Description
BSE lists 500,000 new equity shares of RDB Infrastructure and Power Limited issued on preferential basis via conversion of warrants, effective March 12, 2026.
Summary
BSE has listed 500,000 new equity shares of RDB Infrastructure and Power Limited (Scrip Code: 533285) effective Thursday, March 12, 2026. The shares were issued at Rs. 40.50 per share (face value Rs. 1.00 + premium of Rs. 39.50) to non-promoters on a preferential basis pursuant to conversion of warrants. The new shares rank pari-passu with existing equity shares.
Key Points
- 500,000 equity shares of Rs. 1.00 face value issued at a premium of Rs. 39.50 (issue price: Rs. 40.50)
- Issued to Non-Promoters on a preferential basis via conversion of warrants
- New shares rank pari-passu with existing equity shares
- Distribution numbers: 203884001 to 204384000
- ISIN: INE245L01028
- Date of allotment: January 20, 2026
- Trading effective from: March 12, 2026
Regulatory Changes
No regulatory changes. This is a standard listing notification for newly allotted securities under a preferential allotment scheme.
Compliance Requirements
- Trading members are informed to permit trading in these securities from March 12, 2026
- Lock-in restrictions apply to all 500,000 shares (Dist. Nos. 203884001 to 204384000) until September 30, 2026
Important Dates
- Date of Allotment: January 20, 2026
- Trading Commencement: March 12, 2026
- Lock-in Expiry: September 30, 2026
Impact Assessment
The listing adds 500,000 equity shares to the tradeable float of RDB Infrastructure and Power Limited, though these are subject to lock-in until September 30, 2026, limiting immediate market impact. The preferential allotment to non-promoters at Rs. 40.50 per share via warrant conversion is a routine corporate action. Broader market impact is minimal; effect is confined to existing shareholders and prospective investors in this scrip.
Impact Justification
Routine listing of new equity shares from preferential allotment via warrant conversion; limited broad market impact, relevant primarily to existing shareholders and investors of RDB Infrastructure and Power Limited.