The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
RPPINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
R P P Infra Projects has informed the exchanges about a proposed transfer of 39,60,000 equity shares (7.99% of share capital) among promoters as a gift. The shares will move from Ms. Nithya Arulsundaram (Wholetime Director and CFO) to Ms. N A Tharunya, who is her immediate relative. Post-transfer, Ms. Nithya's holding will drop from 15.49% to 7.50%, while Ms. N A Tharunya's holding will rise from 0.19% to 8.18%. The transaction is exempt from an open offer since it is an inter-se transfer among immediate relatives under Regulation 10(1)(a)(i). The proposed execution date is on or after 6 February 2026, and the 60-day VWAP reference price is Rs. 102.30, though no price applies as this is a gift.
No cash changes hands and no open offer is triggered, so there is no direct dilution or financial impact for outside shareholders. The reshuffle simply redistributes promoter holdings within the family, which is generally seen as neutral for the stock.