Solar company-RDB Infrastructure & Power to meet on February 03 to consider and approve listing on National Stock Exchange

DSIJ Intelligence-1 / 29 Jan 2026 / Categories: Multibaggers, Trending

Solar company-RDB Infrastructure & Power to meet on February 03 to consider and approve listing on National Stock Exchange

The stock is up by 91 per cent from its 52-week low of Rs 35 per share and has given multibagger returns of 4,155 per cent in 5 years.

RDB Infrastructure and Power Ltd (BSE: 533288) has scheduled a Board of Directors meeting for February 3, 2026, to formally consider and approve a proposal for listing the company’s equity shares on the National Stock Exchange (NSE). Currently traded on the Bombay Stock Exchange with a market capitalisation of approximately Rs 1,323 crore, the company’s shares closed at Rs 66.79 on January 27. This move toward a dual listing follows a recent capital expansion, including the allotment of 500,000 equity shares following the conversion of warrants, which brought the total paid-up equity share capital to Rs 20.44 crore.

The company is currently undergoing a significant strategic pivot toward the renewable energy sector, underscored by its recent acquisition of a 70 per cent stake in Solar Agro-Parks Private Limited. Approved on January 6, 2026, this majority stake acquisition is intended to position RDB Infrastructure to participate more actively in solar energy tender bidding processes. This shift builds upon a broader transformation that began in late 2024 following a demerger and rebranding, refocusing the firm’s efforts on infrastructure development and green power generation.

Financially, RDB Infrastructure has maintained steady momentum leading up to this expansion. For the first half of the 2026 fiscal year (H1FY26), the company reported net sales of Rs 86.05 crore and a net profit of Rs 5.77 crore. Specifically, in the second quarter (Q2FY26), net sales reached Rs 18.50 crore with a net profit of Rs 3.05 crore. These figures reflect the company’s operational capacity as it integrates new solar assets into its existing portfolio.

While expanding into solar, the RDB Group remains a diversified entity with a deep footprint in Real Estate, Logistics, and telecom transmission. Its real estate division has completed 154 projects, developing roughly 6 million square feet across major Indian hubs like Kolkata, Mumbai, and New Delhi. By leveraging this established infrastructure background, the company aims to diversify its business operations and capitalise on the growing demand within the Indian renewable energy market.

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About the Company

RDB Infrastructure and Power Limited (formerly known as RDB Realty & Infrastructure Ltd), founded in 1981, is a prominent real estate & solar services-related company in India. With a strong presence in major cities like Kolkata, Mumbai, and Hyderabad, they specialise in both residential and commercial projects. Their portfolio includes high-rise apartments, integrated townships, office spaces, and shopping malls. The company is committed to quality and innovation, aiming to deliver exceptional living and working spaces. By focusing on customer satisfaction and sustainable development practices, RDB Realty & Infrastructure Ltd has established itself as a trusted name in the Indian real estate industry.

The company has a market cap of over Rs 1,300 crore, with promoters holding 68.30 per cent stake, FIIs holding 2.21 per cent and the pubic owning 29.49 per cent stake. The stock is up by 91 per cent from its 52-week low of Rs 35 per share and has given multibagger returns of 4,155 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.