
The Baroda Rayon
Engaging in textile manufacturing and real estate development in Surat, focusing on investor relations and compliance with SEBI regulations.
Date | Investors | Amount | Round |
---|---|---|---|
* | $11.8m | Debt | |
Total Funding | 000k |
The Baroda Rayon Corporation Limited (BRCL) operates within the textile industry, primarily based in Surat City, Gujarat, a region renowned for its diamond and textile businesses. Established in 1958, the company has transitioned from its original managing agents to being managed by a team of professionals under the leadership of Lt. Fatehsinghrao Gaekwad, the former Maharaja of Baroda State. BRCL's core operations involve textile manufacturing, with its facilities strategically located for optimal access to transportation and logistics. The company is also venturing into real estate, planning to develop industrial houses on its existing land in Udhna, Surat, in a phased manner. BRCL serves a diverse clientele within the textile sector and aims to expand its market presence through real estate development. The business model focuses on leveraging its strategic location and industry expertise to generate revenue from both textile production and real estate projects. Additionally, BRCL is committed to maintaining robust investor relations, addressing grievances related to share transfers, dividends, and dematerialization. The company adheres to the Securities Exchange Board of India (SEBI) regulations, particularly concerning insider trading, ensuring compliance and transparency in its operations.
Keywords: textile manufacturing, Surat, real estate development, investor relations, SEBI compliance, share transfer, dematerialization, insider trading, industrial houses, strategic location.