Stock exchanges have been notified by RDB Infrastructure and Power Limited that its Board of Directors has authorized the subscription of a majority stake in Solar Agro-Parks Private Limited, a newly incorporated entity. At the board meeting on December 8, 2025, the decision was made.

As per the disclosure, RDB Infrastructure and Power will subscribe to 70% of the equity share capital of Solar Agro-Parks Private Limited. The target company was incorporated on December 31, 2025, with an authorised capital of Rs 10 lakh and a paid-up capital of Rs 1 lakh. Since the company has been newly formed, it does not yet have any operational turnover.
The proposed investment will be made entirely in cash. RDB Infrastructure and Power will acquire 7,000 equity shares of Rs 10 each, amounting to a total investment of Rs 70,000. Following this subscription, the company will hold a controlling 70% stake in Solar Agro-Parks Private Limited, making it a subsidiary.
The stock is now trading at Rs 70.45, which is extremely close to its 52-week high of Rs 71.50, which was reached on January 7, 2026. Given that the stock is less than 2% below the peak, this suggests significant upward momentum and ongoing buying demand.
Longer term, the stock has made a remarkable comeback from its 52-week low of Rs 35.00, which was reached on September 5, 2025. The stock has gone up by around 101% to its current price of Rs 70.45, practically doubling investor wealth in a matter of months.
Operating in the solar energy sector is Solar Agro-Parks Private Limited. With an emphasis on solar power projects, the acquisition is a component of RDB Infrastructure and Power's strategic objective to grow and diversify its business activities in the renewable energy sector. The action is consistent with the company's involvement in the renewable energy potential contract bidding process.
The company has made it clear that neither the promoter nor the promoter group have any interest in the target organization and thus the transaction does not qualify as a related-party transaction. This strategic move demonstrates RDB Infrastructure and Power's aim to increase its market share in the renewable energy industry.
Part of the RDB Group, RDB Infrastructure and Power Ltd. (previously known as RDB Realty & Infrastructure Ltd.) is an Indian real estate developer with headquarters in Kolkata that specializes in residential townships, integrated projects, and commercial buildings.
More From GoodReturns

New PAN Card Rules From April 1, 2026: How To Apply For New PAN Card Via Protean, E-Filing Portal?

LPG Gas Cylinder Prices Hiked Again From April 1; 19 KG LPG Gets Costlier By Rs 218; 14.2 KG LPG Unchanged

Gold Rate in India Rises Over Rs 37,000/24K in Three Days; Will Jump in Gold Price Today Continue on 31 March?

Gas Cylinder Booking Rules: 5 Things To Know For Your 14.2Kg, 19KG, 5KG, 10KG LPG Booking In April 2026

Gold Rate Today Continues Rally, 24K Jumps Over Rs 35000 in 2 Days; 22K & 18K Gold, Silver Prices in Delhi

Bank Holiday In April 2026: Banks To Be Closed For 14 Days; Good Friday, Baisakhi To Akshaya Tritiya

Gold Price Today Declines After 3-Day Surge; Check Latest 22K, 24K, 18K Gold & Silver Rates in Delhi on 2April

Gold Price Today, April 3: 22K, 24K Rates Jump Across Tanishq, Malabar, Kalyan & Joyalukkas & IBJA

5 New Shares On One Soon: Anil Agarwal's Vedanta Demerger To Take Place in April, Says Report

Fresh Drop in Gold Rate Today; Silver Stable: Latest 22K, 24K, 18K Gold & Silver Prices in Delhi on 30 March

Govt Approves PDS Kerosene Distribution in 21 States for 60 Days, Sets 5,000 L Storage Limit Amid LPG Crisis



Click it and Unblock the Notifications