RDB Infra & Power allots 2.5 lakh shares on warrants conversion

RDB Infra & Power allots 2.5 lakh shares on warrants conversion

RDB Infrastructure & Power, a leading Indian real estate and solar services company, has allotted 2.5 lakh equity shares to Nikhil Rawat and Kajal Rawat. This preferential allotment, following warrant conversions and ₹75,93,750 payment, increases company's paid-up capital to ₹19,83,84,000. These new shares rank equally with existing shares, reflecting a strategic move for the 1981-founded company.

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