Shareholding2 Jun 2026, 04:25 pm
Vinod Dugar Increases RDB Real Estate Stake to 70.02%
AI Summary
Vinod Dugar and Persons Acting in Concert (PACs) have revised their disclosure regarding a substantial acquisition of shares in RDB Real Estate Constructions Ltd. Following the conversion of 62,50,000 warrants into equity shares on February 9, 2026, their total shareholding increased from 60.67% to 70.02%. This conversion led to a change in voting rights exceeding 2%. The total equity share capital of the company increased from ₹20.06 Crores to ₹26.31 Crores post-acquisition.
Key Highlights
- Vinod Dugar & PACs now hold 70.02% of RDB Real Estate.
- Acquisition follows conversion of 6.25 million warrants.
- Shareholding increase triggered revised SEBI SAST disclosure.
- Company's equity share capital increased post-conversion.
Price Impact
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