5332842026-10-075332842026-10-07in-capmkt:AmendmentOrTerminationOfOrdersOrContractsMember5332842026-10-07in-capmkt:AmendmentOrTerminationOfOrdersOrContractsMemberRPPINFRAR P P Infra Projects Limited533284NOTLISTEDINE324L01013Awarding, Bagging/Receiving, Amendment or termination of orders/contracts (Sub-para 4-Para B)Amendment or termination of orders/contractsNewfalse2026-10-0717:58:002026-10-07RPP Infra Projects (Lanka) Limited, a subsidiary of R.P.P. Infra Projects Limited, and Wills Realtors (Private) LimitedDevelopment of the Sri Lankan Residential Complex project named “Legend 96”2025-01-282026-10-07Delay in obtaining requisite approvals, challenges in arranging project financing, non-availability of the project land as security for the proposed financing, and the proposed dilution of the agreed revenue-sharing arrangement. Accordingly, RPP Infra has decided to withdraw from the project and has communicated the same to Wills Realtors vide letter dated 7th October 2026. The withdrawal is not expected to have any material adverse impact on the ongoing operations of the Company. The Company is in the process of recovering the expenditure incurred in connection with the initial stages of the project with Wills Realtors. |