RDB Infrastructure and Power Limited Secures Industrial Plot for Solar Cell Manufacturing at Nava Raipur

1 min read     Updated on 08 Apr 2026, 03:47 AM
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AI Summary

RDB Infrastructure and Power Limited, in consortium with Samvik Power Private Limited, has received a Notice of Award for industrial plot allotment at Nava Raipur Atal Nagar for solar cell manufacturing. The project involves approximately 36.46 acres of land with a total premium of ₹36,89,77,192 at ₹2,501 per square meter. The land will be allotted on a 90-year leasehold basis with lease rent revision every 30 years, and the lease agreement must be executed within 90 days from the award date.

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RDB Infrastructure & Power Limited has secured a significant industrial land allotment for solar cell manufacturing development. The company, in consortium with Samvik Power Private Limited, received the Notice of Award on 30th March, 2026 from Nava Raipur Atal Nagar Vikas Pradhikaran for establishing solar cell manufacturing and processing facilities.

Project Details and Specifications

The awarded project involves the allotment of Industrial Plot LII/IND/PCD/1 at Layer-II, Nava Raipur Atal Nagar, Raipur, Chhattisgarh. The development will focus on solar cell manufacturing, processing, and allied industry operations.

Parameter: Details
Project Area: Approx. 36.46 acres (1,47,531.864 sq. mt.)
Land Premium Rate: ₹2,501 per sq. mt.
Total Land Premium: ₹36,89,77,192
Location: Layer-II, Nava Raipur Atal Nagar, Raipur, Chhattisgarh
Awarding Authority: Nava Raipur Atal Nagar Vikas Pradhikaran

Lease Terms and Conditions

The land allotment comes with specific lease terms designed for long-term industrial development. The project operates under a domestic framework with clearly defined timelines and obligations.

Key Lease Features:

  • 90-year leasehold basis
  • Lease rent revision every 30 years
  • Lease agreement execution required within 90 days from Notice of Award date
  • Dedicated for solar cell manufacturing and processing activities

Financial and Regulatory Compliance

The total consideration for the land allotment amounts to ₹36,89,77,192 (Rupees Thirty-Six Crore Eighty-Nine Lakh Seventy-Seven Thousand One Hundred and Ninety-Two only). The company has confirmed that this transaction does not involve any related party interests, with no promoter or group company connections to the awarding entity.

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring full regulatory compliance and transparency for stakeholders.

Historical Stock Returns for RDB Real Estate Construct

1 Day5 Days1 Month6 Months1 Year5 Years
+2.84%+32.39%+21.09%-4.73%+160.73%+1,210.19%

What is the expected timeline and investment required for RDB Infrastructure to establish the solar cell manufacturing facilities on this 36-acre plot?

How will this solar manufacturing project position RDB Infrastructure to compete with existing players in India's rapidly growing solar equipment market?

What potential partnerships or technology agreements might RDB Infrastructure pursue to develop competitive solar cell manufacturing capabilities?

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RDB Infrastructure and Power Limited Appoints Aman Sisodia as Chief Financial Officer

1 min read     Updated on 15 Mar 2026, 09:28 PM
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AI Summary

RDB Infrastructure and Power Limited has appointed Mr. Aman Sisodia as Chief Financial Officer and Key Managerial Personnel effective 14th March, 2026. The Board of Directors approved the interim appointment based on the Nomination and Remuneration Committee's recommendation. Mr. Sisodia will retain his existing role as Company Secretary & Compliance Officer while taking on additional CFO responsibilities. He brings extensive experience across multiple industries including automobile, aviation, housing finance, and NBFC sectors, with strong expertise in law, compliance, and corporate restructuring.

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RDB Infrastructure & Power Limited has announced a key leadership appointment, naming Mr. Aman Sisodia as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) effective 14th March, 2026. The appointment represents a strategic move to strengthen the company's financial leadership while maintaining continuity in its compliance functions.

Board Approval and Regulatory Compliance

The Board of Directors approved the interim appointment at its meeting held on 14th March, 2026, acting on the recommendation of the Nomination and Remuneration Committee. The appointment has been made under Section 203 of the Companies Act, 2013 and complies with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Parameter: Details
Appointee: Mr. Aman Sisodia
Position: Chief Financial Officer and Key Managerial Personnel
Effective Date: 14th March, 2026
PAN: BGJPA4261R
Additional Role: Company Secretary & Compliance Officer

Dual Role Structure

Mr. Sisodia will continue in his existing capacity as Company Secretary & Compliance Officer while additionally assuming the responsibilities of CFO. This dual role arrangement allows the company to leverage his existing knowledge of the organization while ensuring seamless financial oversight and regulatory compliance.

Professional Background

Mr. Aman Sisodia brings extensive qualifications and experience to his expanded role:

  • Educational Qualifications: Law degree, postgraduate degree in commerce, and qualified Company Secretary
  • Industry Experience: Extensive career spanning automobile, aviation, housing finance, and Non-Banking Financial Company (NBFC) sectors
  • Core Expertise: Law, secretarial services, compliance, and corporate restructuring
  • Key Strengths: Strong attention to detail, commitment to legal and regulatory excellence, and proven track record in driving organizational success

Regulatory Disclosure

The company has fulfilled all disclosure requirements under Schedule III of the SEBI Listing Regulations, 2015, in accordance with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024. The appointment notification has been communicated to BSE Limited (Scrip Code: 533285) and The Calcutta Stock Exchange Limited (Scrip Code: 28393).

This leadership appointment reflects RDB Infrastructure and Power Limited's commitment to maintaining robust financial governance and regulatory compliance standards while positioning the company for continued operational excellence.

Historical Stock Returns for RDB Real Estate Construct

1 Day5 Days1 Month6 Months1 Year5 Years
+2.84%+32.39%+21.09%-4.73%+160.73%+1,210.19%
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