The Company was incorporated as `Ricasil Ceramic Industries Private Limited' on January 2, 2008 as a private and joint stock company under Part IX of Companies Act, 1956 with the RoC. Conversion of Partnership Firm into the Company the Company was formed pursuant to the conversion of a partnership firm, M/s Ricasil Ceramic Industries, into a joint stock company under Part IX of the Companies Act, 1956. The Partnership Firm was constituted by a partnership deed dated May 14, 2007 read with supplementary partnership deeds dated December 7, 2007 and December 20, 2007, respectively entered into by Kacharabhai Patel; Shaileshkumar Patel; Ramanbhai Patel; Mukeshkumar Patel; Hasmukhbhai M. Patel; Kirankumar Patel; and Mukeshbhai K. Patel, the erstwhile partners, for the purpose of carrying the business of trading, manufacturing and/or jobwork of ceramics glazed mixtures, ceramic glazed tiles, sanitary ware, insulators, porcelainware, stone ware, refectory, crockery including all types of ceramic products and tiles. In financial year 2008, the partners of the Partnership Firm passed a resolution dated December 20, 2007, to carry out the business of the Partnership Firm through a private company limited by shares. Pursuant to the partnership deed, upon the conversion of the Partnership Firm into a joint stock company, all the assets and liabilities of the Partnership Firm were taken over by the Company as a going concern and all the erstwhile partners were issued Equity Shares in proportion to their contribution of capital in the Partnership Firm, represented by their respective shares in the capital account of the Partnership Firm, on the date of succession in the Company. Vide Certificate of Incorporation dated January 2, 2008 issued by the Assistant Registrar of Companies, Gujarat, Dadra and Nagar Haveli, the Company was incorporated in the name of "Ricasil Ceramic Industries Private Limited". Pursuant to a special resolution passed by the shareholders of the Company at the extra-ordinary general meeting held on February 12, 2018, the name of the Company was changed to Exxaro Tiles Private Limited for the purpose of identification of the products produced by the Company with the brand name of EXXARO TILES with the objective to increase wider product penetration. Accordingly, a Fresh Certificate of Incorporation Consequent upon Change of Name dated February 19, 2018 has been issued by Deputy Registrar of Companies, Ahmedabad, Gujarat. Subsequently, the Company was converted into a public limited company pursuant to approval of the shareholders at an extraordinary general meeting held on December 9, 2020 and consequently, the name of the Company was changed to Exxaro Tiles Limited and a Fresh Certificate of Incorporation consequent upon conversion from Private Company to Public Company was issued by the Registrar of Companies, Ahmedabad, Gujarat on December 28, 2020. The Corporate Identity Number of the Company is U26914GJ2008PLC052518.
Major events and milestones: 2008 - Incorporation of the Company pursuant to the conversion of a partnership firm, M/s Ricasil Ceramic Industries, into a joint stock company under Part IX of the Companies Act, 1956
2012 - Commenced the setting up of a new project to manufacture double charged vitrified tiles at Block No. 204-205, Mahuvad Turning, P.O. - Dabhasa, Taluka - Padra, Vadodara with a projected installed capacity of 3,600,000 square meter per annum.
2013 - Commenced trial production in respect of the new project at Block No. 204-205, Mahuvad Turning, P.O. - Dabhasa, Taluka - Padra, Vadodara within the estimated time lines and projected cost having projected installed capacity of 3,600,000 square meter per annum.
2015 - Won "Best Display Award" at D‚cor India Show and Won "Best Stall" at Buildtech- 2015 - Commenced the setting up of a new project at Survey No. 169, Mahelav, P.O. - Montesary, Vavdi - Harsol Road, Taluka - Talod, District - Sabarkantha with a projected installed capacity in respect of glazed vitrified tiles and double charged vitrified tiles of 9,600,000 square meter per annum.
2016 - Successfully completed the setting up of the new project and commenced commercial production at Survey No. 169, Mahelav, P.O. - Montesary, Vavdi - Harsol Road, Taluka - Talod, District - Sabarkantha having installed capacity in respect of glazed vitrified tiles and double charged vitrified tiles of 9,600,000 square meter per annum within the estimated time lines and projected cost.
- Obtained approval of the brand name of "Exxaro Tiles for double charged vitrified tiles" to be used for various health care structures vide letter dated April 27, 2016 issued by Chief Engineer, Commissionerate of Health, Project Implementation Unit, Gandhinagar
2020 - Conversion of Company from "Private Limited" to "Public Limited"
2022 -Exxaro Tiles commence production of big slab Glazed Vitrified plant at our Unit 2 Talod from 18th October 2022.
2024 -The Company has splits its face value from Rs. 10/- to Rs. 1/-.
2025 -Exxaro Tiles Ltd launched new product named ARESTA'.
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