Dhyaani Tile & Marblez Ltd share Price Today

The Company was incorporated as "Dhyani Enterprise Private Limited" under the provisions of Companies Act, 2013 vide Certificate of Incorporation dated October 9, 2014 issued by the Registrar of Companies, Ahmedabad, Gujarat. Further, name of the Company was changed to "Dhyaani Tile and Marblez Private Limited" vide Special Resolution dated October 14, 2021. A fresh Certificate of Incorporation consequent to change of name was issued to the Company by the Registrar of Companies, Ahmedabad on October 18, 2021. Further, the Company was converted into a Public Limited Company and the name of Company got changed to "Dhyaani Tile and Marblez Limited" vide Special Resolution dated October 22, 2021. A fresh Certificate of Incorporation consequent to conversion into Public Limited Company was issued to Company by the Registrar of Companies, Ahmedabad on November 9, 2021. The Company is promoted by Mr. Chintan Nayan Bhai Rajyaguru and is engaged into the business of trading of vitrified tiles and marbles primarily used for flooring solutions. The Company commenced this business in year 2019, upon takeover of the business from the earlier promoters. Earlier to this, the company was engaged in the business of trading of agro commodities. The Company operates its business divided into two product categories comprising of Double charge vitrified tiles and Glazed vitrified tiles. Double charge vitrified tiles are tiles that are fed through a press which prints the pattern with a double layer of pigment, 3 to 4 mm thicker than other types of tiles. This process does not permit complex patterns but results in a long-wearing tile surface, suitable for heavy traffic commercial projects. Glazed vitrified tiles are flat slabs manufactured from ceramic materials such as clay, feldspar and quartz and other additives and fired at high temperatures to ensure high strength and low water absorption. These tiles are coated with glaze materials prior to the firing process. The Company generally sell products through a network of distributors and dealers/ traders located at different locations of the country. At present, the Company have distribution network of around 40 traders spread across various states. It has a seasoned management team with extensive knowledge of the ceramics sector. The Company has an in-house testing laboratory to test the products. Its finished product passes quality check to ensure relevant quality parameters are as per the standards set. The in-house testing laboratory regulates and monitors the quality, strength and the thickness of the Ropes and Nets as per the requirements of the customer. The geographic location of business unit provides a competitive advantage as this location is surrounded by the customers. This location enables the Company to cater to on the spot orders in a quick manner. Besides this, the Company is also situated at an approachable distance from developed ports like Pipavav and Mundra which enables to ship the consignments in a timely manner and reduced local transportation costs.