RSWM Ltd

JV formation

• Incorporation of LNJ NDS9 Global Private Limited JV with NDS9.
• RSWM to hold 74% and NDS9 26% in the JV.
• Estimated project cost ₹186.3 crore for denim garment facility.
• Authorized capital ₹1 crore (10 lakh shares of ₹10 each).
• Certificate of Incorporation received today.

Tax department visit

• Income Tax Department visited RSWM's corporate office on August 10, 2026 for books examination.
• Inspection completed and officials left the corporate office on August 13, 2026.
• RSWM states adherence to high ethical practices and transparency in governance.
• Information disclosed for record and website posting per regulatory requirement.

Meeting Details

• Date and time: August 5, 2026 at 5:30 PM IST.
• Event: Q1 FY27 Earnings Conference Call.
• Organizer: Rik Capital.
• Meeting type: group earnings conference call; mode: virtual teleconference.

Participants

• Joint Managing Director.
• Chief Transformation and Chief Risk Officer.
• President and CFO.
• Chief Compliance Officer and Company Secretary.
• Senior General Manager - Corporate Finance.

Purpose

• Discuss Q1 FY27 results and financial performance.
• Provide industry outlook and strategic updates.
• Answer analyst questions during Q&A.

Additional Notes

• Recording of the conference call; transcript and presentation available.
• Transcript enclosed and uploaded on stock exchanges; also on rswm.in.

JV and ownership

• RSWM and NDS9 enter into a JV to form LNJ NDS9 Global Private Limited.
• Equity split 74:26 in favour of RSWM and NDS9 respectively.
• Initial project investment estimated at INR 186 crore.

Capacity rollout

• Phase 1 installed denim capacity 0.5 million garments per month.
• Phase 2 adds 1.0 million denim/activewear per month.
• Total capacity after Phase 2: 1.5 million per month.

Platform scope

• Facility designed around Industry 5.0 with automation and AI sustainability.
• RSWM to lead manufacturing, procurement, quality, and supply chain.
• NDS9 to lead design, merchandising, and international sales.

Outlook and rationale

• Platform aims to become a future-ready, design-led denim and activewear hub.

JV with NDS9 for denim facility

• Executed Joint Venture Agreement with NDS9 for a denim garment facility at estimated project cost ₹186.30 crore.
• Proposed JV to be owned 74% by RSWM and 26% by NDS9.
• Initial JV paid-up capital ₹1.00 crore; RSWM to subscribe ₹74.00 lakh and NDS9 ₹26.00 lakh.
• Project cost ₹186.30 crore to be funded 30% from equity and 70% via term loans.
• JV company currently under incorporation; disclosures to be made upon incorporation.
• Continuing disclosure on August 5, 2026 regarding the JV project.
• Proposed JV is subject to incorporation and lender stipulations.

Re-lodgement of physical share transfers

• June 2026: zero re-lodgement requests for physical shares received.
• No requests processed, approved, or rejected during June 2026 per MCS report.
• Intimation issued under SEBI circular HO/38/13/11(2)2026 dated 30 January 2026.
• Information also available on the company's website for June 2026.

• Within 15 days of receipt, dematerialised securities were listed on the stock exchanges.
• Physical certificates were mutilated and cancelled, with the depository named as registered owner.