StockWatch
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Residential- Commercial Projects
Regulatory14 Aug 2026, 07:42 pm

RDB Real Estate Constructions: No Deviation in Preferential Issue Fund Utilization

AI Summary

RDB Real Estate Constructions Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, concerning the utilization of funds raised through a Preferential Issue of Share Warrants. The report, issued by Brickwork Ratings India Private Limited, confirms no deviation in the utilization of these funds as per the stated objectives. The report has been reviewed by the Audit Committee and Board of Directors. The company also made available its standalone un-audited financial results for the quarter, showing a net loss of ₹14.2 million. The company has stated that the report will be available on its website.

Key Highlights

  • Monitoring Agency Report confirms no deviation in fund utilization.
  • Funds were raised via Preferential Issue of Share Warrants.
  • Report covers the quarter ended June 30, 2026.
  • Company reported a net loss of ₹14.2 million for the quarter.