Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, the Board at its meeting held on Monday 23 june, 2025 considered and approved taking on lease space for warehousing, storing ....
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RDB Rasayans' board, at its meeting on June 23, 2025, approved taking a 1,500 sq ft space on lease in the DPL Washing Zone at B.T. Road, Kamarhati, Kolkata, for warehousing, storing, and manufacturing of its materials. A lease deed was executed the same day. The monthly licence fee is Rs. 24,000 plus applicable GST. The counterparty is NTCL Real Estate Private Limited, which is a related party (common promoter/promoter group), and the transaction has been carried out at arm's length and in the ordinary course of business.
This is a small, routine operational expansion with negligible financial impact on the company. Shareholders should note it is a related-party transaction, though the company confirms it was done at arm's length.