R&B Denims Secures INR 2.16 Billion Sales Orders for Denim Fabric
Filing Summary
R&B Denims Ltd has secured confirmed sales orders totaling approximately INR 2.16 billion for the supply of 12,000,000 meters of denim fabric products. The orders have been placed by domestic Merchant Exporters and are scheduled for execution within six months. The contract terms include agreed technical specifications, quality standards, and delivery schedules. The orders are not related party transactions, and no interest from the promoter group is involved. This development is in line with R&B Denims’ strategic focus on expanding its operational capabilities and enhancing its order book position.
R&B Denims Ltd has announced the receipt of confirmed sales orders amounting to approximately INR 2.16 billion for the supply of 12,000,000 meters of denim fabric products. These orders have been secured from domestic Merchant Exporters and are scheduled for execution over the next six months.
The orders are governed by mutually agreed commercial terms, including technical specifications, quality standards, and delivery schedules. Payment terms and other conditions have been established between the parties involved. The orders are not classified as related party transactions, and there is no interest from the promoter or promoter group in the entities awarding the contracts.
The company has not disclosed the name of the entity awarding the orders, citing confidentiality. The nature of the orders is for the supply of denim fabric products on an order basis, with the entire transaction being domestic in nature.
The execution of these orders is expected to occur within a six-month timeframe, adhering to the agreed-upon terms. The orders represent a significant addition to R&B Denims’ order book and are aligned with the company’s strategic objectives.
R&B Denims Ltd is focused on the production and supply of denim fabric products. The company is committed to expanding its operational capabilities and enhancing its market presence. It aims to maintain disciplined execution and operational excellence to create long-term value for its stakeholders.