5381192026-09-015381192026-09-01in-capmkt:AdoptionOfNewLinesOfBusinessMemberiso4217:INRRNBDENIMS R&B DENIMS LIMITED538119NOTLISTEDINE012Q01039Arrangement/Adoption of new line/Closure of operations (Sub-para 2-Para B)Adoption of new line(s) of businessNewfalse2026-09-0116:00:002026-09-01The new line of business pertains to the polyester yarn manufacturing, specifically focusing on the value-added manufacturing of denim garments such as jeans, jackets, and other apparel. This marks a forward integration of the Company’s existing denim fabric manufacturing operations, allowing it to move up the value chain from fabric to finished products.This venture into polyester yarn manufacturing is a strategic move aimed at enhancing the Company’s value proposition, improving profitability, and ensuring long-term sustainability. The expected benefits include: - Vertical integration of operations, converting in-house denim fabric into finished garments to improve margins. - Opportunity to tap into the growing apparel export market and attract global brands. - Potential to expand into B2C or D2C retail segments. - Utilization of existing manufacturing infrastructure and human resources. - Diversification of revenue streams, reducing the impact of fabric market fluctuations Support for the Company’s ESG initiatives by incorporating sustainable garmenting practices. 250000000For, Estimated amount to be invested: Currently, Ricon Industries has invested approximately Rs. 25 crores as an initial capital outlay to cover machinery, skilled manpower, and infrastructure modifications. <br /> <br /> Further, investments are proposed to be funded through a mix of internal accruals and/or debt, as may be appropriate. The company remains flexible in its approach and will scale operations in alignment with demand and capacity utilization. <br />