RDB Real Estate Constructions Ltd — Important, 13-07-2026: Company Update

The company's Committee of Directors has approved investing 49% of the paid-up share capital in a new Special Purpose Vehicle (SPV), "ASHOKA - RDB INFRASTRUCTURE & DEVELOPMENT PRIVATE LIMITED." This SPV is being formed for the development of a Gems & Jewellery Park under a Public Private Partnership (PPP) model in Raipur, Chhattisgarh. The company will subscribe to 4,900 equity shares, totaling Rs. 49,000, for this 49% stake. This move signifies the company's expansion into new real estate development projects through strategic partnerships.