The Exchange has received the disclosure under Regulation 29(1) & 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for N A Tharunya & P Arul Sundaram & A Nithya
RPPINFRA · price
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Three members of the promoter group of R P P Infra Projects Ltd have filed disclosures under SEBI (SAST) Regulations 2011 for an inter-se transfer of shares that took place on 24 February 2026. Ms. N A Tharunya (transferee) acquired 40,00,000 equity shares (8.07% of the company), raising her holding from 0.11% to 8.18%. On the transferor side, Ms. A Nithya sold 39,80,000 shares (8.03%), dropping her stake from 15.53% to 7.50%, while Mr. P Arulsundaram sold 20,000 shares (0.04%), moving from 5.06% to 5.02% (he also retains 52,00,000 encumbered shares, i.e. 10.47%). The total share capital of the company remains 4,95,85,918 equity shares of Rs. 10 each, so overall promoter ownership levels were merely reshuffled among family members with no change in the total promoter group's economic exposure.
This is purely a reshuffling of shares within the promoter family and does not change the aggregate promoter holding or the company's share capital, so it is unlikely to materially affect the stock price. Retail investors should note that Ms. Tharunya's stake is now close to the 10% creeping acquisition threshold, which may warrant attention if further purchases occur.