RDB Infrastructure and Power Limited has made a disclosure regarding its investment in Maxim Industries Private Limited, following up on its initial disclosure dated 27th May, 2026.
Transaction Details
The company has completed its proposed investment in Maxim Industries Private Limited through subscription to 43,500 equity shares of ₹10 each, totaling ₹4,35,000. Maxim Industries was duly incorporated on 02nd June, 2026 by the Central Registration Centre, Ministry of Corporate Affairs.
Investment Structure
- Number of shares: 43,500 equity shares
- Face value: ₹10 per share
- Total investment: ₹4,35,000
- Percentage holding: Approximately 29% of the paid-up equity share capital of Maxim Industries
- Consideration type: Cash consideration
- Transaction basis: Arm's length basis
Target Company Details
- Name: Maxim Industries Private Limited
- Industry: Renewables - Solar Cell manufacturing
- Date of incorporation: 02nd June, 2026
- Country of operation: India
- Business activity: Manufacturing solar cells
Regulatory and Transaction Aspects
- Related party status: Does not fall within related party transaction
- Promoter interest: Neither the promoter, promoter group nor group companies have any interest in the target entity beyond their shareholding, if any
- Government approvals: Not applicable
- Completion timeline: The acquisition shall be completed upon subscription and allotment of shares by Maxim Industries Private Limited
Strategic Rationale
The investment is being made with the objective of participating in the renewable energy sector through solar cell manufacturing activities in India.
Financial Information
As Maxim Industries is a newly incorporated company, details relating to size, turnover, and financial performance are not available as of the disclosure date. Details regarding turnover for the last 3 years are not applicable.
Additional Information
The disclosure is available on the company's website at www.rbdindia.com.