.'95, the company came out with a public issue to fund its working capital requirements and to finance the additional equipment required for the expansion of the existing unit. The project cost was Rs 2.21 cr. The company manufactures and exports readymade garments. It has its own in-house manufacturing facilities with an installed capacity of 9 lac garments pa; it also sources a part of the production from outside vendors. The company exports to the US, Germany, Panama, Dubai, Italy, Spain and Holland. It has set up a subsidiary in US, known as Splash Sportswear Inc. USA. Exports being the thrust area of the Company, the Directors see a great potential in diversifying to development and export of software and IT enabled services. Suitable steps are being taken and amendments in the main objects clause is being carried out.