In compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("the Listing Regulations"), read with Circular No. CIR/CFD/CMD/4/2015 dated 9th September, 2015 issued by the Securities and Exchange Board of India ("SEBI"), we hereby inform you that the Board of Directors of RDB Realty & Infrastructure Limited ("Board") at its Meeting held today, i.e. on 16th day of October, 2020 has, on the recommendation of the Audit Committee, approved the Scheme of Arrangement for Demerger between RDB Realty & Infrastructure Limited ('RRIL') and RDB Real Estate Constructions Limited ('RRECL') and their respective shareholders for demerger of Realty division of RRIL, under Sections 230 to 232 of the Companies Act, 2013.
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