R.P.P. Infra Projects Limited has informed the Exchange about Resignation of Director/KMP/SMP

Kmp ResignedManagement Changes View source PDF

RPPINFRA · price

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▲ 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

+8.3%1-day move

₹78.05

prior close

₹79.88

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-1.1-1.1-0.9-1.1+8.3+7.6+3.1+4.7+2.6+3.6-5.4-11.2-12.2-17.2

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AI summary

R.P.P. Infra Projects Limited announced multiple board and management changes following its meeting on April 20, 2026. Mr. K Jagannathan, a former senior legal leader at Larsen & Toubro with 45 years of corporate law experience, has been appointed as Non-Executive Independent Director for a 2-year term. Mr. Venkatesan Elliah Naidu resigned as Independent Director effective March 2, 2026, citing personal reasons, and the same individual was then appointed as the new Chief Executive Officer for a 1-year term. Mr. Naidu is an IIT Madras alumnus (1976) with over four decades of experience across construction, infrastructure, and EPC projects. Board committees have been reconstituted to reflect these changes.

Likely market impact

A senior infrastructure industry veteran is now leading the company as CEO, which could support execution. However, the unusual transition of an Independent Director stepping directly into the CEO role and the short 1-year CEO term may draw governance-related questions from some investors.