This is to inform you that Board of Directors at its meeting held today i.e., 09 April, 2026 has approved the incorporation of RDB Ergoflex LLP ("Proposed LLP") and the Company''s contribution ....
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RDB Infrastructure and Power Ltd's Board meeting on April 9, 2026 approved three key decisions. First, Mr. Shubham Vaidya was appointed as Managing Director for 3 years; he is a CFA with 5+ years of experience in investment management and pension consulting. Second, Mr. Ramakant Asopa was appointed as Chief Financial Officer; he is a Chartered Accountant with 14+ years of experience in finance, taxation and corporate compliance. Third, the company approved incorporation of a new subsidiary, RDB Ergoflex LLP, to enter the furniture manufacturing business (home décor, office and institutional furniture). The company will hold 51% controlling stake by contributing Rs. 51 lakh of the Rs. 1 crore total capital.
The appointment of qualified new leadership may boost investor confidence, while the new subsidiary diversifies the company into furniture manufacturing, potentially opening new revenue streams.