RRP Defense Limited has successfully completed its strategic acquisition and capital restructuring plans after securing overwhelming shareholder approval through postal ballot. The defense and aerospace firm announced that all three special resolutions have been approved by shareholders with requisite majority, as confirmed by scrutinizer Ajay Yadav of Ajay Yadav & Associates in his report dated December 10.

Voting Results and Process

The remote e-voting process conducted from November 11 to December 10 resulted in strong shareholder backing across all resolutions. The company had 1,838 shareholders on the record date of November 7, with the cut-off date set as October 31 for voting eligibility.

Acquisition of RRP Drones Innovation

Shareholders have approved the acquisition of 100% stake in RRP Drones Innovation Private Limited through a comprehensive share swap arrangement. This strategic move strengthens RRP Defense's position in the drone and defense technology sectors.

Capital Structure Enhancement

The approved increase in authorized share capital from ₹16.50 crores to ₹27.00 crores provides enhanced financial flexibility for the acquisition and future growth initiatives. This capital restructuring supports the company's expansion strategy in the defense sector.

Regulatory Compliance and Related Party Transactions

The approval of related party transactions ensures full regulatory compliance, considering that 57.62% of RRP Drones Innovation's shares are held by RRP Defense's promoter and promoter group. This transparency measure aligns with corporate governance requirements under the Companies Act, 2013.

The successful completion of this postal ballot process marks a significant milestone for RRP Defense's expansion strategy. The acquisition is expected to enhance the company's product portfolio and strengthen its competitive position in the rapidly growing defense technology and drone manufacturing segment.

RRP Defense , a key player in the Indian defense sector, has announced the establishment of a fully owned subsidiary named 'Vimananu Limited'. This strategic move marks the company's entry into the drone and defense equipment production sector, signaling a significant expansion of its business portfolio.

Key Details of the New Subsidiary

Vimananu Limited, incorporated on November 6, 2025, is set to focus on the manufacturing, operation, repair, and rental services of various types of radar equipment, aeronautical and nautical equipment, aircraft including defense aircraft, and drones. The company will also provide training services in these areas.

Financial and Structural Aspects

The new subsidiary has been established with the following financial structure:

RRP Defense has subscribed to 100% of the initial paid-up share capital, amounting to Rs. 50,00,000, in cash.

Corporate Governance and Compliance

The incorporation of Vimananu Limited has been carried out in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. As a related party of RRP Defense Limited, the transaction has been conducted at arm's length, with common directorship being the nature of interest between the two entities.

Strategic Implications

This move by RRP Defense into the drone and advanced defense equipment sector aligns with the growing importance of unmanned aerial vehicles in modern warfare and surveillance. By diversifying its portfolio, RRP Defense is positioning itself to capitalize on the increasing demand for sophisticated defense technologies.

Market Impact

While it's too early to gauge the market's reaction to this development, the expansion into the drone sector could potentially enhance RRP Defense's competitive position in the defense industry. The move may be viewed positively by investors looking for companies with diversified defense capabilities.

Future Outlook

As Vimananu Limited begins its operations, industry observers will be keen to see how quickly it can establish itself in the drone and defense equipment market. The success of this venture could have significant implications for RRP Defense's future growth trajectory and its role in India's defense technology landscape.

RRP Defense's decision to enter the drone sector through a wholly-owned subsidiary demonstrates the company's commitment to expanding its technological capabilities and adapting to evolving defense needs. As the subsidiary begins operations, its performance will be closely watched by both the defense industry and investors alike.