RELIANCE CHEMOTEX INDUSTRIES LTD SHARE PRICE [LIVE]
BSE: INE750D01016 NSE: RELCHEMQ SECTOR: Textile
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About RELCHEMQ
Today's live share price for RELIANCE CHEMOTEX INDUSTRIES LTD is NSE: ₹ 207.90, BSE: ₹ 208.15 with a current market capitalization of .
Incorporated in 1977 in Maharashtra, Reliance Chemotex Industries (RCIL) manufactures blended polyester/viscose yarn at Kanpur village (Udaipur), Rajasthan. Commercial production of blended yarn (inst. cap. : 12,400 spindles) commenced in 1979. In 1982, it expanded its capacity to 16,320 spindles. The company has implemented a modernisation-cum-expansion programme to increase its capacity to 17,280 spindles. It entered the capital market to part-finance this expansion. The company has successfully completed its expansion programme and the commercial production started from Mar.'96. To meet its Working Capital requirements the company issued 16% NCD of Rs.300 lacs to IDBI on a private placement basis. It also allotted 2,48,500 10% Cumulative Preference shares of Rs.100/-each to promoters and their associates during 2002-03. RIICO has sanctioned a Term loan of Rs.122.50 lacs under TUF for modernisation and installation of various machines.
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