RRP Defense Seeks Shareholder Approval for Strategic Acquisition and Capital Restructuring

2 min read     Updated on 10 Nov 2025, 04:57 PM
scanx
Reviewed by
Ashish TScanX News Team
Overview

RRP Defense has announced strategic moves including a 100% acquisition of RRP Drones Innovation through a share swap deal valued at Rs. 226.87 crores. The company plans to issue 1,27,45,935 new shares at a ratio of 45:1. Additionally, RRP Defense seeks to increase its authorized share capital from Rs. 16.5 crores to Rs. 27 crores. The acquisition involves a related party transaction as 57.62% of RRP Drones Innovation is held by RRP Defense's promoter group. Post-acquisition, promoter shareholding in RRP Defense is expected to decrease from 74.65% to 66.45%. Shareholders can vote on these proposals through e-voting from November 11 to December 10, 2025.

24319647

*this image is generated using AI for illustrative purposes only.

RRP Defense has announced a series of strategic moves that could significantly reshape the company's structure and capabilities. The defense and aerospace firm has issued a postal ballot notice seeking shareholder approval for three special resolutions, including a major acquisition, an increase in authorized share capital, and approval for related party transactions.

Acquisition of RRP Drones Innovation

The company proposes to acquire a 100% stake in RRP Drones Innovation Private Limited through a share swap deal. This acquisition aims to bolster RRP Defense's position in the drone and defense sectors. The deal structure involves:

  • Issuance of 1,27,45,935 equity shares of RRP Defense
  • Share swap ratio of 45:1 (45 shares of RRP Defense for every 1 share of RRP Drones Innovation)
  • Total deal value of Rs. 226.87 crores
Acquisition Details Value
Total Shares to be Issued 1,27,45,935
Issue Price per Share Rs. 178.00
Premium per Share Rs. 168.00
Total Deal Value Rs. 226.87 crores

Increase in Authorized Share Capital

To facilitate the acquisition and future growth, RRP Defense plans to increase its authorized share capital from Rs. 16.5 crores to Rs. 27 crores. This move will provide the company with greater flexibility for future capital raising initiatives.

Related Party Transaction Approval

The acquisition involves a related party transaction, as 57.62% of RRP Drones Innovation's shares are held by the promoter and promoter group of RRP Defense. Shareholders are being asked to approve this transaction to ensure transparency and compliance with regulatory requirements.

Impact on Shareholding

Post-acquisition, the promoter shareholding in RRP Defense is expected to decrease from 74.65% to 66.45%. This change in shareholding structure could potentially increase the stock's liquidity in the market.

Shareholder Category Pre-Issue Holding Post-Issue Holding
Promoters and Promoter Group 74.65% 66.45%
Public 25.35% 33.55%

E-voting Details

The company has set up a remote e-voting period for shareholders to cast their votes on these resolutions:

  • Start Date: November 11, 2025
  • End Date: December 10, 2025

Shareholders are encouraged to participate in this decision-making process that could shape the future direction of RRP Defense.

This strategic move by RRP Defense appears to be aimed at expanding its capabilities in the drone sector, which is becoming increasingly important in modern defense systems. The acquisition, if approved, could potentially enhance the company's product offerings and market position in the defense and aerospace industry.

Investors and shareholders should carefully consider the implications of these proposed changes before casting their votes. The outcome of this postal ballot could have significant implications for the company's future growth trajectory and market valuation.

Historical Stock Returns for RRP Defense

1 Day5 Days1 Month6 Months1 Year5 Years
-1.00%-1.00%+1.95%+723.11%+5,285.82%+17,095.45%
RRP Defense
View in Depthredirect
like20
dislike

RRP Defense Expands into Drone Sector with New Subsidiary 'Vimananu Limited'

2 min read     Updated on 07 Nov 2025, 09:23 PM
scanx
Reviewed by
Jubin VScanX News Team
Overview

RRP Defense has established a fully owned subsidiary, Vimananu Limited, to enter the drone and defense equipment production sector. Incorporated on November 6, 2025, with an authorized and proposed paid-up share capital of Rs. 50,00,000, Vimananu will focus on manufacturing, operating, repairing, and renting radar equipment, aeronautical and nautical equipment, aircraft, and drones. RRP Defense has subscribed to 100% of the initial paid-up share capital. The move aligns with the growing importance of unmanned aerial vehicles in modern warfare and surveillance, potentially enhancing RRP Defense's competitive position in the defense industry.

24076408

*this image is generated using AI for illustrative purposes only.

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:

Particulars Details
Authorized Share Capital Rs. 50,00,000 (Fifty Lakhs)
Proposed Paid-up Share Capital Rs. 50,00,000 (Fifty Lakhs)
Turnover Not Applicable (Yet to commence operations)

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.

Historical Stock Returns for RRP Defense

1 Day5 Days1 Month6 Months1 Year5 Years
-1.00%-1.00%+1.95%+723.11%+5,285.82%+17,095.45%
RRP Defense
View in Depthredirect
like20
dislike
More News on
Explore Other Articles
945.75
-9.55
(-1.00%)