ALPHA TRIBE

RDB Infrastructure And Power LtdOthers, 25-06-2025: Corp Action

25-06-2025 | 07:35 pm

RDB Infrastructure and Power Limited has announced a board meeting on the allotment of 5 lakh equity shares to a non-promoter investor following the conversion of equal warrants at Rs. 40.5 each. This infusion raised Rs. 1.52 Cr for the company and increased the paid-up share capital to Rs. 19.81 Cr, comprising 19.81 crore equity shares of Re. 1 each. The fresh shares carry identical rights as the existing equity, enhancing the company’s capital base and shareholder value.

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