RDB Infrastructure & Power Limited , a company in the infrastructure sector, has announced a significant change in its top management. Amit Kumar Goyal, who held the dual role of Managing Director and Chief Financial Officer (CFO), has tendered his resignation, effective from the close of business hours on December 10, 2025.

Resignation Details

Mr. Goyal, who served the company with the Director Identification Number (DIN) 05292585, cited health issues as the primary reason for his departure. This move marks a notable shift in the company's leadership structure.

Impact on Board Committees

Following Mr. Goyal's resignation, RDB Infrastructure & Power has undertaken a reorganization of its key committees. The changes affect the following committees:

1. Audit Committee
2. Stakeholders Relationship Committee
3. Corporate Social Responsibility Committee

New Committee Member

To fill the gap left by Mr. Goyal's departure, the company has inducted Rajeev Kumar, a Whole Time Director, into the aforementioned committees. This change is set to take effect from December 10, 2025, coinciding with Mr. Goyal's last day in office.

Company's Response

The company has acted swiftly to ensure a smooth transition in its governance structure. The reconstitution of the committees demonstrates RDB Infrastructure & Power's commitment to maintaining strong corporate governance practices despite the unexpected change in leadership.

While the departure of a key figure like the Managing Director and CFO can often lead to uncertainty, RDB Infrastructure & Power's prompt action in reorganizing its committees suggests a focus on continuity and stability in its operations and decision-making processes.

Investors and stakeholders will likely be watching closely to see how this change in leadership might influence the company's strategic direction and financial management in the coming months.

RDB Infrastructure & Power Limited has reported that its Chairperson, Rajeev Kumar, violated insider trading regulations, resulting in penalties imposed by the company's Audit Committee. The infractions occurred during trading window closure periods in September and December 2024.

Violation Details

The company disclosed that Kumar executed unauthorized trades during periods when trading was restricted. Specifically:

• A sale of 1,000 equity shares on September 12, 2024
• A sale of 8 equity shares and purchase of 349 equity shares on December 4, 2024

These transactions were carried out during the trading window closure period, which is a clear violation of insider trading regulations.

Penalties Imposed

The Audit Committee of RDB Infrastructure & Power Limited has taken the following actions in response to the violations:

1. Disgorgement of profits: Kumar has been directed to disgorge profits amounting to Rs. 215.92 from the unauthorized trades.
2. Additional penalty: A sum of Rs. 25,000 is to be deposited to SEBI's Investor Protection Fund.
3. Total remittance: The combined amount of Rs. 25,215.92 has already been remitted by Kumar.

Company's Response

In addition to the financial penalties, RDB Infrastructure & Power Limited has taken the following steps:

1. Issued a written advisory to Rajeev Kumar, emphasizing strict compliance with SEBI regulations and the company's Code of Conduct.
2. Planned an awareness and compliance training session for all Designated Persons to reinforce understanding of trading restrictions and disclosure obligations.

Implications

This incident highlights the importance of adherence to insider trading regulations, even for high-ranking executives. It also demonstrates the company's commitment to maintaining transparency and regulatory compliance.

Investors and market watchers may view the company's prompt action and disclosure positively, as it reflects a proactive approach to addressing compliance issues. However, the incident may raise questions about internal controls and the need for stricter monitoring of executive trading activities.