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RDB Infrastructure and Power informs about memorandum of understanding
Oct-06-2026
With reference to earlier intimation dated 3rd June 2026 & 30th June 2026 regarding the investment in Maxim Industries & execution of Shareholders’ Agreement with Maxim Industries and other shareholders of Maxim Industries respectively, RDB Infrastructure and Power has informed that the Company has entered into a Memorandum of Understanding (Agreement) dated 6th October 2026 for Share Purchase with one of the Shareholder of Maxim Industries i.e., Samvik Power. Pursuant to completion of such purchase, the company’s equity stake shall increase from 29% to 45% in Maxim Industries. The disclosure as required under Schedule III of the SEBI Listing Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024 is attached and marked as Annexure A.

The above information is a part of company’s filings submitted to BSE.

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