RDB Infrastructure And Power Appoints Key Management Personnel and Plans LLP Incorporation

RDB Infrastructure And Power Appoints Key Management Personnel and Plans LLP Incorporation​

RDB Infrastructure And Power Ltd, formerly known as RDB Realty & Infrastructure Limited, announced key appointments and the proposed incorporation of a new Limited Liability Partnership (LLP) following its Board Meeting held on April 9, 2026.

During the meeting, the Board of Directors considered and approved several material updates concerning management structure and business expansion.

Mr. Shubham Vaidya (DIN: 11294349) has been appointed as the Managing Director (MD) of the Company for a period of three years, effective April 9, 2026, pending approval from the members at the General Meeting. This appointment, based on the recommendation of the Nomination and Remuneration Committee, designates him as a Key Managerial Personnel (KMP) of the Company. Mr. Vaidya holds a Bachelor of Commerce (Finance Honours) degree and is a CFA, bringing over five years of experience in investment management and pension consulting.

Additionally, Mr. Ramakant Asopa was appointed as the Chief Financial Officer (CFO) of the Company, effective April 9, 2026. This appointment, recommended by the Audit Committee and the Nomination and Remuneration Committee, also designates him as KMP. Mr. Asopa is a Chartered Accountant (ICAI) with more than 14 years of experience across finance, taxation, audit, and fund management.

Proposed LLP Incorporation Details​

The Company also planned the incorporation of RDB Ergoflex LLP, referred to as the Proposed LLP. The Company will contribute 51% of the total capital of this Proposed LLP, which will become a related party.

The details surrounding the Proposed LLP include:

• Entity Name: RDB Ergoflex LLP
• Country of Incorporation: India
• Industry: Manufacturing of furniture
• Business Scope: Providing comprehensive solutions for all interior decoration needs, covering home décor, office furniture, and institutional furniture.
• Investment: The total capital contribution in the Proposed LLP is Rs. 1,00,00,000 (Rupees One Crore only), with the Company contributing 51%.
• Control: The Company will hold 51% of the total capital contribution, giving it a controlling interest in the Proposed LLP.

The incorporation process for the Proposed LLP requires a Factory license from the relevant authority and an NOC from the West Bengal Pollution Board. The consideration for this venture will be in cash.

Stock Price Movement​

At the close of trading on Thursday, RDB Infrastructure And Power Ltd settled at ₹35.75, gaining 4.81% for the session. Throughout the day, the shares fluctuated within a visible range, moving between ₹33.55 and a high of ₹35.81.

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