This is to inform you that Board of Directors at its meeting held today i.e., 09 April, 2026 has approved the appointment of Mr. Shubham Vaidya as Managing Director and Mr. Ramakant Asopa ....
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RDB Infrastructure and Power Ltd's Board meeting on April 9, 2026 approved three key items: (1) Appointment of Mr. Shubham Vaidya as Managing Director for 3 years; he is a CFA with 5+ years experience in UK pension consulting and investment management. (2) Appointment of Mr. Ramakant Asopa as CFO; he is a Chartered Accountant with 14 years experience including senior roles at Alcove Realty. (3) Incorporation of new subsidiary RDB Ergoflex LLP in which the company will hold 51% stake for Rs 1 crore; the LLP will engage in furniture manufacturing and interior decoration business.
The new MD brings international financial expertise which could strengthen corporate governance, while the new CFO's tax and compliance experience may improve financial controls. The new subsidiary marks entry into the furniture manufacturing sector, representing a diversification from core infrastructure business.