R&B Denims Ltd — Others, 19-07-2025: AGM/EGM
R&B Denims has announced its Annual General Meeting to seek shareholder approval on several key matters. This includes adopting the audited financial results for the past fiscal year and the re-appointment of Mr. Amit Dalmia as Managing Director and Mr. Ankur Mangilal Borana as Executive Director. Shareholders will also vote on a range of related party transactions, encompassing goods sales/purchases and services with subsidiaries like RB Industries (up to Rs. 1000 Cr goods, Rs. 250 Cr services), Ricon Industries (up to Rs. 500 Cr goods, Rs. 50 Cr services), and Ricon Textile Limited (up to Rs. 70 Cr corporate guarantee, Rs. 100 Cr goods). The meeting will also consider approving various subsidiary related party transactions and the appointment of Mrs. Nitika Abhishek Soni as an Independent Director.
