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RDB Infra & Power allots 2.48 cr shares via warrant conversion
short by / on Tuesday, 10 June, 2025
RDB Infrastructure and Power, a leading Indian real estate and solar services company, has boosted its equity share capital to ₹19.76 crore. They did this by converting 2.48 crore warrants into equity shares via a preferential allotment to 16 investors. The conversion, at ₹40.5 per share, including a ₹39.5 premium, generated ₹75.33 crore for the company.