R&B Denims gets nod to enhance existing Cash Credit Limit to Rs 23.00 crore

R & B Denims has received its board’s approval to enhance the existing Cash Credit Limit from Rs 18.00 crore to Rs 23.00 crore. The company has also received approval to borrow a New Letter of Credit (L.C.) Limit amounting to Rs 5.00 crore from The Cosmos Co-Op Bank.

R&B Denims manufactures and sells denim textile products in India. Its products include open end/ring spun yarns, slub yarns, multi count, cottons, polyester spandex products with indigo bottom sulphur toppings, and sulphur bottom and indigo toppings with foam and wet finishes.