RRP Defense Limited has obtained regulatory approval to extend the timeline for holding its 45th Annual General Meeting (AGM) for the financial year ended March 31, 2026.

The Registrar of Companies (ROC), Delhi, granted a three-month extension on September 15, 2026, allowing the company to conduct the meeting by December 31, 2026. This approval was issued under the second proviso to Section 96(1) of the Companies Act, 2013, following an application submitted by the company on September 2, 2026.

Regulatory Compliance and Next Steps

The company disclosed the development in a letter to the BSE Listing Department dated September 16, 2026, citing Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The ROC order noted that the extension was granted due to difficulties faced by the company but advised RRP Defense to ensure timely compliance with statutory provisions in the future.

The Board of Directors will convene to fix the specific date, time, and venue or mode for the AGM. The company stated it will intimate the exchange regarding the notice convening the meeting, the record date for remote e-voting, and the Annual Report for FY26 within the prescribed timelines under Regulations 30, 34, 42, and 44 of the SEBI LODR Regulations.

Key Details

The company, formerly known as Euro Asia Exports Limited, is listed on the BSE with scrip code 530929. The managing director, Rajendra Kamalantik Chodankar, signed the disclosure confirming the receipt of the ROC approval order.

RRP Defense Limited has entered an exclusive association with ESC BAZ to bring the Diamond Unique Observation System to India. The partnership aims to capture a share of the estimated $580 million Indian military electro-optical and infrared market.

The agreement, announced on September 1, 2026, grants RRP Defense exclusive rights in India to deploy ESC BAZ’s advanced electro-optical observation systems. The company intends to leverage its manufacturing capabilities to localize production and expand into international markets from India.

Market Opportunity

The global military EO/IR market is valued at approximately $11.1 billion in 2025. Within this sector, India represents a significant growth avenue for specialized surveillance technologies.

RRP Defense assesses that the Diamond technology could contribute approximately 30% of the potential revenue within this new business segment. The company views this as a first-mover advantage in a technology-intensive niche.

Technology Capabilities

The Diamond system is designed for fixed and tactical deployment, including masts and towers. Key features include:

• Daylight-quality imaging in complete darkness
• AI-powered detection and analytics
• 80° field of view with resolution up to 4240 × 2832
• Applications in border security, defense installations, and critical infrastructure

Strategic Outlook

RRP Defense plans to move beyond distribution to establish a manufacturing platform in India. The objective is to support localization, deployment, and eventual export to selected global markets.

Managing Director Rajendra Kamalantik Chodankar stated the association aims to build a strong market position in India before expanding globally. The partnership combines ESC BAZ’s technology with RRP Defense’s market reach to create a commercially sustainable opportunity.