Rachit Prints Ltd

RACHIT PRINTS LIMITED announced that its board of directors approved the re-appointment of M/s Lal Ghai & Associates as the company's Secretarial Auditor for a term of 5 consecutive financial years, from 2026-2027 to 2030-2031, subject to shareholder approval. The company also fixed September 23, 2026, as the cut-off date for determining eligibility to vote at the upcoming Annual General Meeting, scheduled for September 30, 2026, via video conferencing or other audio-visual means.

Rachit Prints Limited announced that its Board of Directors approved the appointment of Mr. Prashant as Company Secretary and Compliance Officer, effective August 18, 2026, according to a filing with the BSE Limited on Tuesday.

Rachit Prints Limited announced the appointment of M/s Lal Ghai & Associates, Company Secretaries, Ludhiana, as the company’s Secretarial Auditor for the financial year ending March 31, 2026, replacing Mr. Arjunn Kumar Tyagi, who resigned from the position effective July 22, 2026. The decision was approved by the company’s Board of Directors at a meeting held on August 3, 2026, based on the recommendation of the Audit Committee.

Rachit Prints will hold a meeting of the Board of Directors of the Company on 28 May 2026.

Rachit Prints will hold a meeting of the Board of Directors of the Company on 14 November 2025.Powered by Capital Market - Live

The scrip was listed at Rs 119.20, a discount of 20% compared with the initial public offer (IPO) price. The stock is currently frozen at its lower limit of 5% over its listing price. The counter hit a high of Rs 119.20 and a low of Rs 113.25. About 29,000 shares of the company changed hands at the counter. Rachit Prints' IPO was subscribed 1.92 times. The issue opened for bidding on 1 September 2025 and it closed on 03 September 2025. The price band of the IPO was fixed between Rs 140 to Rs 149 per share. The IPO comprised a fresh issue of 13,08,000 equity shares. The promoter and promoter group shareholding diluted to 67.69% from 92.09% pre-issue. The company intends to utilize the net proceeds to meet its working capital requirements, fund its expansion plans'including capital expenditure for the purchase of plant and machinery, partially prepay term loans to banks and for general corporate purposes. Rachit Prints is engaged in the manufacturing of specialty fabrics tailored for mattresses, including knitted fabric, printed fabric, warp knit, pillow fabric, and binding tape, and the trading of comforters and bedsheets. Its production process begins with yarn procurement and encompasses in-house weaving, designing, printing, and finishing, resulting in knitted and printed fabrics crafted to meet clients' customized specifications. Specializing in knitted fabrics, printed fabrics, and warp knit, the company sources yarn and chemicals to produce specialized textiles. The company is specialized in converting yarn into fabric through knitting of fabrics and printing. As of 30 June 2025, the company had a total of 96 employees. The company recorded revenue from operations of Rs 41.70 crore and a net profit of Rs 4.56 crore for the period ended 31 March 2025. Powered by Capital Market - Live