RDB Infrastructure & Power Limited has announced significant leadership changes and business expansion plans following its board meeting held on April 09, 2026. The company has strengthened its management team with two key appointments while also approving the incorporation of a new subsidiary, as disclosed under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Key Leadership Appointments

The board has made two crucial appointments to strengthen the company's leadership structure based on recommendations from the Nomination and Remuneration Committee:

Mr. Vaidya's appointment as Managing Director is subject to approval at the General Meeting and designates him as Key Managerial Personnel of the company. Mr. Asopa's CFO appointment was recommended by both the Audit Committee and Nomination and Remuneration Committee, also designating him as Key Managerial Personnel.

Profile of New Managing Director

Mr. Shubham Vaidya brings substantial expertise in financial analysis and risk management to his new role. He holds a Bachelor of Commerce (Finance Honours) degree and is a CFA, currently nearing completion of all actuarial examinations. His professional experience spans over five years in investment management and pension consulting, working with UK-based pension schemes on Liability Driven Investment (LDI), risk management strategies, and pension scheme audits.

Vaidya has developed expertise in long-term asset allocation, institutional investment management, and financial governance. His experience extends to the wealth management sector, where he has supported clients in structuring and managing investment portfolios. He has also contributed to knowledge development through technical training sessions for associates and junior team members.

New Chief Financial Officer Background

Mr. Ramakant Asopa joins as CFO with over 14 years of extensive experience in finance, accounting, taxation, audit, fund management, project financing, stakeholder communication, and corporate compliance. As a Chartered Accountant (ICAI), he possesses significant expertise in handling income tax and GST litigation, including representing matters before tax authorities and managing scrutiny and assessment proceedings.

Asopa has held senior leadership positions, including Vice President – Accounts & Taxation at Alcove Realty. The board expressed confidence that his proven track record, technical proficiency, and leadership skills will significantly strengthen the company's financial management and compliance framework.

Business Expansion Initiative

The board also approved the incorporation of RDB Ergoflex LLP, marking the company's entry into the furniture manufacturing sector. The new venture will focus on providing comprehensive solutions for interior decoration needs, including home décor, office furniture, and institutional furniture.

The board meeting commenced at 3:30 PM and concluded at 4:03 PM on April 09, 2026. These strategic appointments and business expansion reflect the company's commitment to strengthening its leadership capabilities and diversifying its business portfolio through regulatory compliance and strategic growth initiatives.

RDB Infrastructure & Power Limited has announced the resignation of its Chief Financial Officer, marking a significant leadership change for the Kolkata-based infrastructure company. The resignation comes as the company continues its operations in the infrastructure and power sector.

Leadership Transition Details

Mr. Aman Sisodia has tendered his resignation from the position of Chief Financial Officer, effective from the closure of business hours on April 8, 2026. Sisodia, who also serves as the Company Secretary and Compliance Officer, was holding the CFO position on an interim basis while maintaining his primary responsibilities.

Regulatory Compliance and Disclosure

The company has fulfilled its regulatory obligations by filing the necessary disclosures under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notifications were submitted to both BSE Limited and The Calcutta Stock Exchange Limited, where the company's shares are listed.

The disclosure includes comprehensive information as required under Schedule III of the SEBI Listing Regulations, along with compliance to SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company has provided all mandatory details regarding the cessation of the CFO position.

Resignation Confirmation

In his formal resignation letter addressed to the Board of Directors, Sisodia confirmed that there are no other material reasons for his departure beyond those mentioned in his resignation communication. The resignation letter was submitted on April 8, 2026, providing the company with immediate notification of his decision to step down from the CFO role.

The company has acknowledged receipt of the resignation and will arrange to submit the necessary forms with the office of the Registrar of Companies. Sisodia will continue in his capacity as Company Secretary and Compliance Officer, ensuring continuity in the company's regulatory and compliance functions.

Company Background

RDB Infrastructure and Power Limited, formerly known as RDB Realty & Infrastructure Limited, operates from its registered office in Kolkata. The company is incorporated under the Companies Act with CIN L68100WB2006PLC110039 and maintains its corporate presence in the infrastructure and power sector.