The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vinod Dugar
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Vinod Dugar, a promoter of RDB Real Estate Constructions Ltd, acquired 14,00,000 share warrants (convertible into equity shares) through a preferential issue on 13th August 2025. These warrants represent 5.35% of the company's total diluted share capital. Following this acquisition, his total holding (including warrants upon conversion) stands at 34,71,523 shares, which is 13.27% of the total diluted share capital. Before the acquisition, he held 20,71,523 shares representing 11.99% of the pre-acquisition share capital. The disclosure was filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011, as the change in voting rights exceeded the 2% threshold. The equity share capital of the company remains unchanged at Rs. 17.28 crore (1,72,83,400 shares), while the diluted share capital post-acquisition stands at Rs. 26.16 crore (2,61,63,400 shares including outstanding warrants).
This is a positive signal as the promoter is personally increasing his stake via preferential allotment, which demonstrates confidence in the company's prospects. Existing shareholders may see warrant-based dilution of equity over time, but the promoter's higher commitment generally supports the stock sentiment in the near term.