RDB Infrastructure Increases Maxim Industries Stake to 45%

Transaction Details

RDB Infrastructure and Power Limited has entered into a Memorandum of Agreement dated October 6, 2026, with Samvik Power Private Limited for the purchase of shares in Maxim Industries Private Limited. This follows previous intimations dated June 3, 2026, and June 30, 2026, regarding initial investment and shareholders' agreement execution.

Key Transaction Terms

• Parties: RDB Infrastructure and Power Limited (Purchaser) and Samvik Power Private Limited (Seller)
• Purpose: To increase equity stake in Maxim Industries Private Limited
• Consideration: Cash payment of ₹2,40,000 (Rupees Two Lakh Forty Thousand only)
• Current Holding: 29% equity stake in Maxim Industries Private Limited
• Post-Transaction Holding: 45% equity stake in Maxim Industries Private Limited
• Completion Timeline: Upon completion of share transfer and payment of consideration

Relationship and Approval Aspects

• The transaction does not involve related parties to promoter/promoter group/group companies
• Not classified as a related party transaction
• No governmental or regulatory approvals required for the acquisition

Background Information

No additional background information provided about Maxim Industries Private Limited regarding products/business line, date of incorporation, historical turnover, geographical presence, or other significant details.

#Tags: #RDBInfrastructure #MaximIndustries #SEBIRegulation30 #StakePurchase #CorporateDisclosure