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Royal Cushion Vinyl Products plans to demerge Unit I & II of the company

01 Apr 2013 Evaluate

Royal Cushion Vinyl Products has submitted the Revised Draft Rehabilitation Scheme (DRS) containing proposals for revival of the company with the Board for Industrial and Financial Reconstruction (BIFR) whereby it is proposed to demerge Unit I & II of the company and merging them with Vijayjyot Seats, a Group Company with effect from the appointed date being January 01, 2013 subject to approval from (BIFR) and other concerned parties.

Royal Cushion Vinyl Products manufactures different types of export quality vinyl floor coverings. These floor coverings from Royal House come in thicknesses ranging from 0.65 mm to 3.0 mm, with a choice of unmatched designs, colours and textures.

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