RDB Real Estate Constructions Ltd — Important, 19-08-2025: Company Update

RDB Real Estate Constructions Limited has allotted 89.50 lakh share warrants on a preferential basis to promoter and non-promoter groups. This allotment is part of a larger approved issuance of 1.79 Cr share warrants. Each warrant is priced at Rs. 87.15 and is convertible into an equity share within 18 months. The current allotment aggregates to Rs 156.69 Cr, with Rs 19.49 Cr received upfront. The issue price was re-calculated to Rs 87.15 per share, significantly higher than the initially proposed Rs 36, due to an updated pricing methodology after the company completed 90 trading days post-listing. This capital infusion strengthens the company's financial position.