RCI Industries & Technologies Ltd — Updates, 09-05-2025: Company Update
09-05-2025 | 01:01 pm
09-05-2025 | 01:01 pm
RCI Industries and Technologies Limited confirms no new encumbrance on promoter shares beyond previous disclosures. The company remains under Corporate Insolvency Resolution Process since November 2022, with two key promoters undergoing Personal Insolvency Process from June 2024. Promoters and persons acting in concert hold 63.96% equity, totaling 10,026,210 shares as of March 31, 2025. This stable shareholding underlines promoter control despite ongoing insolvency proceedings, relevant for shareholders monitoring governance and recovery prospects.
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