RPP Infra Projects Ltd Announces Promoter Share Transfer by Way of Gift
RPP Infra Projects Ltd has announced a proposed acquisition of 40,000 equity shares through inter-se transfer among promoters scheduled for January 22, 2026. Ms. N A Tharunya will acquire shares from Mr. Poosppan Arulsundaram and Ms. Nithya Arulsundaram by way of gift, increasing her shareholding from 0.11% to 0.19%. The transaction falls under SEBI SAST Regulations exemption for immediate relatives and has been duly notified to stock exchanges.
*this image is generated using AI for illustrative purposes only.
RPP Infra Projects Ltd has notified stock exchanges about a proposed acquisition of equity shares through inter-se transfer among promoters, scheduled to take place on January 22, 2026. The transaction involves the transfer of 40,000 equity shares by way of gift between immediate relatives within the promoter group.
Transaction Details
The share transfer involves Ms. N A Tharunya acquiring shares from two existing promoters as detailed below:
| Parameter | Details |
|---|---|
| Proposed Transfer Date | January 22, 2026 |
| Total Shares to be Acquired | 40,000 equity shares |
| Transfer Method | Gift (inter-se transfer) |
| Percentage of Share Capital | 0.08% |
| Regulatory Exemption | Regulation 10(1)(a)(i) of SAST |
The acquisition will be executed in two equal tranches of 20,000 shares each from Mr. Poosppan Arulsundaram and Ms. Nithya Arulsundaram, both immediate relatives of the acquirer.
Shareholding Impact
The proposed transaction will result in changes to the promoter shareholding pattern as outlined below:
| Stakeholder | Before Transaction | After Transaction | ||
|---|---|---|---|---|
| Shares | % Holding | Shares | % Holding | |
| Ms. N A Tharunya (Acquirer) | 54,157 | 0.11% | 94,157 | 0.19% |
| Mr. Poosppan Arulsundaram | 7,699,837 | 15.53% | 7,679,837 | 15.49% |
| Ms. Nithya Arulsundaram | 7,699,669 | 15.53% | 7,679,669 | 15.49% |
Regulatory Compliance
The company has filed the prior intimation under Regulation 10(5) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The transaction qualifies for exemption from making an open offer as it falls under inter-se transfer between immediate relatives of promoters.
Key regulatory aspects include:
- Volume weighted average market price for 60 trading days: ₹107.71
- No acquisition price specified as transaction is by way of gift
- Compliance with disclosure requirements under Chapter V of Takeover Regulations confirmed
- All conditions under Regulation 10(1)(a) for exemptions have been met
Company Information
The notification was signed by Arulsundaram Nithya, Wholetime Director and CFO (DIN: 00125357), on January 14, 2026. RPP Infra Projects Ltd operates in the infrastructure development sector and is listed on both BSE (Scrip Code: 533284) and NSE (Symbol: RPPINFRA) with ISIN: INE324L01013.
Historical Stock Returns for RPP Infra Projects
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.69% | -7.18% | -10.85% | -33.60% | -48.30% | +88.23% |
18
