Description
47,50,000 equity shares of RDB Infrastructure and Power Limited issued on preferential basis pursuant to warrant conversion will be listed and permitted to trade from January 29, 2026.
Summary
BSE has approved the listing of 47,50,000 equity shares of RDB Infrastructure and Power Limited (Scrip Code: 533285) issued on a preferential basis to non-promoters pursuant to warrant conversion. The shares will commence trading on January 29, 2026, and are subject to lock-in until July 31, 2026.
Key Points
- Total shares listed: 47,50,000 equity shares of Rs. 1/- each
- Issue price: Rs. 40.50/- per share (including premium of Rs. 39.50/-)
- Issued to: Non-Promoters on preferential basis
- Basis: Conversion of warrants
- Trading commencement date: January 29, 2026
- ISIN: INE245L01028
- Scrip Code: 533285
- Ranking: Pari-passu with existing equity shares
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
Trading members are informed of the new securities listing and should update their systems accordingly.
Important Dates
- Allotment Date (First Tranche): August 18, 2025 - 2,50,000 shares (Dist. Nos. 198134001-198384000)
- Allotment Date (Second Tranche): August 29, 2025 - 45,00,000 shares (Dist. Nos. 198384001-202884000)
- Trading Commencement: January 29, 2026
- Lock-in Expiry: July 31, 2026 (all shares)
Impact Assessment
Minimal market impact expected. The shares represent a preferential allotment to non-promoters and are subject to complete lock-in until July 31, 2026, preventing immediate trading activity. The listing is administrative in nature, with all 47,50,000 shares locked and unable to be traded for approximately six months post-listing.
Impact Justification
Routine listing of preferential allotment shares with lock-in period. Limited impact on trading as shares are locked until July 2026.