RDB Real Estate Constructions Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST
01-01-1970 | 12:00 am
01-01-1970 | 12:00 am
Promoter Vinod Dugar, along with Persons Acting in Concert, has significantly increased their shareholding in RDB Real Estate Constructions Limited. Their stake rose to 70.02% from 60.67% after converting 62,50,000 share warrants into equity shares. This conversion expanded the company's equity share capital from 20.06 Cr, comprising 2,00,58,400 shares, to 26.31 Cr, comprising 2,63,08,400 shares. This indicates stronger promoter commitment and a notable change in the company's capital structure due to the issuance of new shares.
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