RPP Infra Projects Limited Announces Promoter Share Transfer Under SEBI SAST Regulations
RPP Infra Projects Limited has announced a proposed inter-se transfer of 39.60 lakh equity shares between promoters Ms. Nithya Arulsundaram and Ms. N A Tharunya through a gift transaction. The transfer, representing 7.99% of share capital, is scheduled for on or after February 6, 2026, and falls under SEBI SAST Regulations exemption provisions. Post-transaction, the acquirer's shareholding will increase from 0.19% to 8.18%, while the transferor's holding will decrease from 15.49% to 7.50%.

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RPP Infra Projects Limited has notified stock exchanges regarding a proposed acquisition of equity shares through an inter-se transfer between promoters under SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The company filed the prior intimation on January 31, 2026, as a continuation of an earlier communication made on January 14, 2026.
Transaction Details
The proposed share transfer involves a significant movement of equity shares between immediate relatives within the promoter group. The transaction is structured as a gift under the inter-se transfer provisions.
| Parameter: | Details |
|---|---|
| Transferor: | Ms. Nithya Arulsundaram |
| Transferee: | Ms. N A Tharunya |
| Relationship: | Immediate Relative under Regulation 10(1)(a)(i) of SAST |
| Shares to be Transferred: | 39,60,000 equity shares |
| Proposed Transfer Date: | On or after February 6, 2026 |
| Percentage of Share Capital: | 7.99% |
Regulatory Compliance
The transaction falls under Regulation 10(1)(a)(i) of SEBI SAST Regulations, which provides exemption from making an open offer for inter-se transfers between immediate relatives of promoters. The company has declared compliance with all applicable disclosure requirements under Chapter V of the Takeover Regulations, 2011.
The volume weighted average market price for 60 trading days preceding the notice date was ₹102.30, as recorded on the stock exchange with maximum trading volume for the company's shares.
Shareholding Impact
The transaction will result in significant changes to the shareholding pattern of both parties involved in the transfer.
| Stakeholder: | Before Transaction | After Transaction | ||
|---|---|---|---|---|
| Shares | % of Capital | Shares | % of Capital | |
| Ms. N A Tharunya (Acquirer): | 94,157 | 0.19% | 40,74,157 | 8.18% |
| Ms. Nithya Arulsundaram (Seller): | 76,79,669 | 15.49% | 36,99,669 | 7.50% |
Corporate Information
The notification was signed by Arulsundaram Nithya, Wholetime Director and CFO (DIN: 00125357), and filed with both BSE Limited (Scrip Code: 533284) and National Stock Exchange of India Limited (NSE Symbol: RPPINFRA). The company's registered office is located in Erode, Tamil Nadu, with its corporate office in Chennai.
This inter-se transfer represents a restructuring of promoter holdings while maintaining overall promoter group control, with the transaction being conducted through a gift mechanism between immediate family members as permitted under SEBI regulations.
Historical Stock Returns for RPP Infra Projects
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.19% | -16.54% | -13.21% | -28.77% | -44.60% | +51.12% |


































