RDB Infrastructure inventory cut up: RDB Infrastructure and Energy Ltd, beforehand often known as RDB Realty & Infrastructure Ltd, has revealed plans for a inventory cut up. The RDB Infrastructure inventory cut up has been authorized and licensed by the corporate’s members with the mandatory majority on Friday, January 24, 2025, in response to the submitting with the trade.
Based mostly in Kolkata, the corporate has a nationwide presence supported by satisfactory infrastructure, workforce, and monetary sources. At present, the corporate holds a robust place in numerous quickly rising cities, together with New Delhi, Mumbai, Hyderabad, Jaipur, Jodhpur, Bikaner, Surat, Chennai, Guwahati, Madhya.
RDB Infrastructure and Energy share value immediately was buying and selling practically 2% decrease at ₹537 apiece on the BSE. RDB Infrastructure shares have rallied 2500% within the span of 5 years turning right into a multibagger inventory. RDB Infrastructure and Energy has seen a formidable share value enhance of 437.21% over the previous yr, considerably outpacing its sector, which solely noticed a rise of 10.37%, as per trendlyne knowledge.
RDB Infrastructure inventory cut up
RDB Infrastructure’s board authorized a sub-division or cut up of current fairness share of the corporate from 1 (one) fairness share having face worth of ₹10 every, absolutely paid-up into 10 (ten) fairness shares having face worth of Re 1 every absolutely paid up, topic to approval of shareholders of the corporate.
“Sub-division / cut up of current 1 (One) fairness share of face worth of ₹10/- (Rupees Ten Solely) every absolutely paid-up, into 10 (Ten) fairness shares of face worth of Re 1/- (Rupee One Solely) every absolutely paid-up,” the corporate stated in an trade submitting.
Put up-Sub-division
The corporate has indicated that the anticipated time-frame for the completion of the inventory cut up can be between 2 to three months following the approval from the members. As soon as the sub-division is finalized, the licensed share capital will quantity to ₹27,00,00,000 (Rupees Twenty-Seven Crores), which can be divided into 27,00,00,000 (Twenty-Seven Crores) fairness shares, every with a worth of Re 1 (Rupee One solely).
RDB Infrastructure inventory cut up Document date
The corporate talked about in December that the file date for the Sub-division/Inventory Cut up of fairness shares can be decided after securing the approval of Members by way of the postal poll e-voting course of. This current approval signifies that the file dates at the moment are awaited and can be communicated sooner or later.
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