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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
RDB Real Estate Constructions has submitted the Monitoring Agency Report from Brickworks Ratings for the quarter ended 30 September 2025, confirming no deviation in the use of proceeds from its preferential allotment of warrants. The total issue size is Rs 156.70 crore, but only Rs 38.85 crore had been received by 30 September 2025 against 1,78,30,000 warrants allotted (one allottee did not subscribe to 1,50,000 warrants). Of the amount received, Rs 36.87 crore has been used to repay intra-group debt of the company and its subsidiaries, Rs 1.98 crore for general corporate purposes (including Rs 1.35 crore paid as consultancy fees to group company Gupta Infrastructures India Ltd and Rs 0.63 crore for working capital), and nothing yet toward land purchase. The unutilized amount of Rs 116.54 crore represents funds yet to be received from warrant holders. The cost of objects was revised upward from Rs 64.73 crore to Rs 155.39 crore due to a higher warrant issue price and the non-subscription by one allottee.
This is a routine regulatory compliance filing and is broadly neutral for shareholders. It confirms funds are being used as stated, though the substantial revision in issue size and the fact that over 74% of the proposed issue proceeds are still pending receipt mean shareholders should watch for further updates on fund raising and actual deployment.