Announced Fri, 14 Aug · 10:50 IST
Non-promoter acquirer buys 5.16% stake in R.P.P Infra via open market
RPPINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.7%1-day move
₹59.70
prior close
₹58.77
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0+1.1+0.6+0.5-2.7-3.7-3.1-5.4-3.7-3.5-9.7-8.7——
Up moveDown movePending
AI summary
G Visalatchi along with persons acting in concert (B G Abin Dinesh and Diva Projects Pvt Ltd) acquired 25,59,548 equity shares of R.P.P Infra Projects, equal to 5.16% of paid-up capital, through open market purchase between 6 and 11 Aug 2026. The acquirer is explicitly not part of the promoter group. This is the first disclosure under SAST Regulation 29(1), triggered because their aggregate holding crossed the 5% threshold for the first time.
Likely market impact
New non-promoter entity crosses 5% disclosure threshold; further buys could trigger 10% disclosure and may influence stock price.