RSC INTERNATIONAL Share price

Ratanagiri Textiles Limited was incorporated-as a PublicLimited Company in January 1993. The company received theCertificate of Commencement of business on 14th January1993. The company is promoted by the promoters of M/sRatangiri (India) Limited having its plant at 31-36 OldIndustrial Area Pur Road Bhilwara 311 001 and which isengaged in trading and manufacturing of fabrics under thebrand name ''RATANGIRI'' for suiting shirting and safari.The brand is well accepted in Middle East and Europeancountries.The company now proposes to set up an 100% export orientedunit(EOU) to manufacture synthetic blended fabrics such asSpun Plain Dyed TB (Terrycot) to be used for dressmaterial i.e Shirts Garments and Uniforms with aninstalled capacity of 15.61 lacs meters fabrics per annum.The company is setting its unit at Bhilwara which had fullydeveloped environment and infrastructure for textileindustry. There are so many other units in the same areaviz.Rajasthan Spg. & Wvg. Mills Bhilwara Suiting Limited(BSL) Siyaram Silk Mills Mikado Textiles etc.Since the export of synthetic fabric from India is on thegrowth track and the region in which the plant of thecompany is located is the major contributory to theproduction of synthetic fabrics. Hence the company will notforsee any hurdles to market its products.