RDB Infrastructure and Power has entered into a Partnership Interest Acquisition Agreement on June 24, 2026 with the existing partners of Arankam Green Energy Solution (Firm) for acquisition of partnership interest in the Firm and subsequent amendment and restatement of the partnership deed of the Firm.
Upon completion of the transaction, the company shall acquire 100% partnership interest in the Firm. The total consideration for acquisition of partnership interest shall be Rs 90 lakh.
The acquisition is proposed for completion and commercialization of a 6.3 MW renewable energy project awarded to the Firm under a Power Purchase Agreement with Uttar Pradesh Power Corporation (UPPCL) and Letter of Award issued by Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA).
RDB Infrastructure and Power (formerly known as RDB Realty & Infrastructure), a flagship company of RDB Group, is one of the leading real estate companies in Eastern India. The company has diversified interests in power & telecom transmission equipment, retail chain and transport & logistics.
| Company Name | CMP |
|---|---|
| Lodha Developers | 1057.10 |
| Dilip Buildcon | 438.35 |
| Sobha | 1440.75 |
| Oberoi Realty | 1930.25 |
| DLF | 675.75 |
| View more.. | |
Start Research-backed Investing ...Now. Subscribe to Sapphire
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: