RDB Real Estate Construct Limited has seen a significant change in its shareholding structure following a preferential issue of share warrants to promoters and non-promoters. The company has allotted 89,50,000 share warrants convertible into equity shares on a preferential basis.

Key Highlights of the Allotment

• Warrant Price: Rs 87.15 per share (Face value: Rs 10.00, Premium: Rs 77.15)
• Total Consideration: Rs 1,56,69,57,000.00
• Initial Payment: 25% of the consideration (Rs 19,49,98,126.00) received from allottees
• Conversion Period: Within 18 months from the allotment date

Previous Allotment

• Part of a larger issuance of 1,79,80,000 warrants approved by shareholders
• 88,80,000 warrants already allotted on August 13, 2025

Price Adjustment

• Initial proposed price: Rs 36.00 per share
• Adjusted price: Rs 87.15 per share
• Reason: Re-computed based on regulatory requirements after the company completed 90 trading days on BSE

Impact on Company's Share Capital

The preferential issue has had a significant impact on RDB Real Estate Constructions' share capital structure:

This represents a potential increase of 51.38% in the number of outstanding shares upon full conversion of the warrants.

Implications for Investors

This preferential allotment of share warrants to promoters and non-promoters could be seen as a sign of confidence in the company's future prospects. However, it also represents a significant potential dilution for existing shareholders if all warrants are converted into equity shares.

Investors should note that while the equity share capital currently remains unchanged at Rs 17,28,34,000.00, the total diluted share capital after the acquisitions stands at Rs 26,16,34,000.00. This change in capital structure could have implications for earnings per share and other per-share metrics in the future.

As always, investors are advised to conduct their own research and consider the potential impacts of such corporate actions on their investment decisions.

RDB Real Estate Construct , a prominent player in the real estate sector, has successfully completed its voluntary delisting from the Calcutta Stock Exchange (CSE). The delisting, which took effect on August 5, 2025, marks a significant change in the company's trading status.

Delisting Details

The voluntary delisting was approved under the Securities and Exchange Board of India (De-listing of Equity Shares) Regulations, 2021. The Calcutta Stock Exchange issued the delisting order on August 4, 2025, with the reference number CSE/LD/DL/16888/2025.

Continued Listing on BSE

While RDB Real Estate Constructions Limited has delisted from the CSE, it will continue to maintain its presence on the BSE Stock Exchange, which offers a nation-wide trading terminal. This move ensures that investors can still trade the company's shares on a major national platform.

Stock Codes

For reference, the company's scrip codes are as follows:

Company's Statement

In a disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company stated that it would upload the delisting order on its website, ensuring transparency for all stakeholders.

Management Commentary

Surabhi Kumari Gupta, Company Secretary & Compliance Officer of RDB Real Estate Constructions Limited, signed the official communication regarding the delisting, emphasizing the company's commitment to keeping investors and regulatory bodies informed about this significant development.

This strategic move by RDB Real Estate Constructions Limited to delist from the Calcutta Stock Exchange while maintaining its presence on the BSE demonstrates the company's evolving approach to its market presence and investor relations. Shareholders and potential investors are advised to take note of this change in the company's listing status.