RDB Infrastructure And Power Ltd
⚡ RDB Infrastructure Expands into Solar Cell Manufacturing with New Investment
- RDB Infrastructure & Power Ltd invests ₹4,35,000 in Maxim Industries Pvt Ltd via 43,500 equity shares (₹10 face value each).
- Maxim Industries operates in the solar cell manufacturing sector (renewable energy).
- The investment gives RDB a ~29% stake in Maxim’s paid-up equity share capital.
- Maxim Industries was incorporated on 02 June 2026 and has no prior financial history.
- The acquisition is not a related-party transaction and is on an arm’s length basis.
- No government/regulatory approvals were required for this investment.
- The deal will be completed upon share subscription and allotment by Maxim Industries.
- Maxim currently operates only in India.