RDB Real Estate Constructions Ltd: A Wave of Share Acquisitions
In a significant development for RDB Real Estate Constructions Ltd, a prominent player in India’s construction sector, the Bombay Stock Exchange Ltd has recently received multiple disclosures under the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. These disclosures indicate a notable shift in the company’s shareholding pattern, with several key figures acquiring substantial stakes.
As of August 19, 2025, the company, which operates in the construction of residential, commercial, and retail properties, has seen disclosures from Suhasini Dugar, Sheetal Dugar, Vinod Dugar, and Manaswi Dugar. These acquisitions are noteworthy as they represent significant changes in the ownership structure of RDB Real Estate Constructions Ltd.
Sheetal Dugar’s Acquisition
Sheetal Dugar, based in Kolkata, has made a substantial acquisition through a preferential issue. On August 13, 2025, she acquired 1,830,000 share warrants, convertible into equity shares, representing 6.995% of the company’s total diluted issued and paid-up share capital. This acquisition increased her shareholding to 34,69,882 equity shares, including share warrants, which upon conversion, represent 13.262% of the total diluted issued and paid-up share capital.
Vinod Dugar’s Stake Increase
Similarly, Vinod Dugar, also from Kolkata, has increased his stake in the company. He acquired 1,400,000 share warrants on the same date, representing 5.35% of the company’s total diluted issued and paid-up share capital. Following this acquisition, his shareholding rose to 34,71,523 equity shares, including share warrants, which upon conversion, account for 13.269% of the total diluted issued and paid-up share capital.
Disclosures from Suhasini and Manaswi Dugar
The disclosures from Suhasini Dugar and Manaswi Dugar, while not detailing specific figures, are part of the same regulatory framework under Regulation 29(1) of the SEBI (SAST) Regulations, 2011. These disclosures suggest further strategic moves within the company’s shareholder base.
Market Context
RDB Real Estate Constructions Ltd, listed on the Bombay Stock Exchange, has a market capitalization of 5,130,773,395 INR. The company’s share price closed at 296.85 INR on August 17, 2025, with a 52-week high of 335.95 INR and a low of 12.9 INR. These acquisitions come at a time when the company is navigating a dynamic market environment.
The recent acquisitions by the Dugar family members highlight a strategic consolidation of ownership, which could have implications for the company’s future direction and governance. As RDB Real Estate Constructions Ltd continues to serve its customers across India, these developments will be closely watched by investors and market analysts alike.