NSEGeneral Updates2 Nov 2026 · 2 Nov 2026, 06:24 pm
General Updates
RSWM Limited · RSWM
✦ AI SummaryExpansion
RSWM Limited's Board of Directors approved the revision of the project cost for the Denim Garment facility to approximately Rs. 208.26 crore, with the addition of a Knit Garments facility. The Board also decided to invest up to Rs. 46.24 crore in LNJNDS9 Global Private Limited, a subsidiary of the Company, and approved the grant of 970,000 options to eligible employees under the RSWM Limited Employees Stock Option Plan 2026.
Analysis Scores
Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment5/10
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Full Announcement
Pursuant to Regulation 30 & 33 of the SEBI (Listing Obligations and Disclosure Requirements)Regulations, 2015, the Board of Directors of the Company at its Meeting held today, i.e., 2ndNovember, 2026 have inter alia approved and taken on record the following:2. In continuation of earlier announcement dated 5th August 2026, informing setting up of aDenim Garment facility at approx. Rs. 186.30 crores with NDS9 Private Limited, the Boardhas reviewed and decided to revise the project cost to apporx. Rs.208.26 crore, with theaddition of Knit Garments facility in the first phase itself, with a view to achieving economiesof scale.3. The Board has decided to further invest upto RS. 46.24 crore (in one or more tranches) in LNJNDS9 Globa, l Private Limited, subsidiary of the Company by acquiring upto 4.62 equity sharesof face value of n0/- each in such manner to maintain 74:26 ratio as per Joint VentureAgreement. 4. Pursuant to the approval of the' RSWM Limited Employees Stock Option Plan 2026 (" ESOPScheme") by the Board of Directors of the company on 6th May 2026 and by the members ofthe Company on 26th August 2026 and pursuant to receipt ofln-Principle approval of BSE and National Stock Exchange of India Limited on 22nd October 2026 and 23 rd October 2026respectively, the NRC of the Company, at its meeting held today i.e on 2nd November 2026has approved the grant of 9,70,000 options at an exercise price of Rs. 146/- per option to theEligible Employees of the Company and of its subsidiary.