RDB Infrastructure Incorporates Maxim Industries

RDB Infrastructure and Power Ltd has announced the incorporation of its subsidiary, Maxim Industries Private Limited, on June 2, 2026. This follows an earlier intimation on May 27, 2026. RDB Infrastructure will invest Rs. 4,35,000 by subscribing to 43,500 equity shares of Rs. 10 each, acquiring approximately 29% of Maxim Industries' paid-up equity share capital. Maxim Industries Private Limited is set to engage in the manufacturing of solar cells. The investment is considered an arm's length transaction and does not fall within related party transactions. As a newly incorporated entity, Maxim Industries does not yet have available size, turnover, or financial performance details.