RDB Infrastructure And Power Ltd — Others, 18-08-2025: Corp Action

RDB Infrastructure and Power Limited's board approved the allotment of 2,50,000 equity shares to non-promoters Nikhil Rawat and Kajal Rawat. These shares arise from the conversion of 2,50,000 warrants, following the receipt of the balance amount of Rs. 0.759 Cr from allottees. This represents 75% of the total warrant issue price of Rs. 40.5 per warrant. The conversion boosts the company's issued and paid-up capital to 19.8384 Cr, now comprising 19,83,84,000 equity shares of Re. 1 each. This capital expansion reflects the exercise of existing warrant rights.