Description

500,000 new equity shares of RDB Infrastructure and Power Limited (Scrip Code 533285) are listed and permitted to trade on BSE from March 12, 2026, issued on preferential basis via conversion of warrants.

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
  • Issue price: Rs. 40.50 per share
  • Issued to Non-Promoters on a preferential basis via conversion of warrants
  • New shares rank pari-passu with existing equity shares
  • ISIN: INE245L01028
  • Distribution numbers: 203884001 to 204384000
  • Date of allotment: January 20, 2026

Regulatory Changes

No new regulatory changes. This is a standard listing notification pursuant to a completed preferential allotment and warrant conversion.

Compliance Requirements

  • Trading members are informed to note the listing of these new securities effective March 12, 2026
  • All 500,000 shares are subject to lock-in restrictions until September 30, 2026; they may not be freely traded until the lock-in period expires

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 new equity shares to the tradeable float of RDB Infrastructure and Power Limited, though all shares are locked in until September 30, 2026, limiting immediate market impact. The preferential allotment at Rs. 40.50 per share (at a premium of Rs. 39.50 over face value) reflects the company’s capital-raising activity through warrant conversion. Existing shareholders may see marginal dilution, but the lock-in period provides a buffer against immediate selling pressure.

Impact Justification

Routine listing of new equity shares via preferential allotment and warrant conversion for a mid-cap company; subject to lock-in until September 2026, limiting immediate trading impact.