Outcome of Board Meeting

June 23, 2026 Listing Operation Department Listing Compliance Department BSE Limited The National Stock Exchange of India Limited P.J. Towers, Dalal Street, Exchange Plaza, C-1, G Block, Bandra-Kurla Complex, Mumbai – 400001 Bandra (E) Mumbai – 400051 Scrip Code: 544119 Symbol: RPTECH Sub: Outcome of Board Meeting held on June 23, 2026 pursuant to Regulation 30 of the Securities and Exchange Board of India (“SEBI”) (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Dear Sir/Madam, Further to the intimation of meeting of Board of Directors (“Board”) of Rashi Peripherals Limited (“Company”) dated 20th June, 2026 and in compliance with Regulation 30 of the Securities and Exchange Board of India (“SEBI”) (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we hereby inform that the Board of directors at its meeting held today, i.e. Tuesday, 23rd June, 2026 inter alia, evaluated the opportunities for acquisition / investments, and approved as below: 1. Acquisition of 67% equity stake in VDA Infosolutions Private Limited (“VDA”) Rashi Peripherals Limited (“RP tech”) (“the Company”) to enter into De(cid:976)initive Agreements for acquisition of 67% stake in the paid-up equity share capital of VDA Infosolutions Private Limited (“VDA”) for a cash consideration of INR 368.50 Crores, subject to completion of customary closing conditions. VDA established in 2010, is in the business of Enterprise technology and digital solutions space. Further, pursuant to the above acquisition of shares, VDA will become a subsidiary of the Company. In terms of Regulation 30 and other applicable provisions of the SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026, further details of the said acquisition are enclosed herewith as Annexure – A. 2. Recommendation for Re-appointment of Auditors for second tenure. Based on the recommendation of Audit Committee and subject to the approval of Shareholders of the Company at the ensuing AGM, the Board has recommended the Re-appointment of Deloitte Haskins & Sells LLP (Firm Registration No. 117366W/W-100018) as the Statutory Auditors of the Company to hold of(cid:976)ice for their second term of 5 ((cid:976)ive) years from the conclusion of 37th AGM in 2026 till the conclusion of 42nd AGM in 2031. Rashi Peripherals Limited Regd. Office: Ariisto House, 5th Floor, Corner of Telli Galli, Andheri (East), Mumbai, Maharashtra – 400069, India • Tel: +91-22-6177 1771 | Fax +91-22-61771999 • www.rptechindia.com • investors@rptechindia.com | CIN: L30007MH1989PLC051039 In terms of Regulation 30 and other applicable provisions of the SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026, the information required in respect of item no. 2 is given in the Annexure – B. The Board Meeting commenced at 5:00 P.M. and concluded at 6:19 P.M. Yours faithfully, For RASHI PERIPHERALS LIMITED Arvind Bajoria Company Secretary and Compliance Of(cid:976)icer Rashi Peripherals Limited Regd. Office: Ariisto House, 5th Floor, Corner of Telli Galli, Andheri (East), Mumbai, Maharashtra – 400069, India • Tel: +91-22-6177 1771 | Fax +91-22-61771999 • www.rptechindia.com • investors@rptechindia.com | CIN: L30007MH1989PLC051039 Annexure - A Details with respect to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and as per Master Circular No. Ho/49/14/14(7)2025-Cfd-Pod2/I/3762/2026 Dated 30th January 2026 on Acquisition of Equity Shares of VDA Infosolutions Private Limited. Sr. No. Particulars Details 1 Name of the target entity, details VDA Infosolutions Private Limited (CIN: in brief such as size, turnover etc. U72900MH2010PTC198543), a Mumbai-based information technology (IT) solutions and services company. Brief details of its net worth, total assets as on March 31, 2026 and turnover (including other income), as per provisional (cid:976)inancials, for the year ended 31st March, 2026, are set out below; Amount (in Crores) Net Worth Turnover Total Assets 234.22 850 427.43 2 Whether the acquisition would N o, the transaction is not a related party fall within related party transaction and none of the promoter/ promoter transaction(s) and whether the group/ group companies have any interest in the promoter/ promoter group/ entity being acquired. group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”. 3 The industry to which the entity Enterprise technology & digital infrastructure being acquired belongs. solutions: Cloud Technology, Cybersecurity, Data Protection, Virtualization, Storage along with IT Consulting services, DevOps and Infrastructure management and transformation services 4 Objects and impact of This acquisition complements the Company's acquisition (including but not core IT products distribution business and offers limited to, disclosure of reasons a strategic opportunity for forward integration in for acquisition of target entity, if the enterprise technology and digital its business is outside the main infrastructure solutions space line of business of the listed entity. 5 Brief details of any No prior approval of any government / governmental or regulatory regulatory authority is required approvals required for the Acquisition. 6 Indicative time period for Staggered acquisition: 67% upfront in the (cid:976)irst completion of the acquisition. tranche and the balance 33% in three equal Rashi Peripherals Limited Regd. Office: Ariisto House, 5th Floor, Corner of Telli Galli, Andheri (East), Mumbai, Maharashtra – 400069, India • Tel: +91-22-6177 1771 | Fax +91-22-61771999 • www.rptechindia.com • investors@rptechindia.com | CIN: L30007MH1989PLC051039 Sr. No. Particulars Details annual tranches of 11% each, by 31 August 2027, 31 August 2028 and 31 August 2029 respectively. Full 100% acquisition is expected to be completed by August 2029. 7 Nature of consideration - Consideration to be paid fully in cash (by way of whether cash consideration or cheque or Bank Transfer) share swap or any other form and details of the same. 8 Cost of acquisition and/or the 67% stake for a consideration of Rs. 368.50 price at which the shares are Crores (at a minimum valuation of Rs. 550 acquired Crores) 9 Percentage of shareholding / 100% of the equity share capital (2,40,000 equity control acquired and / or shares of Rs. 10/- each) to be acquired in three number of shares acquired. tranches – First tranche: 67% and thereafter 11% in each of the three subsequent annual tranches 10 Brief background about the VDA Infosolutions Private Limited, (CIN: entity acquired in terms of U72900MH2010PTC198543) incorporated in products/line of business 2010 under the Companies Act, 1956, having its acquired, date of incorporation, registered of(cid:976)ice at Mumbai, Maharashtra, India. history of last 3 years turnover, country in which the acquired Line of business: Enterprise technology & entity has presence and any digital infrastructure solutions: Cloud other signi(cid:976)icant information (in Technology, Cybersecurity, Data Protection, brief). Virtualization, Storage along with IT Consulting services, DevOps and Infrastructure management and transformation services Geographic presence: Pan-India. Aggregate Income for the last three (cid:976)inancial years FY 2023-24 – Rs 772 crore FY 2024-25 – Rs 1035 crore FY 2025-26 – Rs 850 crore (Unaudited) Rashi Peripherals Limited Regd. Office: Ariisto House, 5th Floor, Corner of Telli Galli, Andheri (East), Mumbai, Maharashtra – 400069, India • Tel: +91-22-6177 1771 | Fax +91-22-61771999 • www.rptechindia.com • investors@rptechindia.com | CIN: L30007MH1989PLC051039 Annexure - B Details with respect to Regulation 30 read with Part A of Schedule III o [Showing first 8,000 characters — download PDF for full document]