RPP Infra Projects Ltd , a prominent infrastructure company, has announced significant changes to its board composition. Two independent directors, Mr. Sundararajan and Mr. Nagadipudur Ramasamy Thangavel, have tendered their resignations effective November 18, 2025.

Key Details of the Resignations

Impact on Company Governance

The departure of these two independent directors marks a significant change in the company's board structure. Independent directors play a crucial role in ensuring corporate governance and protecting shareholder interests. Their resignation may necessitate the appointment of new independent directors to maintain the board's balance and comply with regulatory requirements.

Company's Response

RPP Infra Projects Ltd has acknowledged the contributions of both Mr. Sundararajan and Mr. Nagadipudur Ramasamy Thangavel during their tenure. The company's board has expressed its appreciation for their valuable input and service.

Regulatory Compliance

In line with the Securities and Exchange Board of India (SEBI) regulations, specifically Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has provided the necessary disclosures regarding the resignations. Both directors have confirmed that there are no material reasons for their departure other than those mentioned in their resignation letters.

Looking Ahead

As RPP Infra Projects Ltd navigates this transition, stakeholders will be keen to observe how the company addresses these vacancies and maintains the effectiveness of its board. The appointment of new independent directors, when announced, will be a key development to watch in the coming period.

This development underscores the importance of board composition and succession planning in maintaining strong corporate governance practices, especially for listed entities in the infrastructure sector.

RPP Infra Projects Limited, a prominent infrastructure development company, has released its financial results for the second quarter, showcasing a mixed performance with some positive indicators amidst revenue challenges.

Financial Highlights

The company reported the following key financial metrics for Q2:

Performance Analysis

Despite facing a decline in revenue, RPP Infra Projects demonstrated resilience in its operational efficiency. The company's EBITDA margin improved to 6.78% from 6.05% year-over-year, indicating better cost management and operational performance.

However, the company experienced a decrease in absolute EBITDA and net profit figures. The EBITDA dropped to 215.00 million rupees from 238.00 million rupees in the same period last year, while net profit declined to 151.00 million rupees from 183.00 million rupees.

Management's Perspective

The company's management has not provided specific comments on the Q2 results. However, the improved EBITDA margin suggests that RPP Infra Projects may be focusing on enhancing operational efficiency to mitigate the impact of revenue challenges.

Corporate Governance

As per the LODR (Listing Obligations and Disclosure Requirements) data, RPP Infra Projects Limited held a Board Meeting on November 13, where the unaudited financial results for the quarter and half-year ended September 30 were approved. This demonstrates the company's commitment to timely disclosure and compliance with regulatory requirements.

Conclusion

While RPP Infra Projects faces challenges in revenue growth, the improvement in EBITDA margin is a positive sign. Investors and stakeholders will likely keep a close watch on the company's future performance and strategies to navigate the current market conditions.

As the infrastructure sector plays a crucial role in India's economic development, RPP Infra Projects' performance in the coming quarters will be of interest to industry observers and investors alike.