Ratnabhumi Developers Ltd — Important, 22-05-2026: Company Update

The company has announced a board meeting to consider and approve the financial results for the quarter and half-year, which included a figure of ₹4,193.59 Crore. Additionally, the board approved a preferential issue of 2,220 warrants, convertible into equity shares at ₹3.92 per warrant, and 11.49 lakh equity shares at ₹2 per share, amounting to ₹2,993.60 Crore. The company also clarified a fundraise of ₹1,200 Crore. These measures aim to bolster its capital structure and fund general corporate purposes, supporting ongoing operations and expansion plans.