Split14 Mar 2026, 03:41 pm
R&B Denims Ltd Announces Sub-Division of Equity Shares and Increase in Authorised Share Capital
AI Summary
R&B Denims Ltd has announced the alteration of the capital clause of its Memorandum of Association (MOA). The shareholders have approved the sub-division/split of the equity shares of the Company along with an increase in the authorised share capital. The amendment of the Capital Clause (Clause 5) of the MOA now reads as Rs. 30,00,00,000/- (Rupees Thirty crores crores and fifty lakhs only) divided into 30,00,00,000 (Thirty Crores) equity shares of Re. 1/- (Rupee One only) each. This decision was passed at the Extraordinary General Meeting (EOGM) held on 13th March, 2026.
Key Highlights
- R&B Denims Ltd has announced a sub-division of equity shares.
- The authorised share capital of the Company has been increased to Rs. 30,00,00,000/- (Rupees Thirty crores crores and fifty lakhs only).
- The Company will now have 30,00,000 (Thirty Crores) equity shares of Re. 1/- (Rupee One only) each.
- This decision was passed at the EOGM held on 13th March, 2026.
- The amendment is in compliance with Regulation 30 read with Para A of Part A of Schedule Ill of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.