R&B Denims Sets 3 April 2026 as Record Date for 1:2 Bonus Issue and Share Subdivision

R&B Denims Ltd (RNBDENIMS) set 03rd April, 2026 as the record date for a 1:2 bonus issue and a stock split. The stock stayed under pressure on March 25, 2026. It closed at Rs 71.48 on the BSE. The session also saw a lower circuit and a 52-week low.

The company’s market capitalisation stood at Rs 646.01 Cr. The share price fall left the stock far below recent levels. Investors also tracked the company after a recent Rs 216 crore order win. These updates kept RNBDENIMS on watch for the next few sessions.

The Board of Directors fixed 03rd April, 2026 as the record date for the bonus issue. Eligible holders will receive 1 bonus equity share for every 2 equity shares held. 'The deemed date of allotment shall be Monday, 06th April, 2026, for the purpose of allotment of said Bonus Shares of the Company," R&B Denims confirmed in a stock exchange filing.

The board also chose 03rd April, 2026 as the record date for a share subdivision. The split changes the face value from Rs. 2/- to Re. 1/- each. This corporate action runs alongside the bonus issue. Both actions use the same eligibility date for shareholders on record.

RNBDENIMS has dropped sharply from its 52-week high of Rs 209.30 on February 25, 2026. The price later slid to Rs 71.80, which marked its 52-week low on March 25, 2026. That equals a fall of about 65.7%. The decline from the peak totals around Rs 137.50.

Some investors review valuations against textile peers. The stock’s P/E ratio stood at 24.94. The P/B ratio was around 3.16, while EPS was Rs 2.72. Key price points and ratios are listed below for quick reference.

Metric	Value	Date (where applicable)
BSE close	Rs 71.48	March 25, 2026
52-week high	Rs 209.30	February 25, 2026
52-week low / CMP referenced	Rs 71.80	March 25, 2026
P/E	24.94	-
P/B	3.16	-
EPS	Rs 2.72	-
Market capitalisation	Rs 646.01 Cr	March 25, 2026

"R & B Denims stock price is bearish and oversold with next support at 67.8 on the Daily charts. Investors should buy only if Daily close is above resistance of 79.2, which could lead to a target of 97 in the near term," commented A R Ramachandran, part-time SEBI-registered Research Analyst, Tips2trades.

R&B Denims is a vertically integrated denim maker that began operations in 2012. The company was the first to start denim manufacturing in Surat. It produces over 30 million meters of denim each year. The stock remained in focus due to the April record date, bonus ratio, and split details.

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