Investment25 Feb 2026, 04:09 pm
RDB Infrastructure And Power Ltd Approves Allotment of Equity Shares Upon Conversion of Share Warrants
AI Summary
RDB Infrastructure And Power Ltd has approved the allotment of 56,25,000 equity shares pursuant to conversion of share warrants issued on preferential basis. The warrants were issued to 'Non-Promoters Category' on preferential basis at a rate of Rs. 40.5/- per warrant, being 75% of the issue price of the warrant. The new equity shares so allotted, shall rank pari passu with the existing equity shares of the Company.
Key Highlights
- RDB Infrastructure And Power Ltd has approved the allotment of 56,25,000 equity shares upon conversion of share warrants.
- The warrants were issued to 'Non-Promoters Category' on preferential basis at a rate of Rs. 40.5/- per warrant.
- The new equity shares so allotted, shall rank pari passu with the existing equity shares of the Company.
- The issued and paid-up capital of the Company stands increased to Rs. 21,00,09,000/- consisting 0f21,00,09,000 equity shares of Re. 1/- each.
- The warrants were issued to M/s Sarwamangala.