Key Highlights
- Around 54 lakh equity shares of RDB Infrastructure And Power changed hands on stock exchanges on January 14, as compared to its one month average trading volume of 18 lakh shares.
- Last month, the company informed that its Board of Directors approved the proposal to subscribe to 70% of the equity share capital of Solar Agro-Parks Private Limited, which was incorporated on 31st December, 2025.
- “The acquisition has been undertaken as part of the Company’s strategic initiative to expand and diversify its business operations in the renewable energy sector, with specific focus on solar energy pursuant to the tender bidding process,” RDB Infrastructure And Power had said in a regulatory filing.
- RDB Infrastructure will subscribe to 7,000 equity shares of ₹10 each aggregating to ₹70,000.
- The company will hold 70% of equity shares in the proposed company.
