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RDB Infrastructure shares dropped 3% as its MD and CFO were summoned in an Indian money laundering probe over a Gurgaon land deal.
RDB Infrastructure & Power shares fell nearly 3% on November 24, 2025, after its Managing Director and CFO were summoned by India’s Enforcement Directorate in a money laundering probe tied to a land acquisition in Gurgaon.
The ED conducted raids on November 20 at the executives’ homes and the company’s Gurugram office, seizing documents and electronic devices.
This follows prior summonses to a promoter and the MD in October.
The company, which develops real estate for middle- and lower-income buyers, confirmed the probe in a regulatory filing.
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Las acciones de RDB Infrastructure cayeron un 3% debido a que su MD y CFO fueron convocados en una investigación india de lavado de dinero sobre un acuerdo de tierras en Gurgaon.