RDB Infrastructure And Power Ltd — Important, 30-06-2026: Company Update

RDB Infrastructure and Power Limited has signed a Shareholders Agreement with Maxim Industries Private Limited and other parties to establish and operate a solar cell manufacturing plant in Chhattisgarh. The company currently holds a 29% equity stake in Maxim, which is set to increase to 42.50% upon achieving specific milestones. This strategic agreement marks a significant expansion into the renewable energy sector, broadening RDB's business operations. The company also secured rights to appoint directors, ensuring its active involvement in Maxim's governance.