Riddhi Display Equipments Ltd

Riddhi Display Equipments Limited informed the BSE Limited that the trading window for equity shares of the company will be closed for directors, promoters, designated persons, and those with contractual or fiduciary relations with the company, effective Thursday, October 1, 2026, and will remain closed until 48 hours after the declaration of the company’s unaudited financial results for the half-year ending September 30, 2026.

Riddhi Display Equipments Limited said its board approved convening its Annual General Meeting on September 29, 2026, at 12:00 PM through video conferencing, and fixed the book closure date from September 23, 2026, to September 29, 2026, inclusive, while also approving a cut-off date of August 22, 2026, for the AGM notice and September 20, 2026, for remote e-voting, appointing Maashitla Securities Private Limited as the e-voting agency.

Riddhi Display Equipments Limited has set a record date of August 22, 2026, for the purpose of sending notice of its 21st Annual General Meeting and a subsequent record date of September 20, 2026, for e-voting, to be held on September 29, 2026, via video conferencing or other audio-visual means.

Riddhi Display Equipments will hold a meeting of the Board of Directors of the Company on 29 May 2026.

Riddhi Display Equipments announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 15 May 2026.

The scrip was listed at Rs 80, a 20% discount to 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 80 and a low of Rs 76. About 13,000 shares of the company changed hands at the counter. Riddhi Display Equipments' IPO was subscribed 4.72 times. The issue opened for bidding on 8 December 2025 and it closed on 10 December 2025. The price of the IPO was fixed between Rs 95 to Rs 100 per share. The IPO comprised a fresh issue of 24,68,400 equity shares. The promoter and promoter shareholding diluted to 71.43% from 99.99% pre-IPO. The company intends to utilize the net proceeds for capital expenditure towards interior work and for purchase of new equipment/machineries for setting up of manufacturing cum assembly unit at Lucknow, Uttar Pradesh, capital expenditure towards purchase of new equipment/machineries/software etc. for upgradation of existing manufacturing unit of the company located at Gondal, Rajkot, capital expenditure towards setting up of showroom at Gondal, Rajkot, funding working capital requirements and for general corporate purpose. Riddhi Display Equipments manufactures and supplies display counters, commercial kitchen equipment, and refrigeration solutions for sectors such as retail, food service, hospitality, and exhibitions. It operates a manufacturing facility in Gondal, Gujarat, with display counters forming the core revenue stream, while kitchen and refrigeration equipment support hotels, restaurants, hospitals, and institutional clients. As of 31 August 2025, the company had 55 employees. The company recorded revenue from operations of Rs 11.22 crore and net profit of Rs 2 crore for the period ended 31 July 2025. Powered by Capital Market - Live

The equity shares of Riddhi Display Equipments (Scrip Code: 544640) are listed effective 15 December 2025 and admitted to dealings on the Exchange in the list of ''MT'' Group of Securities. At 09:35 IST, the pre-open indicative price of the stock was at a discount of 20% to the issue price of Rs 100. Powered by Capital Market - Live