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R.P.P. Infra Projects LimitedOthers, 14-07-2025: Related Party Transactions

14-07-2025 | 05:21 pm

The company has clarified a clerical error regarding a related party transaction with RPP-Dhanya JV. The transaction was inadvertently reported as exceeding a key materiality threshold for shareholder approval. The actual transaction value for 2024-25 totaled 5.80 Crores. This amount represents only 0.42% of the company's 2023-24 consolidated turnover of 1353 Cr. As the transaction did not reach the 10% materiality limit, shareholder approval was not required. This update reassures investors about the proper classification of the transaction, confirming it does not fall under the "material" category requiring a shareholder vote.

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