RDB Industries Ltd has announced that a meeting of the Board of Directors of the Company will be held on December 07, 2006 to consider and approve the preferential allotment of 750000 equity shares of Rs 10/- each at a premium of Rs 160/- per equity share and 750000 share warrants at issue price of Rs 170/- per share warrant to M/s. Teck Consultancy & Services Pvt Ltd.