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R&B Denims Invests ₹5.51 Crore For 0.13% Beroe Stake


24 October 2026
R&B Denims Ltd.

Board approved Deed of Adherence to Aug 11 Shareholders Agreement, acquiring 8 shares of Beroe Consulting India from Incred Wealth for Rs 5.51 Cr for 0.13% stake. Unrelated micro-minority with no special rights or control. Another non-core surplus deployment outside textiles while cash is thin and earnings already lean on other income. No link to yarn-garment integration; target financials, valuation basis and return exit terms undisclosed. Extends cash-use and governance watch amid ongoing probes and disclosure slips.


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