Please find attached the press release, the contents of which are self-explanatory.
Awaiting price reaction for this filing.
RRP Defense Ltd has announced a strategic collaboration with Israel's Meprolight Ltd., a global leader in electro-optics, night-vision, and weapon-sight systems. Under the partnership, both companies will jointly handle sales, distribution, and commercial strategy for Meprolight products targeting India's military and law-enforcement agencies. Meprolight will transfer technology to support assembly, testing, and integration at RRP Defense's Mahape facility, aligned with the Make in India and Atmanirbhar Bharat initiatives. The collaboration also includes a long-term roadmap for local manufacturing of select electro-optic systems using indigenous components through RRP Electronics and other partners.
This is a positive development for shareholders as it gives RRP Defense access to globally proven defense technology and a clear path to indigenisation, potentially expanding its addressable market with Indian armed forces and law-enforcement agencies. The marquee international partnership could support long-term revenue growth and strengthen the stock's defence-sector narrative.