Description

RDB Infrastructure and Power Limited lists 10 lakh equity shares issued at Rs. 40.50 per share to non-promoters on preferential basis pursuant to warrant conversion, effective January 29, 2026.

Summary

RDB Infrastructure and Power Limited (Scrip Code: 533285) has listed 10,00,000 new equity shares on BSE effective January 29, 2026. These shares were issued to non-promoters on a preferential basis pursuant to conversion of warrants at an issue price of Rs. 40.50 per share (face value Rs. 1 with premium of Rs. 39.50). The shares rank pari-passu with existing equity shares and are subject to lock-in until July 31, 2026.

Key Points

  • 10,00,000 equity shares of Rs. 1/- each listed on BSE
  • Issued at premium of Rs. 39.50 per share (total issue price: Rs. 40.50)
  • Allotted to non-promoters on preferential basis
  • Issued pursuant to conversion of warrants
  • Distinctive Numbers: 202884001 to 203884000
  • Date of allotment: November 13, 2025
  • Trading commences: January 29, 2026
  • Shares rank pari-passu with existing equity shares
  • ISIN: INE245L01028

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members must note the listing of new securities effective January 29, 2026
  • All 10 lakh shares are subject to lock-in restrictions and cannot be transferred until July 31, 2026
  • Standard compliance requirements for preferential allotment under SEBI regulations apply

Important Dates

  • Date of Allotment: November 13, 2025
  • Listing and Trading Commencement: January 29, 2026
  • Lock-in Period Expiry: July 31, 2026

Impact Assessment

Market Impact: Low. The preferential allotment of 10 lakh shares represents a relatively small issuance. The lock-in period until July 31, 2026 ensures these shares will not immediately impact market liquidity.

Operational Impact: Minimal impact on trading operations. Standard listing procedures apply with distinct number range clearly specified for tracking purposes.

Dilution Impact: The issuance will result in some dilution for existing shareholders, though the quantum is limited. The shares were issued at a significant premium (Rs. 39.50 over face value of Rs. 1), indicating positive valuation.

Impact Justification

Routine preferential allotment of limited size (10 lakh shares) with standard lock-in period, minimal market impact expected