Riddhi Display Equipments Ltd

Riddhi Display Equipments Ltd has announced the commencement of commercial operations at its new manufacturing facility located in Lucknow, Uttar Pradesh. This strategic expansion is aimed at enhancing manufacturing capabilities, increasing production capacity, improving operational efficiencies, and better serving the growing demand for the company's products. The new unit is expected to boost overall manufacturing capacity, improve supply chain and logistics, strengthen the company's presence in North India, and support timely order execution, contributing positively to future business operations and stakeholder value.

Riddhi Display Equipments Ltd's board approved the audited standalone financial results for the half year and financial year ended March 31, 2026, in a meeting held on May 29, 2026. The board also considered the auditors' report with unmodified opinions and a statement of deviation in the utilization of issue proceeds. Trading window was closed from April 1, 2026, and will remain closed until 48 hours after the results announcement.

Riddhi Display Equipments Ltd has scheduled a Board of Directors meeting on May 29, 2026, to consider and approve the audited standalone financial results for the half year and year ended March 31, 2026. The trading window for dealing in the company's securities has been closed from April 1, 2026, and will remain closed until 48 hours after the declaration of the financial results.

Riddhi Display Equipments Ltd has announced an Extra Ordinary General Meeting (EGM) to be held on May 15, 2026, via video conferencing. The agenda includes the regularization of Mr. Alpeshkumar Chandulal Gajera as a Non-Executive Independent Director and changing the designation of Mrs. Hansaben Shaileshbhai Pipaliya from Executive Director to Non-Executive Director.

Riddhi Display Equipments Ltd issued a corrigendum to its board meeting outcome dated April 23, 2026, regarding the resignation of an Independent Director. The corrigendum includes the formal resignation letter with detailed reasons and confirmation of no other material reasons. The board also approved the regularization of Mr. Alpeshkumar Chandulal Gajera as an Independent Director, subject to shareholder approval, and noted the resignation of Mr. Chand Rameshbhai Kanabar due to personal reasons. Other board decisions included taking note of director interest disclosures, declarations of independence, and a change in designation for Hansaben Shaileshbhai Pipaliya, subject to EGM approval.

Riddhi Display Equipments Ltd's Board of Directors, in a meeting on April 23, 2026, noted the resignation of Independent Director Mr. Chand Rameshbhai Kanabar, effective March 28, 2026. The Board also approved the regularization of Mr. Alpeshkumar Chandulal Gajera as an Independent Director and the change in designation of Hansaben Shaileshbhai Pipaliya from Executive to Non-Executive Director. Both appointments are subject to shareholder approval at an Extraordinary General Meeting (EGM) scheduled for May 15, 2026, to be held via video conferencing. The Board also took note of director disclosures of interest and declarations of independence.

Riddhi Display Equipments Ltd responded to a BSE email dated April 10, 2026, which sought clarification regarding significant movement in the company's equity share price. The company informed the exchange that it has made all necessary and timely disclosures in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Riddhi Display confirmed that no material information or impending announcement that could impact the share price or volume has been withheld. The company attributed the observed significant price movement to purely market-driven factors and reiterated its commitment to inform stock exchanges of any price-sensitive information as required.

Riddhi Display Equipments Ltd has received Declarations under Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, from its promoters and promoter group for the year ended March 31, 2026. The declarations confirm that the promoters held 61,71,174 Equity Shares of the company as of March 31, 2026, without any encumbrance during the financial year. This intimation is for information and records purposes.

Riddhi Display Equipments Ltd has announced the closure of the trading window for dealing in securities of the company by designated persons. The closure is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company's Code of Conduct. The trading window will remain closed from April 01, 2026 till 48 hours after the declaration of the Audited Financial Results for the half year and year ending on March 31, 2026. The date of the Board Meeting at which the results will be considered is yet to be intimated.

Riddhi Display Equipments Ltd announced the resignation of Mr. Chand Rameshbhai Kanabar as an Independent Director, due to personal reasons, with effect from March 28, 2026. He will also cease to be a member of the IPO Committee and Chairman of Audit Committee, Nomination and Remuneration Committee and Stakeholders Relationship Committee. The resignation was received on March 23, 2026 and accepted by the company. Mr. Kanabar holds directorships in Golden Sparrow Consultancy Private Limited, Accretion Pharmaceuticals Limited and Curis Lifesciences Limited.