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RPP Infra Projects Limited, incorporated in 1995, is engaged in construction across multiple infrastructure verticals like roads, buildings, industrial structures, power, irrigation and waste management.
RPP Infra's Rs. 205.89 Cr work order for the Chennai Global Sports City project has been terminated by Sports Development Authority of Tamil Nadu (SDAT) due to project restructuring. The company incurred substantial expenditure and is evaluating financial and legal implications.
RPP Infra Projects' Promoter, Ms. A Nithya, has disposed of 1,092,242 equity shares through the stock exchange. This sale provides insight into insider activity for retail investors. The filing did not specify the transaction's value or the change in her shareholding percentage before and after this significant event.