Notice of 23rd AGM to be held on 23.09.2025.
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Awaiting price reaction for this filing.
RDB Real Estate Constructions Ltd has sent out the notice for its 7th AGM scheduled for Tuesday, 23rd September 2025 at 11:30 AM, to be conducted via video conferencing. The meeting will consider adoption of audited standalone and consolidated financial statements for FY25, along with re-appointment of Whole-Time Director Pradeep Kumar Pugalia (retiring by rotation). Key FY25 figures highlighted: Standalone net profit rose to Rs. 170.22 lakhs from Rs. 145.55 lakhs, but standalone revenue dipped slightly to Rs. 2,631.79 lakhs from Rs. 2,775.80 lakhs. Consolidated revenue nearly doubled to Rs. 9,715.99 lakhs from Rs. 5,075.17 lakhs, while consolidated net profit fell sharply to Rs. 187.17 lakhs from Rs. 1,718.07 lakhs. Special business includes appointing Ms. Prachi Todi as Secretarial Auditor for 5 years (FY26-FY30), seeking shareholder approval to raise borrowing limits up to Rs. 750 crore, and approving material related party transactions with RDB Bhopal Hospitality Pvt Ltd (up to Rs. 40 crore) and RDB Anekant LLP (up to Rs. 25 crore). Note: BSE headline referred to it as the 23rd AGM, but the actual notice calls it the 7th AGM (the company went public via NCLT scheme in 2025).
This is a procedural AGM notice and is unlikely to move the stock on its own. However, investors should note the sharp drop in consolidated net profit despite nearly doubled consolidated revenue, as well as the sizeable Rs. 750 crore borrowing authority and related party transactions with group entities (Rs. 65 crore combined) that require shareholder approval.