Radhe Developers India Ltd — Important, 03-02-2026: Company Update

Radhe Developers (India) Limited announced that Mr. Ashish P. Patel, a promoter group member, increased his holding by acquiring 2,51,39,620 equity shares. This acquisition was via a preferential allotment, converting unsecured loans into equity. Post-conversion, Mr. Patel's stake is 13,07,35,560 shares, representing 23.82% of the company's equity. This move strengthens the company's balance sheet by reducing debt and signals the promoter's confidence. The company's total equity capital has increased from Rs. 52.37 Cr to Rs. 54.89 Cr.