Board of RDB Group Realty Stock Approves Warrant Conversion Worth Rs 1.52 Cr Post 10:1 Stock Split

An Indian real estate firm that is a member of the RDB Group is RDB Infrastructure and Power Ltd, formerly known as RDB Realty & Infrastructure Limited. The stock is under the attention of the market watchers after RDB Infrastructure and Power Limited authorized the issuance of 5,00,000 equity shares by converting an equivalent number of warrants in a circular resolution issued by its Board of Directors during Q1FY26.

At an issue price of Rs 40.50 per warrant, plus a premium of Rs 39.50, these warrants were initially offered preferentially to Ms. Pallavi Moryani, a non-promoter investor. After the remaining sum of Rs 1.51 crore, or 75% of the issue price, was received, the conversion was completed.

The firm now has Rs 19.81 crore in issued and paid-up share capital, which includes 19,81,34,000 equity shares of Rs 1 each. Following a stock split in February 2025, in which each Rs 10 equity share was split into 10 shares of Rs 1 each, the corporation made this conversion.

A 10:1 split of the shares of RDB Infrastructure and Power Ltd. (RDBRIL) occurred in February 2025 when the face value of the shares was lowered from Rs 10 to Rs 1. This indicates that for every share they previously had, current owners acquired 10 shares at a price of Rs 1. February 28, 2025 was the split's record date.

"Company had undertaken a sub-division (split) of its equity shares, wherein 1 (one) equity share of face value of Rs. 10.00/- (Rupees Ten only) each, fully paid-up, was sub-divided into 10 (ten) equity shares of face value of Re. 1.00/- (Rupee One only) each, fully paid-up with effect from 28th February, 2025 i.e. record date for the said sub-division. Accordingly, the number of share warrants are increased and issue price of such warrants divided by 10 times," said RDB Infrastructure and Power in a stock exchange filing.

As part of its strategic plan, RDB Infrastructure and Power Limited recently approved the formation of a new company, Naar Projects Private Limited, a Special Purpose Vehicle (SPV) for one of its projects. This move, approved by the company's Board of Directors, substantially consolidates RDB Infrastructure's position in the real estate domain.

In order to amend the provisions of their previous Memorandum of Understanding (MoU) dated September 22, 2025, RDB Infrastructure and Power Limited (previously RDB Realty & Infrastructure Limited) has announced that it has signed an Addendum to the MoU with Stargen Power Private Limited. The deal relates to the development of solar power installations totalling 52 MW (AC) and 65 MW (DC) at five locations close to Nagpur, Maharashtra.

The extended project scope and cost modifications under the amended clauses have resulted in an increase in the overall EPC contract value from Rs 225 crore to Rs 276 crore. The project highlights RDB Infrastructure's expanding footprint in the renewable energy industry and will be completed within a year of all sites being commissioned. The company affirmed that there is no related-party interest or promoter participation in this transaction and that it is a domestic contract.

On November 10, 2025, RDB Infrastructure and Power Limited and NRG Renewable Resources Private Limited signed a Memorandum of Understanding (MoU) for the implementation of solar power projects totaling 51 MW (AC) and 65 MW (DC) over six sites close to Nagpur, Maharashtra. The company's development into renewable energy has reached a major milestone with the overall EPC contract value of Rs 277 crore.

RDB Realty & Infrastructure Ltd. reported net sales of Rs 18.50 crore for the second quarter of FY26 compared to Rs 32.49 crore in Q2FY25. The company also reported a net profit of Rs 3.05 crore, up from Rs 1.71 crore in Q2FY25. For H1 FY26, the company's half-yearly performance was Rs 86.05 crore in net sales and Rs 5.77 crore in net profit.

A member of the RDB Group, RDB Realty & Infrastructure Ltd. (now RDB Infrastructure and Power Limited) is a real estate firm with its headquarters in Kolkata, India. The company engages in construction, real estate development, and associated endeavors.