RPP Infra shares fall after work order termination

RPP Infra Projects

28/08/2026 08:30

** RPP Infra Projects' RPPI.NS shares fall as much as 6.1% to 54.02 rupees; stock last down 5.3% at 54.48 rupees
** Stock on track for biggest intraday percentage loss since June 1, 2026
** Infrastructure company says Sports Development Authority of Tamil Nadu terminates 2.06 billion rupees work order for Global Sports City, Chennai
** RPP says it had commenced activities under the order and incurred substantial expenditure towards the project
** Adds it is evaluating financial and other implications arising from the termination, including rights and remedies under the contract
** Stock down 46.1% YTD

 (Reporting by Payel Das in Bengaluru)
 ((payel.das@thomsonreuters.com))