R.P.P. Infra Projects Limited — Board Meeting, 26-03-2025: Outcome of Board Meeting

RPP Infra Projects Ltd has announced a board meeting outcome where it approved the purchase of approximately 120 acres of land near the proposed new Chennai Airport for a cost of around ₹75 crores. This strategic acquisition will allow the company to explore various development opportunities, including logistics parks, warehousing, and data centres, aimed at optimizing the asset's value and aligning with the company’s broader interests. The transaction is classified as a related party transaction, executed at arm's length, suggesting due diligence was performed.