Business Standard

R&B Denims temporarily shuts down plant

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Capital Market

Due to heavy stock of finished goods

R&B Denims announced that the due to very grim demand in the present market condition, Sale of Company's production has considerably gone down, resulting into heavy stock of finished goods.

In the best financial interest, the management of the Company has taken the decision to stop production and go in for temporary shutdown of its plant intermittently till such time the market condition improves.

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First Published: Dec 16 2016 | 7:12 PM IST

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