Minosha India Ltd (Ricoh India Ltd)

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The Board of Directors at their meeting held today i.e., Friday, May 26, 2023 has taken on record, the Order passed by Honble National Company Law Tribunal, Mumbai Bench and in order to execute the same, the Board has fixed Friday, June 09, 2023 as the Record Date for determining the public shareholders to whom the proceeds of reduction of share capital will be paid.

The report contains audited the financial statements of Minosha India  which comprise the Balance Sheet as at March 31, 2022, and the Statement of Profit and Loss including Other Comprehensive Income, Statement of Changes in Equity and Statement of Cash Flows for the year then ended, and notes to the financial statements, including a summary of significant.

Under this alliance, Minosha India will be authorised to cater to the Indian market with Ricoh’s Office Equipment and Digital Services.  ''Ricoh is known for its innovative products and solutions and this collaboration will leverage Minosha’s service capabilities and strong pan-India network to deliver best in class solutions. Both alliance partners will contribute to India’s digital growth story,'' Minosha India Managing Director Atul Thakker said.  (This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

https://drive.google.com/file/d/1EHhhlITkuv_SMvWhalwk5bHHXRzh3m1q/view?usp=drivesdk

New Delhi, May 23 (PTI) Digital printing solution firm Minosha India, formerly Ricoh India, is expecting to generate a revenue of Rs 300 crore in the next two-and-a-half years by servicing globally managed accounts and sale of multifunction printers, a senior company official said. Minosha India Managing Director Atul Thakker told PTI that easing price competition in the market is also bringing in stability and margins in the enterprise printing business.  "We have started servicing some of the globally managed accounts (GMA) of Ricoh in India and expect more to come over the period of next few months. The pricing war has also reduced in the market which is going to get us improved margins. We expect to generate a revenue of Rs 300 crore from the sale of printers and GMA business service in the next two-and-a-half years," Thakker said. 

 Home Tech Business Startups Policy Cryptocurrency Advertising Life Videos All LOG IN AMAZON SHOPPINGCRYPTOCURRENCYTECHBUSINESS Link Copied Home›Business›News»Ricoh India Renames Itself As Minosha, Eyes Rs 500 Cr Biz In 3 Yrs Ricoh India renames itself as Minosha, eyes Rs 500 cr biz in 3 yrs  PTIFEB 10, 2020, 20:29 IST New Delhi, Feb 10 () IT peripherals and services firm Ricoh India has renamed itself as Minosha Digital Solutions, a top company official said on Monday. A consortium, led by investor Kalpraj Dharamshi and Rekha Jhunjhunwala, has taken over the company following the National Company Law Tribunal's (NCLT) approval.  The company has set a target to almost double its revenue from the printer business in the next three years to Rs 500 crore with the new management in place.  We have now brought in fresh capital from the new promoters. The new name of the company will now be Minosha Digital Solutions (MDS). We will continue to sell the brand 'Ricoh' and are in advanced talk with Ricoh Japan to be their distributor," MDS Managing Director Atul Thakker told .

Office Printer / MFPs	Production Printers	Visual Communications	Optical Products
Multifunctional Printers	Continuous Form	Projectors	Camera
Printers	Cutsheet	Interactive Whiteboards	Binoculars
Digital Duplicators	Wide Formats

Name of Shareholder	Holdings
Mr Kalpraj Dharamshi	47 %
Mrs Rekha Jhunjhunwala	47 %
Other	6 %

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