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R&B Denims Approves 1:2 Stock Split and Increases Authorised Capital to Rs 30 Crore
R&B Denims Limited has received shareholder approval to sub-divide its equity shares from a face value of Rs 2 to Re 1 each. This effectively results in a 1:2 stock split, doubling the number of shares held by investors while proportionally reducing the market price. Additionally, the company has increased its authorised share capital from Rs 25.50 crore to Rs 30.00 crore. These amendments to the Memorandum of Association were passed via an Ordinary Resolution at the Extraordinary General Meeting held on March 13, 2026.
Key Highlights
Shareholders approved a stock split reducing face value from Rs 2 to Re 1 per share
Authorised Share Capital increased from Rs 25.50 crore to Rs 30.00 crore
Total number of equity shares adjusted to 30 crore shares of Re 1 each
Amendments to Clause 5 of the Memorandum of Association (MOA) ratified at the EOGM
💼 Action for Investors
Investors should monitor the upcoming record date for the stock split, which is expected to improve trading liquidity. The increase in authorised capital also provides the company with flexibility for future equity-based corporate actions.
R&B Denims Secures Massive INR 2.16 Billion Order for 12 Million Meters of Fabric
R&B Denims Limited has secured a significant sales order worth approximately INR 215.88 Crores (INR 2.16 billion) for the supply of 12 million meters of denim fabric. The order, received from domestic merchant exporters, is slated for execution within a six-month timeframe. This development is expected to provide strong revenue visibility and enhance capacity utilization in the upcoming quarters. The scale of this order marks a notable commercial milestone for the company's growth strategy.
Key Highlights
Total contract value of INR 2,158,800,000 for denim fabric supply.
Order volume involves approximately 12,000,000 meters of fabric.
Execution period is strictly defined within the next 6 months.
Expected to significantly improve operating leverage and order book position.
💼 Action for Investors
This is a major positive trigger for the stock; investors should watch for quarterly revenue growth as these orders are executed over the next two quarters.
R&B Denims Q3 Profit Dips 13% YoY; Announces 1:2 Bonus Issue and Stock Split
R&B Denims reported a mixed performance for Q3 FY26, with total income rising slightly to ₹70.20 crore while net profit declined 12.9% YoY to ₹5.28 crore. However, the nine-month performance remains positive with revenue up 18.2% and net profit up 8% compared to the previous year. To improve liquidity, the board has approved a 1:2 stock split (reducing face value from ₹2 to ₹1) followed by a 1:2 bonus issue. The company also increased its authorized share capital to ₹30 crore to facilitate these corporate actions.
Key Highlights
Net Profit for Q3 FY26 stood at ₹5.28 crore, a decline from ₹6.07 crore in the year-ago period.
Total Income for the nine-month period ended Dec 2025 grew 18.2% YoY to ₹201.72 crore.
Approved stock split of 1 equity share of face value ₹2 into 2 shares of face value ₹1 each.
Announced 1:2 bonus issue, providing 1 new share for every 2 shares held post-split.
Authorized share capital increased from ₹25.50 crore to ₹30.00 crore.
💼 Action for Investors
The bonus issue and stock split are likely to enhance market liquidity and retail participation, though investors should note the slight contraction in quarterly margins. Long-term investors may find the 9-month growth trajectory encouraging despite the short-term profit dip.