Outcome of Board Meeting held on December 03, 2025 pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
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The Board of Directors of Rap Corp Ltd, at its meeting held on December 3, 2025, approved the acquisition of 9,960 equity shares of Rs. 10 each in Platinumcorp Value Sheltors Private Limited (PVSPL), representing 49.90% of its paid-up capital. This is a strategic investment in a private company, and the company will sign the necessary definitive documents with PVSPL and its shareholders. The Board meeting ran from 10:30 AM to 12:40 PM, and Rap Corp will file a separate Regulation 30 disclosure with the details. The company was formerly known as Rap Media Limited.
This investment gives Rap Corp a near-majority stake (49.90%) in a private real estate-related entity, signalling a strategic expansion or diversification move. Shareholders should watch for the detailed Regulation 30 disclosure and any further announcements about funding, valuation, and business plans related to this acquisition.