RPP Infra Projects Limited Announces Promoter Share Transfer Under SEBI SAST Regulations

1 min read     Updated on 01 Feb 2026, 09:57 AM
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Overview

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

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 Day5 Days1 Month6 Months1 Year5 Years
-1.19%-16.54%-13.21%-28.77%-44.60%+51.12%

RPP Infra Projects Ltd Announces Promoter Share Transfer by Way of Gift

1 min read     Updated on 16 Jan 2026, 10:59 AM
scanx
Reviewed by
Ashish TScanX News Team
Overview

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.

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*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 Day5 Days1 Month6 Months1 Year5 Years
-1.19%-16.54%-13.21%-28.77%-44.60%+51.12%

More News on RPP Infra Projects

1 Year Returns:-44.60%