The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for N A Tharunya
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Ms. N A Tharunya, an immediate relative of the promoters, received 40,00,000 equity shares (8.07% of diluted share capital) of R P P Infra Projects Ltd as a gift from promoters Mr. P. Arul Sundaram (20,000 shares) and Mrs. A. Nithya (39,80,000 shares) on 24/02/2026. The transfer was made at Nil consideration purely as part of family succession planning to keep promoter shareholding within the family. Post-transaction, Ms. Tharunya's holding rose sharply from 0.11% (54,157 shares) to 8.18% (40,54,157 shares), while Mrs. Nithya's stake dropped from 15.53% to 7.50%. The filing was made under Regulation 10(1)(a)(i) of SEBI (SAST) Regulations, which exempts inter se promoter transfers from the open offer requirement, and there is no change in control of the company.
This is a non-market, internal reshuffle of promoter holdings with no impact on the company's control, valuation, or free float. Shareholders need not be concerned about any change in management or strategy since it is purely a family-level succession move.