The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajendra Chodankar
Awaiting price reaction for this filing.
Mr. Rajendra Chodankar, a promoter of RRP Defense Ltd (formerly Euro Asia Exports Ltd), has acquired 1,83,900 equity shares (face value Rs. 10) on 30th September 2025 through a Share Purchase Agreement under the open offer route. His holding rose from 1,00,00,000 shares (72.89%) to 1,01,83,900 shares (74.23%) of the company. The disclosure has been filed under Regulation 29(2) of SEBI SAST Regulations, 2011 with BSE. The total equity share capital of the company remains unchanged at 1,37,18,800 shares.
This indicates continued promoter confidence and consolidation of control in RRP Defense, with the promoter raising his already-majority stake by another 1.34%. For retail shareholders, this signals promoter commitment to the company, though the public float further reduces slightly.