Regulatory14 May 2026, 08:21 pm
RDB Realty: No Deviation in Preferential Issue Funds
AI Summary
RDB Real Estate Constructions Ltd reports, per Regulation 32(6) and 162A, that funds raised through preferential issue of share warrants have been utilized as intended for the quarter ended March 31, 2026. Brickworks Ratings India Private Limited, the monitoring agency, confirmed no deviations in the utilization of proceeds. The funds raised through preferential allotment of warrants aggregated to ₹97.84 Crore till March 31, 2026. This report was reviewed by the Audit Committee and Board of Directors on May 14, 2026.
Key Highlights
- RDB Realty confirms no deviation in the use of preferential issue funds.
- Brickworks Ratings monitored fund utilization for the quarter ended March 31, 2026.
- Preferential allotment of warrants raised ₹97.84 Crore till March 31, 2026.
- Audit Committee and Board reviewed the monitoring report on May 14, 2026.
Price Impact
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