Rishiroop has received approval for the renewal of the existing leave and license agreement with a Promoter Group entity and Related Party viz. Rishiroop Polymers for a further period of 11 months i.e. up to September 8, 2025. The Board of Directors of the company in the meeting held August 12, 2024 accorded approval for the same.
Rishiroop has been manufacturing rubber & PVC compounds which have specialised properties such as oil resistance, flame retardancy, ozone resistance, fuel and solvent resistance, etc. These compounds are used to make products such as petrol hose, LPG tubes, footwear, auto parts, protective clothing, seals, conveyor belts, etc.
