Announced Thu, 4 Jun · 16:51 IST

The Board of Directors at its meeting held today i.e., 04 June, 2026 has approved the appointment of M/s Sohan Lal Jalan and Associates as the Cost of Auditor of the Company to conduct ....

Ceo Appointed ExternalManagement Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-4.4%1-day move
₹24.90
prior close
₹24.54
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.8+3.7+3.7+2.7-4.4-3.7-3.6-3.7-1.6-7.6-15.7-20.5
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AI summary

The Board of Directors of RDB Infrastructure and Power Ltd met on 04 June 2026 and approved two key items. First, M/s. Sohan Lal Jalan and Associates, Cost Accountants (Firm Registration No. 000521), have been appointed as the Cost Auditor of the Company to audit cost records for the financial year ending 31 March 2027, subject to shareholder approval. The firm has over 41 years of experience in cost auditing, GST audits, taxation, and statutory compliance across multiple industries. Second, the Board approved issuing a Postal Ballot Notice to seek shareholder approval for the regularization of Mr. Shubham Vaidya (DIN: 11294349) as Managing Director, who was originally appointed by the Board on 09 April 2026. Ms. Prachi Bhartia was appointed as Scrutinizer for the e-voting process.

Likely market impact

These are largely routine governance and compliance matters. The Cost Auditor appointment is standard regulatory practice and unlikely to move the stock. The Managing Director regularization via postal ballot confirms leadership continuity at the top, which is mildly positive for governance stability but not price-sensitive on its own.