The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vinod Dugar & PACs
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Promoter Vinod Dugar, along with PACs (Ankur Constructions Pvt Ltd, Somani Estate Pvt Ltd, Veekay Apartment Pvt Ltd), converted 62,50,000 share warrants into equity shares of RDB Real Estate Constructions Ltd pursuant to an allotment dated 09.02.2026. As a result, their combined holding rose from 60.67% to 70.02% of the total voting share capital — an increase of about 9.35 percentage points in voting rights. On a fully diluted basis, their holding stands at 74.90%, very close to the 75% takeover threshold. The company's equity share capital expanded from Rs. 20.06 crore (2,00,58,400 shares) to Rs. 26.31 crore (2,63,08,400 shares), with total diluted capital at Rs. 35.11 crore (3,51,13,400 shares).
Promoter group has significantly consolidated control, reducing public float and pushing voting rights close to the 75% regulatory ceiling on a diluted basis, which limits the scope for any future takeover and could impact minority shareholder influence.