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ABOUT RCL FOODS

SINCE 1992

RCL Foods Limited was originally incorporated on 02.11.1992 in the state of Orissa in the name and style of ‘Passari Cellulose Private Limited’ and its name was changed to ‘Passari Cellulose Limited’ on 20.12.1994 which was subsequently changed to “RCL Foods Limited” on 04.08.2010. The registered office of the company was shifted from Orissa to Chennai in the state of Tamil Nadu with effect from 02.06.2010.

The equity shares of the company are listed with Bombay Stock Exchange Limited(BSE).

The company came out with the public issue in the year 1995 to part finance expansion cost of the project for producing nitro cellulose to meet the working capital requirement, to enlist the shares of the company on stock exchange and to meet the issue expenses. The directors of the company came out with an open offer during 2008 with the prime object of having substantial acquisition of shares/ voting rights accompanies with the change of control and management of the company.

RCL made sales turnover of ₹ 5.05 Crores during the year 2009 – 2010 out of manufacturing of foods products said above.

Current Business

The main objects of the company are that of carrying on exclusive retail outlets of agro based food products & fast moving consumer goods(FMCG). The current line of business of the company are trading of food products and processed foods, bakery products like khari, cookies, dry chappati (khakra), namkeen, variety of mouth fresheners, dry amla, suparies, mango candy, ready to eat foods, and other consumable products. RCL foods limited is trying to be more competitive in order to increase the turnover and make profits and is taking earnest efforts for expansion of business and establishing various outlets.