RDB Infrastructure and Power Acquisition Worth ₹0.02 Cr
RDB Infrastructure will raise its Maxim Industries stake from 29% to 45% by buying shares from Samvik Power for Rs 0.024 Crore. MoU dated October 2026.
- Value
- ₹0.02 Cr
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RDB Infrastructure will raise its Maxim Industries stake from 29% to 45% by buying shares from Samvik Power for Rs 0.024 Crore. MoU dated October 2026.
RDB Infrastructure and Power invested ₹0.04 Crore for a 29% stake in Maxim Industries. This strategic entry into solar cell manufacturing enhances its renewable energy portfolio.
RDB Infrastructure and Power Limited signed a binding term sheet to acquire 100% of Arankam Green Energy Solution for ₹0.9 Crore. The target is a special purpose vehicle with a 6.3 MW solar project in Uttar Pradesh. This acquisition expands the company's footprint into the renewable energy sector.