R&B Denims Limited has scheduled an Extraordinary General Meeting (EGM) on March 13, 2026, to seek shareholder approval for significant corporate restructuring initiatives previously announced by the Board of Directors. The meeting will be held at 11:30 AM at the company's registered office in Surat, Gujarat, following the Board's approval of these measures on February 14, 2026.

EGM Agenda and Corporate Actions

The EGM will address three key resolutions that were approved by the Board during their February 14, 2026 meeting. These corporate actions are designed to enhance share liquidity and make the stock more accessible to retail investors.

Stock Split and Capital Restructuring

The primary agenda item involves subdividing equity shares from a face value of Rs. 2 per share to Re. 1 per share. This subdivision will double the number of outstanding shares while maintaining the same total capital value. Post-subdivision, the company's issued and paid-up capital will comprise 17,99,46,880 equity shares of Re. 1 each, totaling Rs. 17,99,46,880.

To accommodate future fundraising activities, the authorized share capital will be increased from Rs. 25,50,00,000 to Rs. 30,00,00,000, divided into 30,00,00,000 equity shares of Re. 1 each. This increase requires consequential amendments to Clause 5 of the company's Memorandum of Association.

Bonus Share Issue Details

Shareholders will vote on a 1:2 bonus issue, where eligible members will receive one additional equity share for every two shares held. The company plans to capitalize Rs. 8,99,73,440 from its securities premium account, which had a balance of Rs. 74,42,43,850 as of March 31, 2025.

Recent Financial Performance

The corporate actions follow the company's announcement of Q3FY26 results, which showed robust operational performance. Standalone revenue from operations reached Rs. 7,020.16 lakhs in Q3FY26, while consolidated revenue stood at Rs. 11,303.13 lakhs. The company reported standalone net profit of Rs. 528.28 lakhs and consolidated net profit of Rs. 828.87 lakhs for the quarter.

For the nine-month period ended December 31, 2025, standalone revenue grew to Rs. 20,171.71 lakhs from Rs. 17,058.70 lakhs in the previous year, with net profit increasing to Rs. 1,599.09 lakhs from Rs. 1,480.03 lakhs year-on-year.

Voting and Participation Details

The record date for determining voting rights has been set as March 6, 2026. Remote e-voting will be available from March 10, 2026 (9:00 AM) to March 12, 2026 (5:00 PM) through NSDL's e-voting platform. Members can also vote through polling papers at the physical meeting.

Ranjit Binod Kejriwal, Practicing Company Secretary, has been appointed as the Scrutinizer to conduct both remote e-voting and polling paper voting processes. The company has made arrangements for both physical and electronic participation, with detailed instructions provided for various categories of shareholders.

Source: BSE/NSE Filing

R&B Denims Limited has submitted revised financial results for the quarter and half year ended September 30, 2025, following a query from BSE Limited regarding format compliance of the Limited Review Report.

Regulatory Compliance Update

The company filed the revised results on December 17, 2025, addressing BSE's observation regarding the consolidated results' Limited Review Report format. The revision involved adding an Annexure I containing subsidiary names below the Limited Review Report, ensuring compliance with SEBI circular CIR/CFD/CMD1/44/2019.

Chairman and Managing Director Amit Dalmia confirmed that there are no changes in financial figures, results, or conclusions from the originally submitted report.

Strong Q2FY26 Financial Performance

The company's standalone financial results demonstrate robust growth across key metrics for the quarter ended September 30, 2025.

Standalone Results

Consolidated Results

The consolidated performance shows even stronger growth momentum:

Half-Year Performance

For the half year ended September 30, 2025, the company maintained strong performance:

Operational Highlights

The company's debt-equity ratio improved to 0.22 for standalone operations and 0.40 for consolidated operations. Interest service coverage ratio strengthened to 11.95 for standalone and 8.27 for consolidated operations, indicating healthy financial management.

R&B Denims continues to demonstrate strong operational efficiency with improved profit margins and robust cash generation capabilities across both standalone and consolidated operations.