Multibagger stock, Jan. 7 -- RDB Infrastructure and Power share price hit a 52-week high of Rs.71.50 apiece in Wednesday's trading session after the board approved the proposal to subscribe to 70% of the equity share capital of Solar Agro-Parks Private Limited, as the company looks to diversify its operations.
In an exchange filing, the company informed that the subscription amount towards the said equity shares is yet to be infused. Solar Agro-Parks was incorporated on 31 December 2025, with authorised capital of Rs.10,00,000 and paid-up capital up to Rs.1,00,000.
According to the filing, RDB Infrastructure will subscribe to 7,000 equity shares of Rs.10 each, for a total amount aggregating to Rs.70,000.
"The acquisition has been under...
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