Solar penny stock in focus as the company enters into a share purchase agreement with RDB Bhopal Infrastructure Pvt Ltd

RDB Infrastructure and Power Limited has approved the acquisition of a 51 per cent equity shareholding in RDB Bhopal Infrastructure Private Limited for a total cash consideration of Rs 5,10,000 (Rupees Five Lakh Ten Thousand only). This transaction is formalised under a Share Purchase Agreement (SPA) dated September 27, 2025, and is expected to be completed by September 30, 2025. RDB Bhopal Infrastructure Private Limited, incorporated on April 29, 2022, operates in the Infrastructure industry, which is the same line of business as the acquirer. The acquisition's primary objective is business expansion, and upon completion, the target entity will become a subsidiary of RDB Infrastructure and Power Limited. The acquired company has an Authorised and Paid-up Capital of Rs 10,00,000, comprising 1,00,000 equity shares of Rs 10 each, and has reported Nil turnover for the last three fiscal years (up to March 31, 2025).

The acquisition of RDB Bhopal Infrastructure Private Limited is considered a related party transaction. This is due to the common shareholding of the promoter/promoter group in both RDB Real Estate Constructions Limited and RDB Infrastructure and Power Limited. However, the transaction is being undertaken on an arm's length basis, ensuring fair market terms. The cost of acquisition is Rs 5,10,000, representing a price of Rs 10 per share for the 51 per cent stake. No governmental or regulatory approvals are required for the completion of this acquisition. The acquisition enhances RDB Infrastructure and Power Limited's presence in the Infrastructure sector in India.

Additionally, the company has signed a Memorandum of Understanding (MOU) with Stargen Power Private Limited to undertake solar power projects. The agreement, dated September 22, 2025, involves the execution of solar power projects with a capacity of 52 MW (AC)/ 65 MW (DC). These projects will be developed across five sites near Nagpur, Maharashtra, and have a total EPC (Engineering, Procurement, and Construction) contract value of Rs 225 crore. The entire project is to be completed within one year from the commissioning of all five sites. This partnership is with a domestic entity and marks a significant step for RDB Infrastructure in the renewable energy sector.

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.

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According to Quarterly Results, the net sales increased by 120 per cent to Rs 67.56 crore and net profit increased by 186 per cent to Rs 2.72 crore in Q1FY26 compared to Q1FY25. In its annual results, the net sales increased by 60 per cent to Rs 107.71 crore and net profit increased by 105 per cent to Rs 5.54 crore in FY25 compared to FY24.

The stock’s 52-week high is Rs 62.68 per share and its 52-week low is Rs 35 per share. The company has a market cap of over Rs 800 crore, with promoters holding 68.64 per cent stake, FIIs holding 2.46 per cent and the pubic owning 28.90 per cent stake. The stock is up by 38.5 per cent from its 52-week low of Rs 35 per share and has given multibagger returns of 3,175 per cent in 5 years.

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