Description

BSE notifies listing of 56,25,000 new equity shares of RDB Infrastructure and Power Limited, effective April 23, 2026, issued on a preferential basis via conversion of warrants at Rs. 40.50 per share.

Summary

BSE has notified trading members that 56,25,000 new equity shares of RDB Infrastructure and Power Limited (Scrip Code: 533285) are listed and permitted to trade on the Exchange effective Thursday, April 23, 2026. The shares were issued on a preferential basis to non-promoters pursuant to the conversion of warrants, at an issue price of Rs. 40.50 per share (face value Re. 1/- with a premium of Rs. 39.50/-).

Key Points

  • Scrip Code: 533285 (RDB Infrastructure and Power Limited)
  • Number of new shares: 56,25,000 equity shares of Re. 1/- each
  • Issue price: Rs. 40.50/- per share (Re. 1/- face value + Rs. 39.50/- premium)
  • Allottees: Non-Promoters, via preferential basis on conversion of warrants
  • Listing effective date: April 23, 2026
  • ISIN: INE245L01028
  • Distribution numbers: 204384001 to 210009000
  • New shares rank pari-passu with existing equity shares of the company

Regulatory Changes

No new regulatory changes introduced. This is a standard listing notification under BSE’s Listing Operations for newly allotted equity shares.

Compliance Requirements

  • Trading members are informed to permit trading in the new shares from April 23, 2026 onwards.
  • All 56,25,000 shares (Dist. Nos. 204384001 to 210009000) are subject to a lock-in and cannot be freely traded until October 31, 2026.

Important Dates

  • Date of Allotment: February 25, 2026
  • Listing/Trading Effective Date: April 23, 2026
  • Lock-in Expiry Date: October 31, 2026

Impact Assessment

The listing of 56,25,000 additional equity shares results in share capital dilution for existing shareholders of RDB Infrastructure and Power Limited. Since these shares are issued to non-promoters via warrant conversion at Rs. 40.50/-, it signals prior fundraising activity now materializing into tradeable equity. The lock-in until October 31, 2026 limits immediate selling pressure from the newly allotted shares. Overall market impact is moderate and localized to existing shareholders and traders in this scrip.

Impact Justification

Routine listing of new equity shares from preferential allotment via warrant conversion; affects existing shareholders through dilution but is a standard corporate action with a defined lock-in period.