RPP Infra Projects Limited has reported an inter se transfer of equity shares between promoters under SEBI (Substantial Acquisition of Shares and Takeover) Regulations 2011. The company submitted the mandatory disclosure on 26/02/2026 regarding the transfer of shares to Ms. N A Tarunya, who acquired a significant stake through gift transactions from existing promoters.

Transaction Details

The share transfer involved the acquisition of 40,00,000 equity shares by Ms. N A Tarunya from two promoters of the company. The transaction was structured as a gift transfer between family members and completed on 24/02/2026.

Source of Share Transfer

The equity shares were transferred from two existing promoters as part of family succession planning:

• Mr. P. Arul Sundaram: Transferred 20,000 equity shares
• Mrs. A. Nithya: Transferred 39,80,000 equity shares

Both transferors are promoters of RPP Infra Projects Limited, and Ms. N A Tarunya is described as an immediate relative of the promoters.

Shareholding Changes

The transaction resulted in significant changes to the shareholding pattern among the promoter group:

Regulatory Compliance

The transaction was conducted under the exemption provided in Regulation 10(1)(a)(i) of SEBI SAST Regulations, which allows inter se transfers between promoters without triggering an open offer requirement. The company confirmed that:

• Prior disclosure under Regulation 10(5) was made on 14/01/2026 and 31/01/2026
• The transfer maintains continuity of promoter shareholding within the promoter group
• No change in control of the company has occurred

Strategic Rationale

The management stated that the transfer is part of family succession planning designed to ensure continuity of promoter shareholding within the promoter group. The transaction strengthens Ms. N A Tarunya's position in the company while maintaining the overall promoter structure and control mechanisms.

RPP Infra Projects Limited has secured a major infrastructure contract worth Rs 52,17,05,486 from the Water Resources Department of Tamil Nadu. The project involves comprehensive flood mitigation works for the establishment of Global Sports City at Semmancheri, Chennai, marking a significant addition to the company's order book.

Project Details and Scope

The contract encompasses multiple critical infrastructure components designed to enhance flood management capabilities in the region. The project scope includes formation of new tanks, construction of peripheral earthen drains, cut and cover channels, and capacity enhancement of surrounding tanks.

Contract Terms and Conditions

The tender was accepted at Rs 52,17,05,486, which represents a reduction of Rs 97,805 or 0.02% from the original estimate amount of Rs 5550.00 lakh. The company is required to provide a security deposit of Rs 1,04,34,110 (rounded to Rs 1,04,50,000) representing 2% of the contract value.

Administrative Framework

The contract award follows the 98th Tender Award Committee meeting held on February 17, 2026. The tender process commenced on January 21, 2026, with the deadline extended to January 30, 2026. The executing authority is the Superintending Engineer, Water Resources Department, Palar Basin Circle, Chepauk, Chennai.

RPP Infra Projects must sign the draft agreement within 15 days of receiving the acceptance letter. The security deposit must be furnished in the form of National Savings Certificate or Deposit Receipt, pledged in favor of "The Executive Engineer, WRD., Lower Palar Basin Division, Kancheepuram."

Regulatory Compliance

The company disclosed this contract award under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in compliance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The disclosure confirms that no promoter, promoter group, or group companies have any interest in the awarding entity, and the contract does not fall under related party transactions.