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Rashi Peripherals board meeting outcome announcements

Every Rashi Peripherals board meeting outcome announcement on NSE and BSE, newest first, each with its own page.

16:53 IST NSE
Board Meeting OutcomeRashi Peripherals Ltd RPTECH

Rashi Peripherals Board Meeting Outcome

Rashi Peripherals Limited approved the incorporation of a wholly-owned subsidiary in India and a step-down subsidiary in Singapore. The company also authorized the ₹10 Crore acquisition of RP Tech Electronics Limited. Total approved investments across these strategic alignments amount to ₹90.01 Crore, to be implemented within one year.

Value
₹90.01 Cr
Execution
One year
13:41 IST BSE
Board Meeting OutcomeRashi Peripherals Ltd RPTECH

Rashi Peripherals Board Meeting Outcome

Rashi Peripherals approved the incorporation of a subsidiary in India (Rashi Semiconductor Solutions) and a step-down subsidiary in Singapore. It will also acquire 100% of RP Tech Electronics Limited from promoters for ₹0.01 Crore, with a ₹10 Crore investment plan. Total approved investment across these strategic alignments is ₹90.01 Crore, to be implemented within one year.

Value
₹90.01 Cr
Execution
One year