RPP Infra Projects has seen its shareholding by G Visalatchi and persons acting in concert (PACs) rise to 12.17%. The group acquired an additional 1,777,340 equity shares through open market purchases, triggering a mandatory disclosure under SEBI regulations.

The acquisition brings the total holding of the acquirer group to 6,036,524 shares as of September 7, 2026. This represents an increase of 3.58% from the previous disclosure date of August 17, 2026, when the aggregate shareholding stood at 8.59%.

Acquisition Details

The disclosure filed with the Bombay Stock Exchange and National Stock Exchange on September 9, 2026, outlines the specifics of the transaction. The acquirers include G Visalatchi, B G Abin Dinesh, and Diva Projects Private Limited. The group is not classified as part of the promoter or promoter group of the target company.

The mode of acquisition was strictly through open market purchases. The total equity share capital of RPP Infra Projects remained unchanged at ₹49,58,59,180, comprising 4,95,85,918 equity shares of ₹10 each.

Regulatory Compliance

The filing was made pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The regulation mandates disclosure when the aggregate shareholding increases by 2% or more since the last disclosure. The previous disclosure dated August 17, 2026, had reported the holding at 8.59%. The current increase to 12.17% satisfies this threshold.

What the Numbers Show

The entire stake held by G Visalatchi and PACs remains unencumbered, with no pledges or liens reported in the filing. This suggests the acquisition was funded without leveraging the newly acquired assets, indicating a cash-driven accumulation strategy rather than collateral-based financing.

RPP Infra Projects disclosed that promoter Ms N A Yagavi disposed of 1,407,931 equity shares, representing a 2.84% stake, through open market transactions. The sales took place on August 18, 27, and 28, 2026.

The company filed the disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, on September 8, 2026. The filing confirms the reduction in the promoter group's holding following these market sales.

Shareholding Changes

Ms Yagavi's holding in the company decreased significantly after the disposal. Prior to the sale, she held 2,239,283 shares, constituting 4.51% of the total voting capital. After selling 1,407,931 shares, her remaining stake stands at 831,352 shares, or 1.68%.

The total equity share capital of RPP Infra Projects remained unchanged at 49,585,918 shares before and after the transaction. No encumbrances, warrants, or convertible securities were involved in the disposal.

What the Numbers Show

The disposal reduced Ms Yagavi's stake by more than half, dropping from 4.51% to 1.68%. This significant reduction in promoter group holding occurred entirely through open market sales over three trading days in late August.