Ritesh International Limited has submitted a regulatory disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding a significant capacity expansion at its manufacturing operations.
The company is increasing its production capacity by 50% to meet growing product demand. The expansion will take place at the company's existing facility in Ahmedgarh.
Key Project Details
- Total Capital Expenditure: ₹7.00 Crore
- Funding Structure: ₹1.00 Crore through long-term bank loans and ₹6.00 Crores from internal accruals
- Capacity Increase: From 80 metric tons per day to 120 metric tons per day
- Project Timeline: Approximately 8 months for completion
- Commercial Operations Target: Q1 FY27-28
Management Commentary
Mr. Ritesh Arora, Chairman cum Managing Director, stated that this expansion represents a pivotal milestone in the company's growth trajectory. The decision was driven by existing facilities operating near peak capacity utilization and rising customer demand across core markets. The funding approach aims to maintain a healthy balance sheet while positioning the company for sustained revenue growth and operational efficiencies.
Products and Business
Ritesh International Limited manufactures Stearic Acid, Fatty Acid and Glycerin (non-edible oil) and serves various key domestic clients with high-quality products.
Forward-Looking Statements
The document includes a safe harbor statement noting that future expectations or outcomes are forward-looking statements subject to risks and uncertainties, and actual results may differ materially due to market factors.