Description
500,000 equity shares of RDB Infrastructure and Power Limited listed on BSE with effect from October 20, 2025, issued on preferential basis pursuant to warrant conversion.
Summary
BSE has listed 500,000 new equity shares of RDB Infrastructure and Power Limited (Scrip Code: 533285) issued to non-promoters on preferential basis pursuant to conversion of warrants. The securities will commence trading from October 20, 2025, and are subject to lock-in until April 30, 2026.
Key Points
- 500,000 equity shares of Re. 1/- each issued at premium of Rs. 39.50/-
- Issue price: Rs. 40.50 per share
- Issued to non-promoters on preferential basis
- Shares issued pursuant to conversion of warrants
- Ranking pari-passu with existing equity shares
- ISIN: INE245L01028
- Distinctive Numbers: 197634001 to 198134000
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members are informed to note the listing of new securities
- Lock-in compliance required for all 500,000 shares until April 30, 2026
- Shares cannot be traded or transferred during the lock-in period
Important Dates
- Allotment Date: June 25, 2025
- Trading Commencement: October 20, 2025 (Monday)
- Lock-in Period Expiry: April 30, 2026
Impact Assessment
Minimal market impact expected. The listing involves a relatively small quantity of shares (500,000) issued on preferential basis to non-promoters. With shares locked-in until April 30, 2026, there will be no immediate trading activity or liquidity impact. The shares rank pari-passu with existing equity, maintaining uniform shareholder rights.
Impact Justification
Routine listing of preferential allotment shares with limited market impact given small quantity (500,000 shares) and lock-in period extending to April 2026