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| Exchange Disseminated Time 23/03/2017 15:32:37 | R&B Denims Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 23, 2017, inter alia, has approved the following;
1. The Board takes a note on and consider the Rent agreement of Company's Guest House
2. The Board approves the proposal to increase in Letter of Credit facility from 10,000,000/- (One crore only) to Rs. 30,000,000/- (Three crore only) which is categorized under sub limit of cash credit.
3. Review general operation of the Company.
Board glad to discuss that the performance of the Company is better since last board meeting and perused the provisional data placed on the table discussing the market trends and the industrial performances making comparative analysis of the Company and passed on necessary instructions in this regard. |
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