About Redtape Limited

Redtape Limited is a public limited company incorporated on December 08, 2021, engaged in retail sale and manufacturing of footwear, garments, apparels, and allied accessories, with shares listed on BSE and NSE in India as of the year ended March 31, 2025 . The company operates one manufacturing plant and one corporate office in Noida, and runs 482 exclusive retail stores and 9 refinishing and packaging units across India, serving 23 states and exporting to 12 countries, with exports contributing about 0.17% of turnover in FY 2024–25 . Core products include fashion footwear and garments/accessories, contributing 61% and 39% of turnover respectively, sold via exclusive showrooms, online marketplaces, distribution, and export channels, addressing economy, mid, and premium segments across age groups and occasions . The group structure comprises four subsidiaries: Redtape Bangla Limited (Bangladesh), Redtape HK Limited (Hong Kong), Redtape London Limited (UK, step-down via HK), and Redtape Quanzhou Sports Goods Co. Limited (China, step-down via HK), each 100% owned as of March 31, 2025 . Key milestones in FY 2024–25 include commissioning a 2.179 MWP solar power installation at a manufacturing plant, implementation of SAP HANA integrated with Easycom for e-commerce, and technology upgrades in EVA moulding and athleisure materials .

Redtape Limited Business Segment

• Primary activity: Retail and export of footwear, garments, and accessories; manufacturing of footwear; with footwear contributing the majority of turnover within product groups disclosed .

• Markets: India-focused omnichannel distribution with limited export share (about 0.17% of turnover) to 12 countries in FY 2024–25 .

Redtape Limited Key Management

• Mr. Rashid Ahmed Mirza — Chairman and Whole-time Director .

• Mr. Shuja Mirza — Managing Director .

• Mr. Arvind Verma — Whole-time Director .

• Ms. Sunanda — Whole-time Director .

• Mr. Abhinav Jain — Chief Financial Officer .

• Mr. Akhilendra Bahadur Singh — Company Secretary and Compliance Officer .

Latest Updates on Redtape Limited

• Commissioned a 2.179 MWP solar power installation at a manufacturing plant to reduce dependence on conventional electricity; installed BS-IV compliant DG sets and adopted natural light-efficient building designs .

• Implemented SAP HANA and integrated Easycom to strengthen operational efficiency and e-commerce capabilities .

• Upgraded EVA plant with new mould technology; adopted advanced materials and processes (laser cutting, high-frequency welding, multilayer screen printing) for sports and athleisure footwear .

• Expanded domestic logistics and distribution by inaugurating new warehouses at Bhiwandi and Ludhiana to strengthen the supply chain .

• Established a new step-down subsidiary in China: Redtape Quanzhou Sports Goods Co. Limited (wholly owned by Redtape HK Limited) to enhance global sourcing and manufacturing .

• Issued bonus shares in the ratio of 3:1; post-allotment, paid-up share capital increased from Rs 27.65 crore (face value basis) to Rs 110.57 crore .

The board declared an interim dividend for FY 2024–25; final dividend recommendation subject to shareholder approval at AGM .