RRP Defense Limited (formerly Euro Asia Exports Limited) has successfully completed its dematerialization compliance requirements for the quarter ended March 31, 2026, submitting the mandatory certificate under SEBI Regulation 74(5) to BSE Limited on April 14, 2026.

Quarterly Dematerialization Summary

The company processed a total of 13,000 equity shares for dematerialization during Q4 FY26, distributed across both major depositories:

Processing Timeline Compliance

All dematerialization requests were processed within the regulatory timeline, with completion periods ranging from 3 to 10 days. The NSDL transactions were completed between February and March 2026, while CDSL transactions spanned from January to February 2026.

Notable processing efficiency:

• Fastest completion: 3 days (CDSL transaction)
• Average processing time: 6.8 days
• All transactions completed within the 15-day regulatory limit

Regulatory Compliance Confirmation

Skyline Financial Services Private Limited, serving as the company's registrar and share transfer agent, certified that all physical share certificates received for dematerialization were:

• Properly verified and mutilated after due process
• Cancelled within the stipulated timeframe
• Substituted with depository names in the register of members
• Processed in accordance with SEBI regulations

Shareholder Participation

The dematerialization process involved multiple individual shareholders, with transaction sizes ranging from 500 to 4,600 shares. The largest single transaction involved 4,600 shares processed through CDSL for shareholder Manish Mahesh Dholakia, completed within 3 days.

Corporate Details

RRP Defense Limited operates under CIN L51909DL1981PLC012621 and maintains its registered office in New Delhi's Naraina Industrial Area. The compliance submission was signed by Managing Director Rajendra Chodankar (DIN: 00665008), confirming the company's adherence to depositories and participants regulations for the quarter.

RRP Defense Limited has officially announced the signing of a strategic Memorandum of Understanding (MoU) with Bharat Electronics Limited (BEL), marking a significant development in India's defense technology sector. The partnership, formalized through a regulatory filing under SEBI Regulation 30, expands cooperation between the companies in semiconductor technology, unmanned systems, and electro-optics.

Strategic Partnership Framework

The MoU establishes a comprehensive collaboration framework between BEL, a Navratna Defense PSU, and the RRP Group companies including RRP Electronics Limited and RRP Defense Limited. The partnership brings together BEL's decades of experience in defense electronics with RRP's capabilities in semiconductor manufacturing and electro-optical systems.

Technology Collaboration Areas

The strategic alliance will concentrate on three key technological domains critical to modern defense applications. The collaboration encompasses advanced semiconductor solutions, electro-optical systems including surveillance systems and weapon sights, and next-generation unmanned vehicle technologies.

Leadership Statements

Mr. Manoj Jain, Chairman & Managing Director of BEL, emphasized the partnership's significance in strengthening India's defense ecosystem. He highlighted the combination of BEL's defense electronics expertise with RRP's semiconductor manufacturing and UAV platform capabilities to deliver cutting-edge indigenous solutions for national and global requirements.

Mr. Rajendra Chodankar, Founder & Chairman of RRP Group, described the partnership as a forward-looking advancement in strengthening India's defense technological base. He noted the collaboration's alignment with the nation's long-term strategic interests through purposeful and dependable technological development.

Market and Strategic Implications

This partnership positions both organizations to leverage their combined expertise in the competitive defense technology market. The collaboration is expected to enhance capabilities in delivering advanced solutions to defense customers while supporting India's indigenisation objectives. The MoU also creates potential export opportunities in line with the Ministry of Defence's export promotion policies, representing a transformational approach to delivering high-quality defense solutions.