Latest Restile Ceramics stock news and related company updates.
Company
Restile Ceramics
BSE Code
515085
Exchange
BSE
08 Sep 2026 – 07 Oct 2026 · Times in IST
Timeline updates
3
Bullish
0
Neutral
3
Bearish
0
Active days
3
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Monday, 05 Oct 20261 update
↔ AI sentiment: Neutral
81% confidence
Restile Ceramics to Buy Bell Granito
Restile Ceramics has convened an EGM on October 28, 2026, seeking approval for a related party acquisition of Bell Granito Ceramica Ltd for Rs 2,22,93,34,280.6 via share swap and issuing up to 21,12,32,385 preferential equity shares.
Shareholders will also vote on a new Memorandum of Association, raising authorised share capital from Rs 100,00,00,000 to Rs 320,00,00,000, and Section 186 limits to Rs 500 Crores. Remote e-voting runs October 24 to 27, 2026.
Source: ScoutQuest
Monday, 28 Sep 20261 update
↔ AI sentiment: Neutral
82% confidence
Restile Ceramics to Acquire BGCL
Restile Ceramics' board approved acquiring 100% equity of Bell Granito Ceramica (BGCL) in tranches, beginning with 98.9%. This includes acquiring a 5.2% stake for up to Rs. 11,70,00,000 cash and swapping a 93.7% stake by issuing 21,12,32,385 equity shares.
The company's authorised capital will increase from Rs. 100,00,00,000 to Rs. 320,00,00,000. In this related party transaction, promoters hold a 64.8% stake in BGCL, with an EGM scheduled for Oct 28, 2026.
Source: ScoutQuest
Restile Ceramics Ltd held its 40th AGM on Sept 9, 2026, via video conferencing.
Key items included adoption of financials, reappointment of a director, and approval of special resolutions.
Source: BSE