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R&B Denims secures Rs 1.5 crore loan from Shilpa Dyeing for business activities
27-Oct-2026, 04:28

R&B Denims Ltd. announced that its board of directors approved a loan agreement with Shilpa Dyeing and Printing Mills Private Limited for an unsecured loan of Rs 1.5 crore to provide financial assistance towards its business activities. The loan carries an interest rate of 13.80% per annum and has a tenure until repayment on demand or earlier termination by mutual consent, with no security provided.