Fast Track Finsec Pvt. Ltd. ("Manager to the Offer") has submitted to BSE a copies of Pre-Offer advertisement in accordance under Regulation 18(7) in terms of SEBI (Substantial Acquisition ....
Awaiting price reaction for this filing.
Fast Track Finsec Pvt. Ltd., the Manager to the Offer, has submitted a Pre-Offer Advertisement to BSE for an Open Offer to the public shareholders of RRP Defense Ltd (formerly known as EuroAsia Exports Limited). The advertisement was published on July 31, 2025 in Business Standard (English and Hindi editions) and Pratahkal (Mumbai regional newspaper), in compliance with Regulation 18(7) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company has recently rebranded from EuroAsia Exports to RRP Defense, suggesting a strategic pivot to the defense sector. Shareholders can expect the detailed Letter of Offer to follow with specifics on offer price, quantity, and timeline.
Public shareholders of RRP Defense should watch for the formal Letter of Offer which will state the offer price and acceptance window. This filing signals an active takeover process is underway, and the company's name change to a defense-focused identity may attract new investor interest.