New Delhi, June 26 -- RDB Infrastructure and Power shares jumped over 3% from their intraday low on Thursday, 26 June 2025, after the stock market investors reacted to the company's board of directors approving the issue of equity shares upon the conversion of share warrants, according to an exchange filing.

RDB Infrastructure and Power's board approved the conversion of 5,00,000 or five lakh share warrants into equivalent equity shares with a face value of Re 1 apiece on a preferential allotment basis.

The BSE filing data showed that the five lakh equity shares on the conversion of warrants are allotted to a non-promoter, Pallavi Moryani, and the total amount received from the conversion is over Rs.1.51 crore at the rate of Rs.40.5 per...