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Ricoh India > Company History > Computers - Hardware > Company History of Ricoh India - BSE: 517496, NSE: N.A
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Ricoh India

BSE: 517496|ISIN: INE291B01015|SECTOR: Computers - Hardware
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Ricoh India is not traded in the last 30 days
Ricoh India is not listed on NSE
Company History - Ricoh India
 RPG Ricoh Ltd was incorporated on 22nd October 1993, as a joint
 venture between RPG Industries Ltd and Ricoh Co. Ltd of Japan
 (Ricoh).  A Memorandum of Understanding was entered into between the
 two parties in this regard, on 13th August, 1993.  The Company has
 obtained a Certificate for Commencement of Business, from the
 Registrar of Companies, Maharashtra, dated 24th November, 1993.
 
 RPG Industries Ltd. has the objective of arranging for the promotion/
 setting up of companies for undertaking projects by syndication of
 intending promoters. For this venture, it has arrangeed syndication
 between Ceat Finance Company Ltd and International Computers Indian
 Manufacture Ltd. (ICIM) as the Indian Promoter Shareholders of the
 Company. Ceat Finance and ICIM are investing in the Promoters Share
 Capital to the extent of 34% of the proposed paid-up capital, with
 their investment being subject to locked-in as per SEBI guidelines.
 Hereinafter, Ceat Finance, ICIM and Ricoh of Japan, are collectively
 referred to as the Promoters.
 
 The PPC Division of Ceat Limited commenced operations in 1991, with
 technical knowhow from Ricoh Co Ltd. of Japan. Ricoh had originally
 entered into an agreement with the erstwhile Murphy India Limited
 (MIL), for the manufacture of dry process Plain Paper Copiers. With
 effect from 1st July, 1989, MIL, was, pursuant to a Scheme of
 Sanction by the Board for Industrial and Financial Reconstruction
 (BIFR), merged with Ceat Ltd, a company incorporated under the Act,
 on 10th March, 1958 by Investmenet Corporation of India Limited in
 technical and financial collaboration with Ceat Gomma, SPA of Italy,
 with all assets, liabilities and business activities transferred and
 vested in Ceat. Ceat imported its requirement of plant and machinery
 from Ricoh and commenced production of plain paper copiers with
 technical knowhow from Ricoh. Ceat has since been running this unit
 as its PPC Division with the product being marketed by International
 Computers Indian Manufacture Limited (ICIM), amongst others.
 
 RPG pre-takeover formalities in compliance of the Act, such as
 approval of the Shareholders, Board of Directors etc. have been
 completed for concluding the sale of the PPC Division.
 
 There are no pending litigations in respect of the PPC Division of
 Ceat Ltd. which would be transferred to the Company. Further, the
 said PPC Division of Ceat Ltd. has not had any labour problems.
 2002
 
 -H Kitada appointed as vice president (F&A) of Ricoh India.
 
 2003
 
 -Ricoh India Ltd has informed BSE that Mr Y Mizutani resigned form
 the Directorship of the company and the same was approved by the
 Board of Directors in their meeting held on January 30, 2003.
 Consequent to the resignation of Mr Y Mizutani, Mr H Kitada alternate
 director to Mr Y Mizutani also ceases to be Director of the company.
 Mr H Kitada was appointed as Alternate Director of Mr Y Miura.
 
 
 2004
 
 - Ricoh, is merging its two Indian subsidiaries, Gestetner India and
 Ricoh India.
 
 
 2006
 
 - Mr M Shiratori has been appointed as Additional Director of the
 Company.
 
 
 2007
 
 - Appointed Mr. N Maitra as President & CEO of the Company.
 
 
 2009
 
 - Mr. M Ishida has been appointed as an Additional (Non Executive)
 Director of the Company.
 
 
 2010
 
 - Strategic entry into the fast-emerging digital colour production
 printing segment in India by launching new range of products and
 offering printing solutions.
 
 -Registered Office of the Company has been shifted To First Floor,
 Building No. 12, Solitaire Corporate Park,Andheri-Ghatkopar Link Road
 Andheri - East Mumbai - 400 093.
 
 
 2012
 
 - Hon'ble Bombay High Court approved Scheme of Amalgmation allowing
 Amalgamation of InfoPrint Solutions India Private Limited with Ricoh
 India Limited.
 
 2013
 -Ricoh Positioned as a Leader in 2013 Gartner Magic Quadrant Report
 for Managed Print Services Worldwide.
 -Ricohs Ultra short-throw Projector Receives 5-star Rating.
 -Ricoh Innovations Launches Ocutag Mobile Visual Search Platform
 from New Business Unit in India
 -Ricoh named to World's Most Ethical Companies list 
 by Ethisphere for fifth year in a row.
 -Ricoh to Establish a New Sales Company in Korea.
 
 2014
 -Ricoh India launches Document Process Outsourcing Services.
 -Ricoh is one of the Global 100 Most Sustainable Corporations for the
 tenth year.
 -Ricoh India launches 360 experience to enhance office
 productivity.
 -Award Recognition for Ricohs Ultra Short Throw Projectors at the
 Global CSR Award 2014.
 -Ricoh Asia Pacific Announces the Launch of Next Generation
 Continuous Feed Inkjet Platform for Graphics Communications Market.
 -The Registered Office of the Company has shifted from 1201, Building
 No. 12, Solitaire Corporate Park, Andheri Ghatkopar Link Road, Andheri
 East, Mumbai 400093, To 801, 8th Floor, Ackruti Star, MIDC Central
 Road, Near Marol Telephone Exchange, MIDC, Andheri - East, Mumbai
 400093, Maharashtra.
 
 2015
 -Signing of Memorandum of Understanding (MoU) with M/s. Vakrangee
 Limited
 -Ricoh India Launches RICOH THETA S
 -Ricoh India launches two high performance A4 Colour Multifunctional
 Printers in India
 -Ricoh Asia Pacific Pte Ltd receives the Sustainable Business Awards
 Singapore 2015
 -Ricoh India Launches Eco-friendly Multifunction Printer Series
 -Ricoh India opens its first flagship retail store in Lucknow
 
 2016
 - Ricoh India Ltd. introduced the launch of Android based Smart
 Operation Panels for their new generation printers and MFPs.
 - Ricoh India Ltd. announced, its tie up with Siemens industry
 software.
 -  Ricoh India Ltd. announced that it has signed an Order worth Rs.
 344 Crores from Kerala State Electronics Development Corporation Ltd
 (KELTRON ) for Supply, Installation and Commissioning of Computer
 Hardware, Connected Accessories, Software.
 - Ricoh India Ltd. launched  upgraded version of RICOH Pro L4100
 printer series.
Source : Dion Global Solutions Limited
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