RDB Infrastructure Promoter Summoned by Enforcement Directorate Over Gurgaon Land Deal

1 min read     Updated on 14 Oct 2025, 06:09 PM
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Reviewed by
Naman SharmaScanX News Team
Overview

RDB Infrastructure & Power Limited's promoter received a summons from the Enforcement Directorate on October 14, 2025, regarding an investigation into a 2.8375-acre land acquisition in Gurgaon under the Prevention of Money Laundering Act, 2002. The company has disclosed this information to stock exchanges, stating there is no immediate financial or operational impact. The summons requires the promoter to provide evidence and documents related to the ongoing investigation.

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RDB Infrastructure & Power Limited , a prominent player in the infrastructure sector, has disclosed that its promoter received a summons from the Directorate of Enforcement (ED) on October 14, 2025. This development has brought the company under regulatory scrutiny, although the firm maintains that there is no immediate financial or operational impact.

Key Details of the Summons

The summons, issued by the Assistant Director of the Enforcement Directorate in Gurugram, requires the promoter to provide evidence and documents related to an ongoing investigation. The probe is being conducted under the Prevention of Money Laundering Act, 2002, and focuses on the acquisition of a 2.8375-acre land parcel in Sector-70A, Village Palra, Gurgaon.

Regulatory Compliance and Disclosure

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, RDB Infrastructure & Power promptly informed the stock exchanges about this development. The company's disclosure provides transparency to its shareholders and the market at large.

Details of the Summons

Aspect Information
Issuing Authority Assistant Director, Directorate of Enforcement, Ministry of Finance, Gurugram
Nature of Action Summons issued to Company Promoter
Date of Receipt October 14, 2025
Investigation Focus Acquisition of 2.8375-acre land in Sector-70A, Village Palra, Gurgaon
Applicable Law Prevention of Money Laundering Act, 2002
Financial Impact Not Applicable, as per company statement

Company's Stance

RDB Infrastructure & Power Limited has stated that this development does not have any financial or operational impact on the company. However, the ongoing investigation and the requirement for the promoter to provide evidence could potentially lead to further scrutiny of the company's land acquisition practices.

Market Implications

While the company asserts no immediate impact, investors and market watchers will likely keep a close eye on any developments related to this investigation. The outcome of this probe could have potential implications for the company's reputation and future land acquisition strategies.

As the situation unfolds, stakeholders will be keen to see how RDB Infrastructure & Power navigates this regulatory challenge and whether it will affect the company's operations or market position in the long term.

Historical Stock Returns for RDB Infrastructure & Power

1 Day5 Days1 Month6 Months1 Year5 Years
+5.47%+1.12%+6.29%-14.98%-14.81%+3,173.97%
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RDB Infrastructure and Power Faces ED Probe Over Gurgaon Land Acquisition

1 min read     Updated on 01 Oct 2025, 11:51 PM
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Reviewed by
Suketu GalaScanX News Team
Overview

RDB Infrastructure & Power Limited has been summoned by the Directorate of Enforcement (ED) regarding a land acquisition investigation. The company's Managing Director is required to appear before the ED and provide evidence related to the acquisition of a 2.8375-acre land parcel in Gurgaon. The summons is part of a probe under the Prevention of Money Laundering Act, 2002. The company has disclosed this information in a regulatory filing to comply with SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

RDB Infrastructure & Power Limited, a company listed on the BSE and Calcutta Stock Exchange, has been summoned by the Directorate of Enforcement (ED) in connection with a land acquisition investigation. The company disclosed this development in a regulatory filing, shedding light on a probe under the Prevention of Money Laundering Act, 2002.

ED Summons Details

The summons, dated October 1, 2025, requires the Managing Director of RDB Infrastructure and Power to appear before the ED. The company is expected to provide evidence and produce documents related to the acquisition of a 2.8375-acre land parcel located in Sector-70A, Village Palra, Gurgaon.

Regulatory Compliance

In adherence to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, RDB Infrastructure and Power promptly informed the stock exchanges about this development. The disclosure was made to both BSE Limited and the Calcutta Stock Exchange Limited.

Company's Response

Aman Sisodia, the Company Secretary & Compliance Officer of RDB Infrastructure and Power Limited, signed the regulatory filing. The company stated that this information was being shared for the records of the stock exchanges and their stakeholders.

Implications and Next Steps

While the summons does not imply any wrongdoing, it indicates that the ED is scrutinizing the land acquisition deal as part of its investigation under the Prevention of Money Laundering Act. The outcome of this probe and its potential impact on RDB Infrastructure and Power Limited remain to be seen.

Investors and stakeholders will likely be watching closely for any further developments or disclosures from the company regarding this matter. As the investigation unfolds, it may have implications for the company's operations and reputation in the real estate and infrastructure sectors.

RDB Infrastructure and Power Limited, formerly known as RDB Realty & Infrastructure Limited, will need to cooperate fully with the ED's investigation while managing its ongoing business operations and maintaining transparency with its shareholders.

Historical Stock Returns for RDB Infrastructure & Power

1 Day5 Days1 Month6 Months1 Year5 Years
+5.47%+1.12%+6.29%-14.98%-14.81%+3,173.97%
RDB Infrastructure & Power
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