RPPINFRANSER.P.P. Infra Projects Limited· ConstructionMediumNeutral
Announced Tue, 3 Mar · 12:55 IST

R.P.P. Infra Projects Limited has informed the Exchange regarding Resignation of Mr Venkatesan Elliah Naidu as Independent Director of the company w.e.f. March 02, 2026.

RPPINFRA · price

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Price reaction · full curve 14 horizons · vs prior close
-2.4%1-day move
₹72.23
prior close
₹72.39
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.3-1.8-2.0-1.9-2.4-3.2-4.5-2.8-0.5-4.5-12.6-6.4+8.1-13.3
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AI summary

Mr. Venkatesan Elliah Naidu (DIN: 07389056) has resigned as an Independent Director of R.P.P. Infra Projects Limited effective from the close of business hours on March 02, 2026, citing personal reasons. He also stepped down as a member of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee. The resigning director confirmed there are no other material reasons beyond personal ones, and he holds no other listed entity directorships. The Board recorded its appreciation for his contributions during his tenure.

Likely market impact

A single independent director exit due to personal reasons is a routine board change with limited impact on shareholders. Investors should watch for timely appointment of a replacement to maintain the required board composition and committee strength.