Reetech International Limited Commences Agricultural Land Trading Business
Reetech International Limited has announced board approval for commencing a new business line in agricultural land trading, effective February 04, 2026. The company will engage in purchase and sale of agricultural land for trading purposes only, without involving agricultural operations. This expansion falls under the existing object clause and is subject to applicable laws and regulatory approvals, representing a strategic diversification from the company's current business operations.
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Reetech International Limited has announced the commencement of a new line of business, marking a strategic expansion into agricultural land trading. The Board of Directors approved this significant business development at their meeting held on February 04, 2026.
Business Expansion Details
The company has received board approval to commence purchase and sale (trading) of agricultural land for trading purposes only. This new venture is subject to applicable laws, regulatory approvals, and statutory compliances.
| Parameter: | Details |
|---|---|
| Nature of Business: | Trading |
| Commencement Date: | February 04, 2026 |
| Business Activity: | Purchase and sale of agricultural land |
| Purpose: | Trading purposes only |
| Existing Object Clause: | Yes |
Regulatory Compliance
The announcement was made pursuant to Regulation 30 read with Schedule III, Part A and Part B (Para A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has formally communicated this development to BSE Limited, where it trades under scrip code 543617.
Key Business Clarifications
Reetech International Limited has emphasized several important aspects of this new business line:
- The activity does not involve agricultural operations
- The business falls under the existing object clause of the company
- The focus is exclusively on trading purposes
- All operations will be conducted subject to regulatory compliance
Company Background
Reetech International Limited, formerly known as Reetech International Cargo and Courier Limited, is headquartered in Raipur, Chhattisgarh. The company's registered office is located at Sai Kunj, Near Kalimata Mandir Road, Civil Lines, Raipur. This new business line represents an expansion beyond the company's existing operations into the agricultural land trading sector.
The formal intimation was signed by Mahendra Ahuja, Managing Director (DIN: 00247075), confirming the board's commitment to this strategic business diversification effective February 04, 2026.
Historical Stock Returns for Reetech International
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | 0.0% | -100.00% | -100.00% | -100.00% | -100.00% |
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