RPP Infra Projects Limited has reported a violation under SEBI (Prohibition of Insider Trading) Regulations, 2015 to both BSE and NSE exchanges. The violation involves a designated person and their immediate relative who conducted unauthorized equity share transactions without obtaining mandatory pre-clearance from the company.

Violation Details

The violation was committed by Mr. P Selvasundaram (PAN: AJCPS0728C), a designated person, and his immediate relative Mr. P Arulsundaram (PAN: ACGPA7995N). The unauthorized trading activity spanned from March 2025 to December 2025, involving multiple buy and sell transactions of the company's equity shares.

Transaction Summary

The trading activity involved systematic buying and selling of equity shares across multiple dates. The transactions were executed without obtaining the required pre-clearance from the company, constituting a violation of the company's Code of Conduct under SEBI regulations.

Regulatory Compliance and Action Taken

The company reported the violation to stock exchanges on March 26, 2026, following intimation from the designated person on March 24, 2026. As mandated under SEBI regulations, the company has ensured complete disgorgement of profits earned from the unauthorized transactions.

Company's Assessment

The company noted that the contra trade was executed inadvertently and not during any trading window closure period. There was no evidence of misuse of unpublished price sensitive information (UPSI). Considering this as the first instance of non-compliance by the designated person, the company has taken appropriate corrective measures while emphasizing strict adherence to the Code of Conduct to prevent future violations.

The designated person has been warned against such transactions and advised to strictly follow regulatory requirements. The company has reiterated the importance of obtaining proper pre-clearance for all equity transactions to ensure compliance with insider trading regulations.

RPP Infra Projects Limited has submitted a clarification to BSE Limited regarding the recent significant movement in its equity share price. The company's response, dated April 10, 2026, addresses BSE's inquiry letter reference number L/SURV/ONL/PV/APJ/2026-2027/3674 dated April 09, 2026.

Company's Official Response

In its formal communication to BSE, RPP Infra Projects emphasized its commitment to regulatory compliance and transparency. The company stated that all material information and announcements that may impact its operations or performance have been duly disclosed within stipulated timelines.

Regulatory Compliance Confirmation

The company confirmed its adherence to multiple regulatory frameworks governing listed entities. RPP Infra Projects specifically mentioned compliance with:

• Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• SEBI Insider Trading Regulations
• All necessary disclosure requirements within prescribed timelines

Assessment of Price Movement

RPP Infra Projects categorically stated that there is no pending information or announcement that could influence its share price movement. The company characterized the recent significant price fluctuations as purely market-driven phenomena beyond its direct control.

Future Disclosure Commitment

The company reiterated its ongoing commitment to regulatory compliance and transparency. RPP Infra Projects assured BSE that it will continue to keep the stock exchange informed of any material developments requiring disclosure under applicable regulations as and when they occur.

The response was digitally signed by I Selvam, Company Secretary and Compliance Officer, demonstrating the company's formal acknowledgment of BSE's inquiry and its commitment to maintaining transparent communication with regulatory authorities.