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.
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.
Rashi Peripherals Limited has scheduled a Board of Directors meeting for April 16, 2026. The meeting will be held to discuss and approve general business matters of the company.