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Residential- Commercial Projects
Corporate Governance14 Nov 2026, 11:20 pm

RDB Real Estate: No Deviation in Preferential Issue Fund Utilization

AI Summary

RDB Real Estate Constructions Ltd has submitted its fifth Monitoring Agency Report for the quarter and half-year ended September 30, 2026. The report, issued by Brickwork Ratings India Private Limited, confirms no deviation in the utilization of funds raised through a preferential issue of share warrants, which aggregated to ₹97.84 Crore. The utilization of these funds was reviewed by the Audit Committee and the Board of Directors. The company has also made this report available on its website.

Key Highlights

  • Monitoring Agency Report for Q2 FY27 submitted.
  • No deviation confirmed in utilization of ₹97.84 Crore preferential issue funds.
  • Report reviewed by Audit Committee and Board of Directors.
  • Funds raised via preferential issue of share warrants.
  • Report available on company website.