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R&B Denims acquires 67% equity shares of Ricon Textile

12 Apr 2025 Evaluate

R&B Denims has acquired 67% equity stake of Ricon Textile for an aggregate consideration of Rs 3.35 crore. Post the acquisition, Ricon Textile has become a subsidiary of the company.

R&B Denims is engaged in the business of manufacturing and sale of quality Denim Textile products.


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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