RDB Infrastructure And Power Ltd — Important, 15-05-2026: Company Update
15-05-2026 · 10:24 am
RDB Infrastructure and Power has received a Monitoring Agency Report from Acuité Ratings and Research concerning the utilization of funds from its Preferential Issue of Share Warrants. The report for the quarter ended March 31, 2026, confirmed that there was no deviation in how the funds were utilized compared to the stated objectives. The company had an issue size of INR 277.93 Cr and raised INR 210.70 Cr, utilizing INR 173.96 Cr. The unutilized balance of INR 36.75 Cr is strategically deployed in unsecured loans and fixed deposits, ensuring transparent and compliant fund management.
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