The Board of Directors at its meeting held today i.e., 09 April, 2026 has interalia considered and approved the appointment of Mr. Shubham Vaidya as Managing Director, Mr. Ramakant Asopa ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
RDB Infrastructure and Power Ltd's Board of Directors met on April 9, 2026 and approved three key decisions. First, Mr. Shubham Vaidya was appointed as Managing Director for 3 years (subject to shareholder approval). Vaidya is a CFA with over 5 years of experience in UK investment management and pension consulting. Second, Mr. Ramakant Asopa was appointed as Chief Financial Officer. Asopa is a Chartered Accountant with 14+ years of experience in finance, taxation, and corporate compliance. Third, the company approved incorporation of a new subsidiary called RDB Ergoflex LLP, in which it will hold 51% controlling interest with Rs. 1 crore capital contribution. The new LLP will operate in furniture manufacturing for interior decoration, home décor, and office furniture.
The appointment of a new MD and CFO suggests leadership refreshment with qualified professionals. The new subsidiary signals diversification into furniture manufacturing, a new business vertical for the company.