R&B Denims: A search proceeding was intiated pursuant to a warrant issued by Enforcement Directorate, Ministry of Finance

What happened

R&B Denims (RNBDENIMS) filed a disclosure with the exchanges on 17 October 2026 at 05:39 PM titled "A search proceeding was intiated pursuant to a warrant issued by Enforcement Directorate, Ministry of Finance".

Company snapshot

R&B Denims is a micro-cap company, with a market value of about ₹222 crore.

The stock last traded at ₹8.22, against a 52-week range of ₹7.72–₹67.67 (87.8% below the high).

Before this filing the shares had moved −11.7% over the month and −15.8% over three months. Average daily turnover over the last 20 sessions was about ₹0.1 crore.

Promoters held 57.39% at the end of Q1 FY27. Foreign institutions owned 3.85% and domestic institutions 0.15%.

What history shows

BCEIE has no earlier regulatory filing from this company on record since May 2026.

Market-wide, 5,527 regulatory filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 49% rising.

Past reactions describe what happened before; they are not a forecast.

In the news

Recent coverage elsewhere (links open the original publisher):

• R&B Denims Lower Circuit Today: Price, Data and Peers — Univest, 16 Oct 2026
• ED raids RM Drip and R&B Denims: Raids at 29 locations in 6 cities, including Mumbai and Nashik, over alleg... — Bhaskar English, 16 Oct 2026
• ED raids 29 premises in 6 cities in stock manipulation case involving RM Drip, R&B Denims — The Tribune, 16 Oct 2026
• ED raids 29 premises across 6 cities over alleged share manipulation in R M Drip, R&B Denims: Sources — Zee Business, 16 Oct 2026

Source

• Exchange filing (PDF)