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RDB Real Estate Constructions LtdImportant, 14-05-2026: Company Update

14-05-2026 · 08:13 pm

RDB Real Estate Constructions received its Monitoring Agency Report for funds raised through Preferential Allotment of Warrants, covering the quarter ending March 31, 2026. The report confirmed no deviation in how the funds were utilized compared to the stated objectives. The company has received ₹97.84 Crore from the preferential issue. These funds were primarily used for repaying existing debt (₹63.90 Crore) and general corporate purposes (₹33.94 Crore). The monitoring agency relied on CA certificates for verification, noting some intra-group transactions.

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