News for Regency Ceramics Limited (REGENCERAM.BO)

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    by thehindubusinessline.com
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    Regency Ceramics revives operations

    Regency Ceramics revives operations after 10 yrs of closure due to labour issues. Rs 70 cr invested to produce 7,000 sq m of tiles/day, expanding to 25,000 sq m. Glazed vitrified, full-body, polished, double-charged tiles & wall tiles to be produced. Retail showrooms to be set up.
    REGENCERAM.BO
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    How Regency Ceramics is back in business after 11 years

    After 11 yrs, Regency Ceramics is back in business. Political vendetta & a complex legal system caused the company to close in 2012. The dispute between the company & insurer went to arbitration & the 3-judge bench ruled in favour of Regency. The ₹120-cr revival plan begins this year & all 4 lines will be ready by 2024. The promoters are confident of success & dealers are delighted.
    REGENCERAM.NSREGENCERAM.BO
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