Mangrove Buildcon Llp agreed to acquire 85% stake in Rdb Bhopal Infrastructure Private Limited from RDB Realty & Infrastructure Limited (BSE:533285) for INR 0.34 million on April 25, 2024. Under the terms, Mangrove Buildcon is acquiring 34,000 shares at INR 10. The transaction has been approved by board of RDB Realty & Infrastructure.

The transaction is expected to close on April 26, 2024.