Description

500,000 new equity shares of RDB Infrastructure and Power Limited (Scrip Code: 533285) are listed and permitted to trade on BSE with effect from March 12, 2026, issued on a preferential basis to non-promoters pursuant to conversion of warrants.

Summary

BSE Notice No. 20260311-13 informs trading members that 500,000 new equity shares of RDB Infrastructure and Power Limited (Scrip Code: 533285, ISIN: INE245L01028) are listed and permitted to trade on the Exchange with effect from Thursday, March 12, 2026. The shares were issued to non-promoters on a preferential basis pursuant to conversion of warrants.

Key Points

  • 500,000 equity shares of face value Rs. 1.00 each issued at a premium of Rs. 39.50 per share
  • Issue price: Rs. 40.50 per share
  • Allotted 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
  • Date of allotment: January 20, 2026
  • ISIN: INE245L01028

Regulatory Changes

No regulatory changes. This is a routine listing notice following a preferential allotment approved under applicable SEBI regulations governing warrant conversion.

Compliance Requirements

  • Trading members are informed to note the new securities and permit trading from March 12, 2026
  • All 500,000 shares are subject to lock-in and cannot be traded until the lock-in period expires

Important Dates

  • Date of Allotment: January 20, 2026
  • Trading commencement date: March 12, 2026
  • Lock-in expiry date: September 30, 2026 (for all 500,000 shares, Dist. Nos. 203884001 to 204384000)

Impact Assessment

The listing adds 500,000 shares to the tradeable float of RDB Infrastructure and Power Limited post lock-in expiry on September 30, 2026. Until that date, all newly listed shares remain under lock-in and cannot be sold. The issue price of Rs. 40.50 per share reflects a Rs. 39.50 premium over face value. Market impact is expected to be minimal given the relatively small size of the allotment and the lock-in restriction currently in place.

Impact Justification

Routine listing of new equity shares from preferential allotment via warrant conversion; limited in size (500,000 shares) and affects a single small-cap company.