RDB Infrastructure And Power Ltd — Updates, 15-04-2025: Company Update

RDB Infrastructure and Power Limited has executed a slump sale agreement for its non-agricultural leasehold land in Surat, measuring 10,667.52 sq. mtrs, selling it to Samprati Buildcon Private Limited for Rs. 60 Crore. The initial payment of Rs. 1 Crore has been received, with the remainder due within six months. This sale aims to enhance liquidity and provide financial flexibility to support the company’s strategic goals. From an investor perspective, this move could signal a positive outlook, allowing the company to capitalize on growth opportunities while minimizing financial risks.