- CEO
- Viren Rathod
- Full Time Employees
- 9
- Sector
- Producer manufacturing
- Industry
- Building products
- Address
- Devadaya Apartments Chennai TN India 600020
- IPO Date
- Dec 18, 1991
- Business
- Restile Ceramics Limited manufactures and trades vitrified ceramic floor tiles, including unpolished smooth tiles, industrial vitrified unglazed and glazed tiles, polished and unpolished monolithic floor tiles in smooth, rough, and mirror polished finishes; the company offers products under brands such as Granamite, Mirrorstone, Gripmax, Pearlrock, Impacta, and MARBOGRANIT, with specific lines including Steel Grey, Kota Green, Dark Grey, Salt & Pepper Champagne, Azzuro, and Celebrity; it also supplies Feldspar as a raw material for vitrified tiles production. Restile Ceramics serves sectors including airports, education, entertainment, financial institutions, government projects, healthcare, hospitality, IT, religious institutions, showrooms, and retail across India and exports to the United States and Asia-Pacific markets. Incorporated in 1986 and headquartered in Vadodara, Gujarat, the company operates manufacturing facilities in Medak, Telangana, with an installed capacity exceeding 34 million square meters annually following capacity enhancements and integration of Bell Granito Ceramica Limited's production from Vadodara, Gujarat; Restile functions as a subsidiary of Solomed Capital Pte Ltd. Recent strategic developments include board approval of a scheme of amalgamation with Bell Granito Ceramica Limited in February 2023 under Sections 230-232 of the Companies Act, 2013, aimed at achieving post-merger profitability amid ongoing rehabilitation efforts with the Board for Industrial and Financial Reconstruction (BIFR); the company maintains an ongoing process of merger integration to bolster operational viability and market position.