Massive Corporate Action: R & B Denims Declares 1:2 Bonus Shares & 1:2 Stock Split; Street Watches Closely

Founded in 2010 and headquartered in Surat, India, R&B Denims Limited (RBDL) is a significant vertically integrated producer that produces more than 30 million meters of denim fabric yearly. Following the Board of Directors' announcement of significant corporate initiatives for investors, including bonus shares and a stock split, the stock garnered attention today.

R&B Denims Stock Split

The Board of Directors "Considered and approved stock split (sub-division of equity shares) of Company's 1 (One) equity share of face value of Rs. 2/- (Rupees two only) each into 1 (One) equity share of face value of Re. 1/- (Rupee one only) each, subject to the approval of shareholders and other approvals as may be required. In this respect, the record date shall be decided by the board and will be intimated to exchange," confirmed R&B Denims in a stock exchange statement.

The company's authorized share capital, which was split into 12.75 crore equity shares with a face value of Rs 2 each, was Rs 25.50 crore prior to the stock split. The number of authorized equity shares will grow to 25.50 crore shares with a lower face value of Rs 1 per share after the split, while the authorized share capital will stay the same at Rs 25.50 crore.

In a similar vein, the company's issued, paid-up, and subscribed share capital, which consists of 8,99,73,440 equity shares worth Rs 2 each, now stands at Rs 17.99 crore. The paid-up capital will stay at Rs 17.99 crore following the implementation of the stock split, but there will be twice as many equity shares-17,99,46,880-with a face value of Rs 1 apiece.

R&B Denims Bonus Issue

The Board of Directors "Considered and approved the issue of Bonus equity shares in the ratio 1:2 i.e. 1 (One) equity shares of Re. 1/- (Rupee one only) each for every 2 (Two) full paid-up equity shares of Re. 1/(Rupee one only) each held by the Shareholders of the Company, subject to the approval of shareholders and other approvals as may be required. In this respect, the record date shall be decided by the board and will be intimated to exchange for determining the entitlement of the Shareholders to receive Bonus Shares in due course," R&B Denims said in a statement.

R&B Denims Share Price

On the NSE, R & B Denims Ltd.'s (RNBDENIMS) share price was Rs 181.58 as on February 16, 2026. During today's trading session, the stock reached an all-time high of Rs 181.90, representing a gain of over 1.92% from its previous close of Rs 178.16.