R&B Denims Invests ₹5.51 Cr in Beroe Consulting India

R&B Denims Ltd has executed a Deed of Adherence to a Shareholders' Agreement for the acquisition of 8 equity shares of Beroe Consulting India Private Limited from Incred Wealth and Investment Services Private Limited. The total investment amounts to ₹5,51,06,816/-, representing approximately 0.13% of Beroe Consulting India's share capital. This investment is for surplus fund utilization and binds R&B Denims to the terms of the Shareholders' Agreement, treating it as part of the relevant Investor Group. The Board meeting to discuss this and other matters commenced at 3:00 PM and concluded at 4:20 PM.