Description
5,00,000 equity shares of RDB Infrastructure and Power Limited issued on preferential basis pursuant to conversion of warrants will be listed and permitted to trade from October 20, 2025.
Summary
BSE has announced the listing of 5,00,000 equity shares of RDB Infrastructure and Power Limited (Scrip Code: 533285) issued to non-promoters on a preferential basis pursuant to conversion of warrants. The shares will be listed and permitted to trade on the Exchange from Monday, October 20, 2025. These shares rank pari-passu with existing equity shares and are subject to lock-in until April 30, 2026.
Key Points
- 5,00,000 equity shares of Re. 1/- each issued at a premium of Rs. 39.50/- per share
- Issue price: Rs. 40.50/- per share
- Allotted to non-promoters on preferential basis pursuant to warrant conversion
- Date of allotment: June 25, 2025
- Distinctive Numbers: 197634001 to 198134000
- ISIN: INE245L01028
- Shares rank pari-passu with existing equity shares
- All 5,00,000 shares subject to lock-in until April 30, 2026
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
Trading members of BSE are informed to note the listing of these new securities for trading purposes.
Important Dates
- Notice Date: October 17, 2025
- Date of Allotment: June 25, 2025
- Trading Commencement Date: October 20, 2025 (Monday)
- Lock-in Period Ends: April 30, 2026
Impact Assessment
The listing has minimal market impact as it involves a relatively small number of shares (5,00,000) issued on a preferential basis. The entire issue is subject to lock-in until April 30, 2026, preventing immediate trading and limiting potential price volatility. This is a routine corporate action involving warrant conversion by non-promoters. Trading members should update their systems to reflect the increased share capital and new distinctive numbers.
Impact Justification
Routine listing of preferential allotment shares with limited market impact due to small issue size and lock-in period