RDB Infrastructure and Power Limited Allots Equity Shares Following Warrant Conversion; Receives ₹1.52 Crore

By PNN | Updated: January 21, 2026 10:20 IST2026-01-21T15:45:28+5:302026-01-21T10:20:04+5:30

Mumbai (Maharashtra) [India], January 21: RDB Infrastructure and Power Limited (formerly known as RDB Realty & Infrastructure Limited) has ...

RDB Infrastructure and Power Limited Allots Equity Shares Following Warrant Conversion; Receives ₹1.52 Crore | RDB Infrastructure and Power Limited Allots Equity Shares Following Warrant Conversion; Receives ₹1.52 Crore

RDB Infrastructure and Power Limited Allots Equity Shares Following Warrant Conversion; Receives ₹1.52 Crore

Mumbai (Maharashtra) [India], January 21: RDB Infrastructure and Power Limited (formerly known as RDB Realty & Infrastructure Limited) has announced the allotment of equity shares pursuant to the conversion of warrants, following approval by its Board of Directors through a circular resolution passed on January 20, 2026.

The company has allotted 5,00,000 equity shares of face value Re. 1 each upon conversion of an equivalent number of warrants earlier issued on a preferential basis to a non-promoter investor. The conversion was completed upon receipt of the balance 75% of the issue price, aggregating to ₹1.51 crore, at a conversion price of ₹40.50 per warrant, inclusive of a premium of ₹39.50 per share. The transaction has been executed in compliance with the provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

The warrants were originally allotted in November 2024, with 25% of the issue price paid upfront at the time of issuance. The present allotment reflects the exercise of conversion rights by the allottee within the prescribed period, underscoring continued investor confidence in the company's business prospects and long-term growth strategy.

Consequent to the allotment, RDB Infrastructure and Power Limited's issued and paid-up equity share capital has increased to ₹20.43 crore, comprising 20.43 crore equity shares of Re. 1 each. The newly allotted equity shares will rank pari passu with the existing equity shares of the company in all respects.

The company stated that the proceeds from the warrant conversion will further strengthen its capital base and provide additional financial flexibility to support ongoing operations and future growth initiatives. RDB Infrastructure and Power Limited continues to focus on enhancing stakeholder value through disciplined capital management and strategic execution across its business verticals.

Disclaimer: This article is for informational purposes only and does not constitute financial advice.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in app