Euro Asia Exports Ltd — Updates, 12-07-2025: Company Update

RRP Defense Ltd.

Date: 12

th July, 2025

To,

The Manager,

The BSE Limited

Phiroze Jeejeebhoy Towers,

Dalal Street, Mumbai 400001.

Scrip Code: 530929

Company Symbol: EUROASIA

Subject: Strategic MoU Signed with CYGR (France) for Drone Manufacturing JV

Pursuant to regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)

Regulations, we are pleased to inform that RRP group has signed a Memorandum of

Understanding (MoU) with CYGR, a Franco-American and drone technology company, to

establish a Joint Venture (JV) focused on manufacturing advanced drone systems in India

under the Make in India initiative.

The JV will be structured with RRP Defense Limited (“Company”) holding 90% and CYGR

holding 10%. The venture will include a state-of-the-art drone manufacturing facility along

with a dedicated R&D centre in Navi Mumbai.

This collaboration aims to produce next-generation drone systems tailored for defence,

surveillance, and strategic applications, with a strong focus on local manufacturing,

technology transfer, and skill development.

A formal press conference is scheduled on Tuesday to announce further details.

This initiative marks a significant step towards India’s technological and defence self-

reliance under the Atmanirbhar Bharat vision.

This is for your information and records.

Thanking you,

Yours Faithfully,

For, RRP Defense Limited,

(Formerly known as Euro Asia Exports Limited)

Rajendra Kamalakant Chodankar

Managing Director

DIN: 00665008

Regd. Office: Plot No. 3-A, 1st Floor, BLK-X, Loha Mandi, Naraina Industrial Area, New Delhi-110028

Corporate

Office : 2nd Floor, Plot No. B-103, South City -

I, Gurugram, Haryana - 122001

CIN: L51909DLI98IPLC01262I, Ph.: 0124-4577739, Email ID: info@euroasiaexportsltd.com

www.euroasiaexportsltd.com

----------------Page (0) Break----------------