RDB Real Estate Constructions Ltd

RDB Real Estate Constructions Ltd has announced the closure of its trading window from July 1, 2026, until 48 hours after the declaration of its un-audited financial results for the quarter ending June 30, 2026. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. During this period, all designated employees and their immediate relatives are prohibited from trading in the company's securities. The date of the board meeting to approve these financial results will be communicated separately. The company has also made this intimation available on its website.

RDB Real Estate Constructions Ltd announced the immediate resignation of Mr. Harsh Jhunjhunwala from his position as Chief Financial Officer (CFO). The resignation is due to personal and professional commitments, as stated in his email dated June 24, 2026. Consequently, Mr. Jhunjhunwala also ceases to be a Key Managerial Personnel. The company has accepted the resignation and expressed appreciation for his services. Further details are available on the company's website and in the enclosed annexures.

RDB Real Estate Constructions Ltd announced the immediate resignation of Mr. Harsh Jhunjhunwala from his position as Chief Financial Officer (CFO). The resignation is effective immediately due to personal and professional commitments, as stated in his email dated June 24, 2026. Consequently, Mr. Jhunjhunwala also ceases to be a Key Managerial Personnel. The company has provided details as per SEBI regulations and made the information available on its website. A copy of the resignation email is enclosed.

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.

RDB Real Estate Constructions Ltd's Board of Directors approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, during its meeting on May 29, 2026. The board also approved the re-appointment of M/s Garg Narender & Co. as Internal Auditor for FY 2026-27 and the incorporation of a new subsidiary, Avanir Wellness Resorts Private Limited. Additionally, they approved the sale of shares in RDB Raipur Hotels Private Limited, resulting in its cessation as a direct subsidiary but remaining a stepdown subsidiary.

RDB Real Estate Constructions Ltd's board approved a 74% equity investment in the proposed company, Avanir Wellness Resorts Private Limited. The board also approved audited financial results for the quarter and year ended March 31, 2026, re-appointed M/s Garg Narender & Co. as internal auditor, and approved the sale of shares in RDB Raipur Hotels Private Limited to Gupta Infrastructure (India) Private Limited.

RDB Real Estate Constructions Ltd's board approved the sale of 9,499 equity shares in RDB Raipur Hotels Private Limited to Gupta Infrastructure (India) Private Limited for ₹56,994. This sale results in RDB Raipur Hotels ceasing to be a direct subsidiary but remaining a stepdown subsidiary. The board also approved audited financial results for the year ended March 31, 2026, re-appointed M/s Garg Narender & Co. as Internal Auditor, and noted the incorporation of Avanir Wellness Resorts Private Limited as a new subsidiary.

RDB Real Estate Constructions Ltd has scheduled a Board of Directors meeting on May 29, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The meeting will be held at the company's registered office in Kolkata, as per Regulation 29 of SEBI Listing Obligations and Disclosure Requirements.

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.

RDB Real Estate Constructions Ltd responded to an Exchange query dated April 13, 2026, concerning significant movement in its equity share price. The company affirmed its consistent compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, by making timely disclosures of all material and price-sensitive information. RDB Real Estate confirmed that, as of the current date, there are no pending announcements, events, or developments that could have a material or price-sensitive impact on its share price. The company attributed the share price fluctuations to market dynamics and factors beyond its control.