RPP Infra promoter A Nithya sells 10.9 lakh shares in open market

0 min read     Updated on 14 Aug 2026, 10:55 AM
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Promoter Ms. A Nithya sold 10,92,242 equity shares of RPP Infra Projects Ltd via open market on August 11-12, 2026. Her stake fell from 7.50% to 5.30%. The company filed the disclosure under SEBI SAST Regulation 29(2).

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RPP Infra Projects disclosed that promoter Ms. A Nithya disposed of 10,92,242 equity shares through open market transactions on August 11 and 12, 2026. The sale reduced her total holding in the company from 7.50% to 5.30% of the total voting capital.

The disclosure was made pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction involved only shares carrying voting rights, with no encumbrances or convertible securities reported in the filing.

Shareholding Details

Ms. Nithya’s stake decreased by 2.20 percentage points following the disposal. Her post-transaction holding stands at 26,27,427 shares. The total equity share capital of the company remained unchanged at 4,95,85,918 shares before and after the transaction.

Metric Value
Shares sold 10,92,242
Pre-transaction holding 37,19,669 (7.50%)
Post-transaction holding 26,27,427 (5.30%)
Mode of sale Open market
Date of transaction August 11 & 12, 2026

The company secretary, Innasimuthu Selvam, signed the intimation to the stock exchanges on August 13, 2026. The disclosure confirms that the seller belongs to the promoter group of RPP Infra Projects.

Historical Stock Returns for RPP Infra Projects

1 Day5 Days1 Month6 Months1 Year5 Years
-0.60%+2.45%-10.70%-26.19%-47.55%-4.73%

Will Ms. Nithya continue to reduce her stake further, or has she reached her target holding level?

How might this significant promoter dilution impact investor confidence and the stock's short-term price volatility?

Are there other promoters or key insiders planning similar open market sales in the near future?

RPP Infra Projects approves director appointment and RPT limits

1 min read     Updated on 11 Jul 2026, 12:55 AM
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RPP Infra Projects Ltd announced that shareholders have approved the appointment of Mr. K. Jagannathan as a Non-Executive Independent Director for two years and the enhancement of material related party transaction limits with Repplen Projects Private Limited via postal ballot.

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RPP Infra Projects Ltd has secured shareholder approval for the appointment of a new independent director and the enhancement of limits for material related party transactions. The resolutions were passed through a postal ballot process conducted via remote e-voting, which concluded on July 9, 2026.

The company sought approval for the appointment of Mr. K. Jagannathan (DIN: 11666595) as a Non-Executive Independent Director for a term of two consecutive years commencing from April 20, 2026, to April 19, 2028. Additionally, shareholders voted on the enhancement of existing limits for material related party transactions to be entered into with Repplen Projects Private Limited.

Voting Results

The remote e-voting process commenced at 9:00 a.m. (IST) on June 10, 2026, and concluded at 5:00 p.m. (IST) on July 9, 2026. A total of 35,875 shareholders were eligible to vote as on the cut-off date of June 5, 2026. The scrutinizer, Karthick B of Karthick B & Associates, validated the results.

Resolution Type Votes For Votes Against Total Votes Result
Appointment of Mr. K. Jagannathan Special 2,54,59,945 12,472 2,54,72,417 Passed
Enhancement of RPT limits with Repplen Projects Private Limited Ordinary 64,41,371 11,711 64,53,082 Passed

Resolution Details

The Special Resolution for the director appointment received 99.95% of the votes cast in favour, with 72 members participating. The Ordinary Resolution regarding the enhancement of related party transaction limits received 99.82% approval, with 62 members participating. Promoters did not vote on the ordinary resolution as they were marked as interested parties.

The company filed the scrutinizer's report and voting results with the exchanges pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The documents have been made available on the company's website.

Historical Stock Returns for RPP Infra Projects

1 Day5 Days1 Month6 Months1 Year5 Years
-0.60%+2.45%-10.70%-26.19%-47.55%-4.73%

What strategic expertise will Mr. K. Jagannathan bring to the board during his tenure?

What specific types of transactions will the enhanced limits with Repplen Projects Private Limited facilitate?

How will the increased related party transaction limits impact the company's liquidity and operational flexibility?

More News on RPP Infra Projects

1 Year Returns:-47.55%