RDB Infrastructure and Power boosts capital with warrant conversion
RDB Infrastructure and Power Limited's board of directors approved the allotment of 1,000,000 equity shares with a face value of Re. 1/- each. These shares were issued to "Non-Promoters Category" on a preferential basis, following the conversion of 1,000,000 warrants. The conversion generated INR 30,375,000, representing 75% of the warrant's issue price of INR 40.5/- per warrant.
This conversion boosts the company's issued and paid-up capital to INR 20,38,84,000, now comprising 20,38,84,000 equity shares of Re. 1/- each. The newly allotted equity shares will rank pari passu with existing shares.
Additionally, the company reported its unaudited standalone financial results for the quarter and six months ended September 30, 2025. Total income for the quarter was INR 2,262.09 lakhs and INR 9,185.78 lakhs for the half-year. Net profit after tax for the quarter was INR 304.55 lakhs, with a half-year net profit of INR 576.80 lakhs.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
News Alerts
Get instant email alerts when RDB Realty & Infrastructure publishes news
Free account required • Unsubscribe anytime