R&B Denims Ltd - Board Meeting Intimation for General Matters

R&B Denims Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 19/01/2021 ,inter alia, to consider and approve about the proposal received from Axis Bank Limited and HDFC Bank Limited to take over the existing credit facilities of the company from The Cosmos Co-Op Bank Limited for better Rate of Interest and proposal for installation of Windmill in the name of R & B Denims Limited ('the company') and RB Industries (Subsidiary Partnership Firm) and the electricity produce from the windmill will be used in the captive consumption of the production of the company and RB Industries, respectively.