Shares of RDB Infrastructure and Power Ltd opened with a 4.54% jump to ₹69.82 against the previous close of ₹66.79 on the BSE following the board meeting announcement. However, the stock fell amid profit booking and market volatility, with last trading at ₹65.52, representing a 1.90% decline. The company's market capitalization stood at ₹1,335.85 crore during the trading session. According to market analysis, the stock is currently trading above the 50-day, 100-day and 200-day moving averages but below the 5-day and 20-day moving averages. The BSE has placed the stock under the Short Term Additional Surveillance Measure Stage 3 (ST ASM-3) framework.
RDB Infrastructure and Power announced that its board will consider a proposal to list company shares on the National Stock Exchange (NSE) during a board meeting scheduled for February 3, Tuesday. The company is currently listed on the BSE and the upcoming board meeting will decide on the NSE listing proposal. The renewable energy player has recently announced its strategic entry into the solar energy sector through the acquisition of a majority 70 per cent stake in Solar Agro-Parks Private Limited, which represents RDB Group's expansion into the renewable energy segment.
The renewable energy player has recently announced its strategic entry into the solar energy sector through the acquisition of a majority 70 per cent stake in Solar Agro-Parks Private Limited. As reported by PTI, this strategic move represents RDB Group's expansion into the renewable energy segment, diversifying its portfolio beyond its existing operations across packaging, power and telecom transmission equipment, retail, logistics, and real estate. The company reported net sales of ₹86.05 crore and net profit of ₹5.77 crore in the first half of 2025-26, according to PTI.
According to the latest exchange filing, RDB Infrastructure and Power's board of directors has approved the proposal to subscribe for 70% of the equity share capital of Solar Agro-Parks Private Limited, a company operating in the solar energy sector. Under the deal, the company will subscribe for 7,000 equity shares with a face value of ₹10 each, for a total cost of ₹70,000. Following this investment, the company will have a 70% stake and control in the proposed entity. Solar Agro-Parks Private Limited was incorporated on December 31, 2025, with an authorised capital of ₹10 lakh and paid-up capital of ₹1 lakh. The acquisition represents RDB Group's continued diversification strategy in the renewable energy sector, with the company stating that the move is part of its strategy to expand and diversify its business in renewable energy, especially solar energy.
RDB Group reported net sales of ₹86.05 crore and net profit of ₹5.77 crore in the first half of 2025-26, according to PTI. The company's financial results demonstrate its operational performance during the reporting period, though specific growth comparisons were not detailed in the available data. The strategic solar energy expansion through the Solar Agro-Parks acquisition represents RDB Group's continued diversification strategy in the renewable energy sector.
RDB Group operates as a diversified enterprise with an established presence across multiple sectors including packaging, power and telecom transmission equipment, retail, logistics, and real estate. The company's strategic expansion into solar energy through the Solar Agro-Parks acquisition represents its continued diversification strategy in the renewable energy sector. The board meeting scheduled for February 3, Tuesday, will decide on the NSE listing proposal, which could provide additional capital for the company's renewable energy expansion plans.
