RRP Defense
864.15
-8.70(-1.00%)
Market Cap₹1,185.47 Cr
PE Ratio476.97
Company Performance:
1D-1.00%
1M-3.93%
6M+217.00%
1Y+3,079.36%
5Y+15,611.82%
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More news about RRP Defense
22Sept 25
RRP Defense Unveils AI-Enhanced Vision Systems at East Tech 2025, Revolutionizing Battlefield Awareness
RRP Defense Ltd showcased advanced AI-integrated vision systems at East Tech 2025 in Ranchi, including Thermal Weapon Sights, Handheld Thermal Imagers, and PTZ Ground Surveillance Systems. These innovations feature multi-spectral integration, squad warfare AI, and adaptive enhancement algorithms. The company is collaborating with FieldX Technologies for complete indigenization of AI algorithms, aligning with the 'Make in India' initiative. The systems are designed to operate in extreme conditions, from -40°C to +55°C, and aim to transform battlefield awareness for the Indian Armed Forces.
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15Sept 25
RRP Defense Secures Rs. 2.80 Crore Order for Thermal Imaging Equipment
RRP Defense Ltd has been awarded a Letter of Intent from Kalyani Strategic Systems Limited for supplying 40 units of Hand-held Thermal Imager PR110 MF, valued at Rs. 2.80 crores. The contract involves delivering 14 units by FY 2025-26 and 26 units by FY 2026-27, each priced at Rs. 7.00 lakh. This order strengthens RRP Defense's position in the Indian defense market, showcases their technological capabilities, and provides long-term revenue visibility.
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06Sept 25
Euro Asia Exports Allots 50 Lakh Equity Shares, Raises Rs 5 Crore
Euro Asia Exports Limited has completed a preferential allotment of 50,00,000 equity shares at Rs 10 per share to non-promoter investor Mr. Rajendra Kamalkant Chodankar, raising Rs 5 crore. This increases the paid-up equity share capital from Rs 3.72 crore to Rs 8.72 crore. The promoter group's shareholding decreases from 6.83% to 2.91%, while public shareholding rises to 97.09%. An Extraordinary General Meeting is scheduled for May 5, 2025, via video conferencing.
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06Sept 25
RRP Defense Limited Appoints New Statutory Auditor Amid Accounting Concerns
RRP Defense Limited's statutory auditor, A Arora & Co., has resigned citing lack of response regarding inconsistencies in the company's books. The company has appointed M/s. TDK & Co. as the new auditor effective June 6, 2025. A board meeting originally scheduled for June 5 has been postponed. These events raise questions about the company's financial transparency and may lead to increased scrutiny of its financial reporting.
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20Aug 25
RRP Defense to Acquire Majority Stakes in Two Subsidiaries
RRP Defense has announced plans to acquire majority stakes in two subsidiaries: RRP Drones Innovation Private Limited and RRP S4E & Innovation Limited. The company has executed a Term Sheet with both entities, subject to due diligence, definitive agreements, and applicable conditions. This strategic move aims to strengthen RRP Defense's position in drone technology and innovation services. Further details will be disclosed after the execution of the share acquisition agreement and completion of due diligence.
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18Aug 25
RRP Defense Limited Provides Additional Details on Statutory Auditor Resignation
RRP Defense Limited submitted additional information to BSE regarding the resignation of its statutory auditor, A Arora & Co. The auditor's appointment began on September 25, 2024, with an original term expiry of September 24, 2029. The resignation was announced on June 6, 2025. The company clarified that detailed reasons for the resignation are in the attached letter. No concerns were raised by the auditor prior to resignation, and all requested information was provided. The company confirmed no other relevant facts beyond those in the resignation letter.
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RRP Defense
864.15
-8.70
(-1.00%)
1 Year Returns:+3,079.36%
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