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DefencePre-market

RRP Defense expands drone capabilities with ₹226.88 crore acquisition

pre-market1 source ↓written by the desknot a recommendation

Limited valued
₹226.88 crore
issue
1,27,45,935 equity shares
to gain
₹178 per share
to gain
100% stake

RRP Defense Limited has approved a share swap acquisition of RRP Drone Innovation Private Limited valued at ₹226.88 crore. The company will issue up to 1,27,45,935 equity shares at ₹178 per share to gain a 100% stake, enhancing its position in the drone sector. This strategic move may boost investor sentiment in the defense industry.

• Deal Value: ₹226.88 crore

• Share Issuance: 1,27,45,935 shares

• Issue Price: ₹178 per share

• Target: 100% stake in RRP Drone Innovation

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 8 Nov 2025, 07:07 IST.

Sourcesnews.google.com

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