Rishi Techtex Shareholders Approve Key Resolutions at 41st AGM
Rishi Techtex Limited conducted its 41st Annual General Meeting on August 11, 2025, via video conferencing. Shareholders approved several resolutions including the re-appointment of Mr. Abhishek Patel as Managing Director for three years, appointment of Sudhanwa S. Kalamkar & Associates as Secretarial Auditors for five years, adoption of financial statements, re-appointment of Mrs. Aakanksha Mikhail Verma as director, and approval of a material transaction with Centennial Fabrics Limited. The meeting saw participation from 46 members and all resolutions passed with overwhelming majority.
05Aug 25
Rishi Techtex Reports 67% Jump in Q1 Profit, Revenue Up 10.3%
Rishi Techtex Limited, a manufacturer of plastic bags and shade nets, has reported strong financial results for Q1 FY2024. Net profit increased by 67% to Rs 65.43 lakhs, while revenue from operations grew by 10.3% to Rs 3,027.60 lakhs. The company's total income rose to Rs 3,039.58 lakhs, and EPS improved to Rs 0.89. Despite an increase in expenses, Rishi Techtex managed to significantly improve its bottom line through increased operational efficiency and higher sales. The unaudited financial results were approved by the Board of Directors on August 5.