New Delhi, April 10 -- Shares of RDB Infrastructure And Power surged more than 4% on Friday, April 10, after the company implemented major leadership changes by designating Shubham Vaidya as Managing Director and Ramakant Asopa as Chief Financial Officer, both starting on April 09, 2026.

Mr. Vaidya's role as Managing Director requires approval at the General Meeting and identifies him as key managerial personnel of the company. Mr. Asopa's appointment as CFO was advised by both the audit committee and the nomination and remuneration committee, also categorising him as key managerial personnel.

Further, RDB Infrastructure and Power has approved a new business expansion initiative with the incorporation of RDB Ergoflex LLP, marking its en...