RPPINFRANSER.P.P. Infra Projects Limited· ConstructionMediumNeutral
Announced Tue, 3 Mar · 13:00 IST

R.P.P. INFRA PROJECTS LIMITED has informed the Exchange about Resignation of Independent director.

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
Up moveDown movePending
AI summary

Mr. Venkatesan Elliah Naidu (DIN: 07389056) has resigned as an Independent Director of R.P.P. Infra Projects Limited with effect from the close of business hours on March 2, 2026. The resignation is attributed to personal reasons, and the director has confirmed that there are no other material reasons behind his exit. Consequently, he has also stepped down from the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee. He does not hold any directorships in other listed entities. The Board has placed on record its appreciation for his contributions during his tenure.

Likely market impact

This is a routine, single independent director resignation for personal reasons with no governance red flags, so it is unlikely to have a material impact on the stock price. However, the company will need to fill the vacant independent director and committee positions within the timelines required under SEBI listing regulations.