R&B Denims Ltd Announces Bonus Share Allotment of 8,99,73,440 Equity Shares
R&B Denims Ltd announced the allotment of bonus equity shares following a Board meeting held on Monday, April 06, 2026. The Company's Board of Directors, at the meeting, approved the issuance of 8,99,73,440 equity shares, each having a face value of ₹1, as fully paid-up bonus equity shares.The bonus share allotment was executed in the ratio of 1:2. This means that for every two existing fully paid-up equity shares of face value ₹1, one fully paid-up equity share of face value ₹1 was allotted.
The bonus shares were allotted to eligible members of the Company whose names were recorded in the Register of Members/Beneficial Owners as of the Record Date, which was fixed as April 03, 2026.
This issuance has resulted in an increase in the paid-up share capital of R&B Denims Ltd. Following the allotment, the total paid-up share capital of the Company is ₹26,99,20,320, comprising 26,99,20,320 equity shares, each with a face value of ₹1.
The Board meeting concerning this allotment commenced at 11:00 am and concluded at 12:00 pm.
RNBDENIMS Stock Price Movement
R&B Denims Limited shares are currently trading at ₹18.44 down 5% from previous close.Source:
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