Shareholding1 Jun 2026, 06:22 pm
RDB Infra: Loka Properties Acquires 4.22% Stake via Warrant Conversion
AI Summary
Loka Properties Pvt Ltd acquired 94,50,000 equity shares of RDB Infrastructure And Power Ltd through warrant conversion on May 27, 2026, representing 4.22% of the total diluted issued and paid-up share capital. Following the acquisition, Loka Properties' holding increased to 1,32,21,000 equity shares, representing 5.91% of the company's total diluted issued and paid-up share capital. The warrants are convertible into equity shares within 18 months from the date of allotment.
Key Highlights
- Loka Properties acquired 94,50,000 RDB Infra shares via warrant conversion.
- The acquisition represents 4.22% of RDB Infrastructure's diluted share capital.
- Loka Properties' total holding in RDB Infra increased to 5.91%.
- The warrant conversion occurred on May 27, 2026.
- Warrants are convertible to equity within 18 months of allotment.
Price Impact
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