NSEAdoption of new line(s) of business4d ago · 1 Sept 2026, 06:40 pm

Adoption of new line(s) of business

R&B Denims Limited · RNBDENIMS

✦ AI Summary▲ PositiveExpansion

R&B Denims Limited has informed the Exchange about the adoption of a new line of business, polyester yarn manufacturing, through its subsidiary Ricon Industries, which will commence commercial production on September 30, 2026.

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Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment7/10

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R&B Denims Limited has informed the Exchange about Adoption of new line(s) of business

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RBDENIMS_01092026184003_Regulation_30__polyster_yarn_by_ricon_indus_updated.pdf

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Date: September 01, 2026 To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra - Kurla Complex, Bandra (E), Mumbai-400001 Mumbai - 400051 Scrip ID/ Symbol /Code/ISIN : RNBDENIMS / 538119 / INE012Q01039 Subject : Intimation of adoption of new line of business and commencement of commercial production. Reference No. : Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir/Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to announce that Ricon Industries, a subsidiary company of R & B Denims Limited has enhanced the scope of existing business by entering into the “polyester yarn manufacturing” and will commence its commercial production on September 30, 2026 at its existing unit located at- Block No. 372, NH- 8, Moje Dhamdod, Near DGVCL Power Sub Station, Tal. Mangarol, Dist Surat – 394125. The information in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Schedule III - Para B of Part A of the Listing Regulations (as applicable) and relevant SEBI Circulars is enclosed in Annexure – I. Kindly take the above information on record and oblige. Thanking you. Yours Faithfully, For R & B Denims Limited Sujata Chirag Dudharejiya Company Secretary & Compliance Officer Place: Surat Encl: As above R&B Denims Ltd Regd. Office: BlockNo.467, Sachin Palsana Road, Palsana, Surat-394315, Gujarat, India. Tel+91 9601281648 Website: www.rnbdenims.com Email:- info@rnbdenims.com CIN:L17120GJ2010PLC062949 Annexure – I Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015: S. N. Particulars Details 1 Industry or area to which the The new line of business pertains to the polyester new line of business belongs yarn manufacturing, specifically focusing on the value-added manufacturing of denim garments such as jeans, jackets, and other apparel. This marks a forward integration of the Company’s existing denim fabric manufacturing operations, allowing it to move up the value chain from fabric t o finished products. 2 Expected benefits This venture into polyester yarn manufacturing is a strategic move aimed at enhancing the Company’s value proposition, improving profitability, and ensuring long-term sustainability. The expected benefits include: - Vertical integration of operations, converting in-house denim fabric into finished garments to improve margins. - Opportunity to tap into the growing apparel export market and attract global brands. - Potential to expand into B2C or D2C retail segments. - Utilization of existing manufacturing infrastructure and human resources. - Diversification of revenue streams, reducing the impact of fabric market fluctuations Support for the Company’s ESG initiatives by incorporating sustainable garmenting practices. 3 Estimated amount to be Currently, Ricon Industries has invested invested approximately Rs. 25 crores as an initial capital outlay to cover machinery, skilled manpower, and infrastructure modifications. Further, investments are proposed to be funded through a mix of internal accruals and/or debt, as may be appropriate. The company remains flexible in its approach and will scale operations in alignment with demand and capacity utilization. R&B Denims Ltd Regd. Office: BlockNo.467, Sachin Palsana Road, Palsana, Surat-394315, Gujarat, India. Tel+91 9601281648 Website: www.rnbdenims.com Email:- info@rnbdenims.com CIN:L17120GJ2010PLC062949