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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 534.45
Welspun Living 227.60
Arvind 539.60
Raymond Lifestyle 642.05
K.P.R. Mill 1103.45
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