The company was incorporated on 6th Nov.'89 as Regal Enterprises Pvt Ltd and was later converted into Public Limited company on 28th Mar.'95. REL has been promoted by Mohit Gupta and Renu Gupta with the object of manufacturing, processing of all kinds of knitwears, garments & export the same.
During the year Mar'96, REL came out with a public issue of 15,50,000 equity shares of Rs 10/- each for cash at par aggregating to Rs 155 lacs to part finance the project for backward integration i.e. to manufacture knitted cloth and expansion of the existing apparel stitching unit of cotton/acrylic/ polyster knitted garments by increasing the production capacity from 4.5 lac pieces to 13.5 lac pieces.