
Shares of construction company RDB Infrastructure will be in focus as the market opens on Monday as the board of directors of the company has approved the allotment of 2.48 crore warrants in to equal number of equity shares with face value of Re 1 each at the rate of Rs 40.5 each. The allotment has been approved on preferential basis upon receipt of balance amount aggregating to Rs 75.33 crore. ... upon receipt of balance amount aggregating to Rs. 753300000/- (Rupees Seventy-Five Crore Thirty-Three Lakh only) at the rate of Rs. 40.5/- (Rupees Forty and Pasie Five only) per warrant being 75% of the issue price of the warrant from the allottee pursuant to the exercise of their rights of conversion into equity shares the company said in the exchange filing. Earlier the company reported a net profit of Rs 1.16 crore in the January - March quarter of the financial year 2025 as against net loss of Rs 0.09 crore during the previous quarter ended March 2024. The sales of the company declined 44.27 per cent to Rs 20.34 crore in the quarter under consideration as against Rs 36.50 crore during the same quarter an year ago. For the full year company’s net profit rose 105.19 per cent to Rs 5.54 crore in the year ended March 2025 as against Rs 2.70 crore during the previous year ended March 2024. Earlier on Friday benchmark equity indices surged with the Sensex climbing 746.95 points and Nifty reclaiming the 25000 -level after the RBI cut interest rates by more-than-expected 50 basis points -- a third consecutive reduction -- and reduced the cash reserve ratio for banks to provide a major liquidity fillip to support the economy amid geopolitical and tariff headwinds. Recovering all the early lost ground the 30-share BSE Sensex jumped 746.95 points or 0.92 per cent to settle at 82188.99. During the day it surged 857.85 points or 1.05 per cent to 82299.89.
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