Description
500,000 equity shares of RDB Infrastructure and Power Limited are listed on BSE with effect from March 12, 2026, issued on a preferential basis to non-promoters pursuant to conversion of warrants at an issue price of Rs. 40.50 per share.
Summary
BSE has notified trading members that 500,000 new equity shares of RDB Infrastructure and Power Limited (Scrip Code: 533285) are listed and permitted to trade on the Exchange effective Thursday, March 12, 2026. These shares were issued on a preferential basis to non-promoters pursuant to conversion of warrants at an issue price of Rs. 40.50 per share.
Key Points
- 500,000 equity shares of face value Rs. 1.00 each issued at a premium of Rs. 39.50 per share
- Allotted to non-promoters on a preferential basis via conversion of warrants
- New shares rank pari-passu with existing equity shares of the company
- ISIN: INE245L01028
- Distribution Numbers: 203884001 to 204384000
- Date of Allotment: January 20, 2026
- Issue Price: Rs. 40.50 per share
Regulatory Changes
No regulatory changes. This is a standard listing notification for newly allotted securities.
Compliance Requirements
- Trading members are informed to permit trading in these new securities from March 12, 2026
- All 500,000 shares are subject to lock-in until September 30, 2026
Important Dates
- Date of Allotment: January 20, 2026
- Listing/Trading Effective Date: March 12, 2026
- Lock-in Expiry Date: September 30, 2026
Impact Assessment
The listing is limited in scale (500,000 shares) and involves non-promoter preferential allotment through warrant conversion. All newly listed shares are under lock-in until September 30, 2026, meaning no immediate selling pressure from this allotment. The impact on the broader market is minimal; the primary effect is a marginal increase in the total listed share capital of RDB Infrastructure and Power Limited.
Impact Justification
Routine listing of a relatively small preferential allotment (500,000 shares) to non-promoters following warrant conversion; limited broader market impact.