RDB Infrastructure Secures ₹17.08 Crore On Conversion Of Warrants Into Equity

RDB Infrastructure and Power Limited has completed the conversion of 56,25,000 warrants into an equal number of equity shares under a preferential allotment to a non-promoter investor. The allotment was approved through a circular resolution dated 25 February 2026. 

Warrant Conversion And Capital Infusion 

The warrants were converted at an issue price of ₹40.5 per share, which includes a premium of ₹39.5 over the ₹1 face value. Upon conversion, the company received ₹17,08,59,375 representing 75% of the issue price, with the remaining 25% having been paid at the time of original allotment in November 2024. 

All 56,25,000 shares were allotted to M/s Sarwamangala Capital, and no warrants remain pending for conversion. 

Revised Capital Structure 

Following the allotment, the company’s issued and paid-up equity share capital stands at ₹21,00,09,000, comprising 21,00,09,000 equity shares of ₹1 each. The newly issued shares rank pari passu with the existing equity shares. 

The company had earlier undertaken a share split, subdividing shares of ₹10 each into ₹1 shares, with the record date set as 28 February 2025. 

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RDB Infrastructure and Power Share Price Performance  

As of 26 February 2026, at AM, RDB Infrastructure and Power Ltd share price is trading at ₹49.31 per share, reflecting a surge of 0.04% from the previous closing price. Over the past month, the stock has declined by 24.87%. 

Conclusion 

With the full conversion of 56,25,000 warrants, RDB Infrastructure has strengthened its equity base and concluded the preferential allotment cycle initiated in November 2024. 

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