Shares of RRP Defense Ltd gained nearly 2% on Thursday, trading at ₹345.45 on the BSE, after the company announced a significant step toward expanding its presence in the defense and innovation ecosystem.
In a regulatory filing dated August 20, 2025, the company disclosed that it has executed a term sheet with RRP Drones Innovation Private Limited and RRP S4E & Innovation Limited to acquire a majority stake in both entities. Following the completion of the transaction, RRP Defense will hold a controlling stake in the two companies, thereby strengthening its footprint in advanced defense and drone technologies.
The proposed acquisition is subject to due diligence, execution of definitive agreements, and fulfillment of applicable regulatory conditions. The company added that further details regarding the transaction, as required under SEBI regulations, will be shared after the finalization of the share acquisition agreement.
Formerly known as Euro Asia Exports Limited, RRP Defense has been actively diversifying into defense technology, innovation, and strategic tie-ups in recent years. The latest move aligns with the government’s growing emphasis on indigenous defense production and the integration of cutting-edge drone technologies into security and industrial applications.
The market welcomed the announcement, with the stock inching higher despite broader volatility. Analysts note that the deal, once completed, could significantly enhance RRP’s technological capabilities and open new revenue streams in the fast-growing drone and defense innovation sector.
