RSWM Limited Incorporates Joint Venture Company LNJ NDS9 Global Private Limited
RSWM Limited announced the incorporation of its joint venture company, LNJ NDS9 Global Private Limited, for a Denim Garment facility. The project cost is ₹186.30 crore. RSWM will hold 74% stake, and NDS9 will hold 26%. The authorized share capital is ₹1.00 crore.
The formation of a joint venture for a significant project like a Denim Garment facility indicates strategic expansion and potential for future growth, thus having a medium impact.
The incorporation of a joint venture company and the progress on a new project are positive developments for the company.
RSWM Limited has announced the incorporation of its joint venture company, LNJ NDS9 Global Private Limited, established for setting up a Denim Garment facility. This development follows previous disclosures made on August 5, 2026, and August 11, 2026, concerning the project and the execution of the Joint Venture Agreement with NDS9 Private Limited.
The estimated project cost for the Denim Garment facility is approximately ₹186.30 crore. In the newly incorporated joint venture company, RSWM Limited will hold a 74% stake, with NDS9 holding the remaining 26%. The authorized share capital of LNJ NDS9 Global Private Limited is currently ₹1.00 crore, consisting of 10,00,000 equity shares with a face value of ₹10 each. All necessary disclosures as required by SEBI Listing Regulations have been provided, and the information is also available on the company's website.
What to do with a filing like this
RSWM Limited filed this with the NSE as a statutory disclosure, categorised under joint ventures. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by RSWM Limited. Read the original for the full detail.