Dalal Street Alert: This Infra Stock Eyes NSE Listing; What Investors Should Know?

Stock exchanges have been notified by RDB Infrastructure and Power Limited that its Board of Directors will convene on Tuesday, February 3, 2026, to deliberate on a significant strategic proposal concerning the company's equity shares. The board will consider maybe accept a proposal to list the company's equity shares directly on the National Stock Exchange of India Limited (NSE).

Currently, the company's shares are listed on the BSE Limited and The Calcutta Stock Exchange Limited. If authorized, a direct listing on the NSE would be an important turning point for the company as it will boost its visibility and liquidity among a wider investor base while additionally strengthening its position on the largest stock exchange in India.

"Further, in continuation to our disclosure made on Closure of Trading Window dated 24th December, 2025 pursuant to the provisions of the SEBI (Prohibition of Insider Trading) Regulation, 2015 and the Company's Internal Code of Conduct for Prohibition of Insider Trading, we would like to inform that the trading window for dealing in the shares of the Company has already been closed for all the designated persons of the Company and their immediate relatives, from Thursday, 1st January, 2026 till 48 hours after the disclosure of the un-audited Financial Results of the Company to the Stock Exchange," said RDB Infrastructure in a stock exchange filing.

The results of a circular resolution that RDB Infrastructure and Power Limited's Board of Directors passed on January 20, 2026, were recently disclosed on a BSE filing. Following the conversion of previously issued warrants on a preferential basis to the non-promoter category, the board authorized the allotment of equity shares.

According to the announcement, 5,00,000 warrants have been converted for an equal number of equity shares, each with a face value of Re. 1. After the balance of consideration of Rs 1.51 crore-calculated at Rs 40.5 per warrant, or 75% of the issue price-was received, the conversion was completed. The warrants were originally allotted in November 2024, with 25 per cent of the issue price collected at the time of allotment and the remaining amount payable at the time of conversion.

The allotment has been made to a single non-promoter investor, Punam Sarogi, who exercised her right to convert the entire 5,00,000 warrants held by her into equity shares. Following this conversion, no warrants remain pending for conversion under this tranche. Consequent to the allotment, the issued and paid-up equity share capital of RDB Infrastructure and Power Limited has increased to Rs 20.43 crore, comprising 20.43 crore equity shares of Re. 1 each.

Based in Kolkata, RDB Infrastructure and Power Limited (previously RDB Realty & Infrastructure Limited) is a multifaceted company that specializes in solar power generation, runway and airport building, and real estate development.