The company informs that the Joint Venture company, named LNJ NDS9 Global Private Limited, has been formally incorporated. The Certificate of Incorporation was received on August 21, 2026.
This JV was established for setting up a Denim Garment facility at an estimated project cost of approximately ₹186.30 crore. The venture is with NDS9 Private Limited.
The shareholding pattern in the joint venture company is:
- 74% by RSWM Limited
- 26% by NDS9 Private Limited
The joint venture company currently has an authorized share capital of ₹1.00 crore, comprising 10,00,000 equity shares with a face value of ₹10 each.
This disclosure serves as a continuation of the company's earlier disclosures dated August 5, 2026 (regarding the intent to set up the JV) and August 11, 2026 (regarding the execution of the Joint Venture Agreement). The company notes that all requisite disclosures for LNJ NDS9 Global Private Limited under SEBI Listing Regulations were already provided in the August 5, 2026 disclosure.
The information is also being made available on the company's website at www.rswm.in.
The disclosure is signed by Surender Kumar Gupta, Chief Compliance Officer & Company Secretary (FCS - 2615).