R&B Denims Limited has announced a significant commercial achievement with the securing of confirmed sales orders worth approximately INR 2,158,800,000 for the supply of denim fabric products. The announcement was made through a regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Order Details and Specifications

The comprehensive order encompasses the supply of approximately 12,000,000 meters of denim fabric products to established merchant exporters. The company described this INR 2.16 billion order inflow as one of the notable order consolidations in recent periods, highlighting the scale and commercial significance of the achievement.

Execution Framework and Timeline

The orders are scheduled for execution during the forthcoming quarters, with supplies to be completed within a period of six months. The execution will follow mutually agreed commercial terms and delivery schedules, with technical specifications and quality standards as per the contractual agreements. Payment terms and other commercial conditions have been mutually agreed between the parties.

Strategic Impact and Business Implications

The company expects the order execution to meaningfully enhance revenue visibility and strengthen capacity utilisation. R&B Denims highlighted that this development will further solidify the company's order book position, supporting its strategic growth trajectory and reinforcing its focus on scaling operations and improving operating leverage.

The scale and value of these orders underscore strong demand traction and sustained client confidence in the company's capabilities. Management emphasized that this achievement reflects the company's expanding execution capabilities in the denim fabric manufacturing sector.

Regulatory Compliance and Transparency

The order details were disclosed in compliance with regulatory requirements, confirming that the contracts do not involve any related party transactions and are conducted at arm's length. The company confirmed that promoters, promoter groups, or group companies have no interest in the entities that awarded the orders.

R&B Denims Limited remains committed to disciplined execution, operational excellence, and long-term value creation for its stakeholders as it moves forward with the execution of these substantial orders.

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