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R&B Denims informs about outcome of board meeting

14 Sep 2021 Evaluate

In furtherance to its intimation dated August 23, 2021 and in terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations, 2015’), R&B Denims has informed that the Board of Directors of the Company at their meeting held on September 13, 2021 at 03:00 pm and concluded at 03:45 pm, have considered and approved the following businesses: The sub-division/ stock split of existing 1 Equity Share of face value of Rs 10 each fully paid up into 5 Equity Shares of Rs 2 each fully paid up, subject to shareholders' approval. Detailed disclosure in terms of Regulation 30 of Listing Regulations, 2015 read with SEBI circular dated 9th September, 2015 is enclosed at Annexure 1. Further, the record date for the purpose of subdivision of equity shares shall be decided after obtaining approval for sub-division from the members through postal ballot and will be intimated in due course, Alteration of Authorised Share Capital of the Company from Rs 25,50,00,000 divided into 2,55,00,000 Equity Shares having face value of Rs 10 each to Rs 25,50,00,000 divided into 12,75,00,000 Equity Shares having face value of Rs 2 each and consequent alteration in Capital Clause of Memorandum of Association of the Company, subject to shareholder approval and Considered and approved the draft notice of Postal Ballot to seek shareholder approval.

The above information is a part of company’s filings submitted to BSE.

R&B Denims Share Price

10.95 0.06 (0.55%)
19-Jun-2026 16:59 View Price Chart
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