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Divyadhan Recycling Industries Ltd Textiles
₹ 49.40 -1.85 (-3.61%)
  • NSE
  • BSE

Overview

  • BSE Code 93282
  • NSE Symbol DIVYADHAN
  • ISIN Demat INE0QYI01019
  • Book Value (₹)
  • Face Value (₹) 10.00
  • Market Cap (₹ Cr.)
  • P/E (TTM)
  • EPS (TTM)
  • Div Yield (%)

Performance

Today’s Low 49.40
Today’s High 49.40

49.40
52W Low 36.00
52W High 96.00

49.40
Open 49.40
Prev. Close 51.25
Volume 4,000.00

Corporate Actions

Divyadhan Recycling Industries Limited - Clarification - Financial Results
Dec 11, 2024

The Exchange has sought clarification from Divyadhan Recycling Industries Limited for the quarter ended 30-Sep-2024 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company is required to clarify the following: -1. Financial results submitted is not as per format prescribed by SEBI The response of the Company is awaited.

About Divyadhan Recycling Industries Ltd

Divyadhan Recycling Industries Limited was established as a Private Limited Company with the name of 'Divyadhan Consultants Private Limited' vide certificate of incorporation dated May 03, 2010, issued by Registrar of Companies, Maharashtra, Mumbai. Thereafter, the name changed from 'Divyadhan Consultants Private Limited' to 'Divyadhan Recycling Industries Private Limited' vide certificate dated November 10, 2023. Further, status of Company was converted into a Public Limited and the name of Company changed to 'Divyadhan Recycling Industries Limited' & Registrar of Companies, Mumbai issued a New Certificate of Incorporation upon the conversion dated March 02,2024.

the Company is into the business of manufacturing of Recycled Polyester Staple Fibre (R-PSF) and Recycled Pellets. the Company acquired manufacturing facility in 2016. It further started the operations in FY 2018-19, by manufacturing Recycled Polyester Staple Fibre (R-PSF) at their manufacturing facility based in Baddi, Himachal Pradesh with a capacity of 8030 Metric tons per annum.

the Company produce Hollow and Solid Recycled Polyester Staple Fibre, which gives good resilience properties and is used to make premium pillows, cushions and quilts. The recycled fibre is supplied to various industries such as Packaging, home furnishing and Textiles. Its hollow structure adds to its insulating properties, making it suitable for use in a wide range of products including clothing, home furnishings, automotive components, non-woven fabrics, and insulation materials. The recycled pellets are used to manufacture food grade and non-food grade bottles.

Further, in November 2023, the Company also started manufacturing of Recycled Pellets.

the Company is planning to raised money from public by issuing 37,76,000 Fresh Issue Equity Shares.

Founded: 2010
Managing Director: Varun Gupta
Address: 1803 Lodha Supremus Saki Vihar, -Road Opp. Telephone.Exg Powai, Mumbai, Maharashtra, 400072,