Loka Properties Private Limited, a promoter, increased its stake in RDB Infrastructure And Power Limited from 5.91% to 10.13% by acquiring 94,50,000 shares for ₹24.66 Cr at ₹26.09 apiece through a preferential allotment.
A real estate development company engaged in constructing and developing residential and commercial properties across India. Incorporated in 1981, the company specializes in building residential complexes, commercial spaces, and undertaking related real estate projects. Operating through project-based development activities, the firm has established itself in the Indian real estate sector with a focus on quality construction and timely delivery of residential and commercial developments.
