R.P.P. Infra Projects Limited — Important, 23-04-2025: Updates

R.P.P. InfraProjects Ltd has entered into an agreement to acquire 120 acres of land near the proposed new Chennai Airport. The company has completed the registration of 90.175 acres of this land for a total consideration of ₹88.54 crore. The acquired parcels are strategically located close to major industrial players like Samsung and Hyundai within Kancheepuram District.

The company is now exploring various development opportunities for this prime asset, including logistics parks, warehousing, and data centers, aimed at maximizing value. This acquisition could enhance R.P.P. Infra’s operational capacity and align with long-term strategic goals. Investors should watch closely as the developments unfold, given the potential for growth emanating from this strategic location.