Announced Fri, 29 Aug · 18:16 IST

This is to inform you that the Board of Directors at its meeting held today i.e. 29 August, 2025 has approved the allotment of 45,00,000 equity shares pursuant to conversion of share warrants ....

Warrants ConvertedFund Raising View source PDF

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Awaiting price reaction for this filing.

AI summary

RDB Infrastructure And Power Ltd informed BSE that its Board of Directors, at a meeting held on 29 August 2025, approved the allotment of 45,00,000 (forty-five lakh) equity shares. These shares are being issued pursuant to the conversion of share warrants that were previously issued by the company. The allotment reflects the exercise of the warrant holders' right to convert their warrants into fully paid-up equity shares. The company's paid-up share capital will increase as a result of this conversion. No fresh capital is being raised from the market; rather, existing warrants are being converted into equity shares.

Likely market impact

Shareholders should note a dilution in their shareholding proportional to the new shares issued, but the company is not raising new cash from this allotment. The conversion may have a mild short-term dilutive effect on earnings per share, though it strengthens the equity base.