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R & B Denims informs about acquisition

12 Apr 2025 Evaluate

R & B Denims has informed about acquisition. The company has acquired 67% equity stake of Ricon Textile for an aggregate consideration of Rs 3.35 crore w.e.f. April 01, 2025 by making the payment on April 12, 2025. 

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

Peers
Company Name CMP
Vardhman Textiles 528.90
Welspun Living 217.50
Arvind 509.30
Raymond Lifestyle 568.30
K.P.R. Mill 1069.90
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