R&B Denims Stock Split 1:2 and Authorised Capital Rise Aims to Boost Liquidity

R&B Denims Limited has fixed April 3, 2026, as the record date for a 1:2 stock split. The Gujarat-based small-cap textile firm said the move will split each Rs 2 share into two Rs 1 shares. The aim is to widen share ownership and improve trading liquidity.

The plan followed an Extra Ordinary General Meeting (EGM) on March 13, 2026. Shareholders cleared both the stock split and a rise in authorised capital. The company said these steps support a larger shareholder base. It also linked the change to smoother liquidity in the market.

After the update, R & B Denims Ltd (RNBDENIMS) traded at Rs 83.65 on the BSE. This was at 1:13 PM IST on March 20, 2026. The stock hit its lower circuit. It fell 5% from the previous close of Rs 88.05.

The board said the record date will identify eligible members for the share subdivision. The face value would reduce from Rs 2 to Rs 1 per share. The number of shares would rise in the same proportion. The company stated the total capital base stays unchanged after the split.

The company shared the pre and post split structure for authorised share capital. It currently has 12,75,00,000 authorised equity shares of Rs 2 each. That totals Rs 25,50,00,000. After the split, authorised shares would become 25,50,00,000 of Rs 1 each. The authorised capital remains Rs 25,50,00,000.

Issued, subscribed, and paid-up capital would also change in the same ratio. Before the split, paid-up equity shares stood at 8,99,73,440 of Rs 2 each. The paid-up value totalled Rs 17,99,46,880. After the split, shares would become 17,99,46,880 of Rs 1 each. The paid-up total stays Rs 17,99,46,880.

Particulars	Before stock split	After stock split
Authorised equity shares	12,75,00,000 shares of Rs 2	25,50,00,000 shares of Rs 1
Authorised share capital	Rs 25,50,00,000	Rs 25,50,00,000
Paid-up equity shares	8,99,73,440 shares of Rs 2	17,99,46,880 shares of Rs 1
Total paid-up capital	Rs 17,99,46,880	Rs 17,99,46,880

Separately, a February 14, 2026 stock exchange filing showed the Board cleared a bonus issue plan. It approved bonus equity shares in a 1:2 ratio, subject to shareholder approval. The company has not set a record date for this bonus issue. The plan refers to fully paid-up Re. 1 shares.

R&B Denims Target Price"R & B Denims stock price is bearish and oversold with next support at 80 on the Daily charts. Investors should buy only if Daily close is above resistance of 88 could lead to a target of 97 in the near term," commented A R Ramachandran, part-time SEBI-registered Research Analyst, Tips2trades.

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