Rashi Peripherals Limited

Rashi Peripherals Limited

Rashi Peripherals Limited has informed the Exchange about Credit Rating by CRISIL, reaffirming the Credit Ratings of the Company (Long term rating: CRISIL AA-, Stable / Short Term rating: CRISIL A1+).

Rashi Peripherals Limited

Rashi Peripherals Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015. The trading window will be closed from July 1, 2026, till 48 hours from the declaration of Unaudited Standalone and Consolidated Financial Results for the quarter ending June 30, 2026.

Rashi Peripherals Limited

Rashi Peripherals Limited announced its strategic acquisition of an upfront 67% stake in VDA Infosolutions Pvt. Ltd. for a cash consideration of INR 3.68 billion, valuing VDA at INR 5.5 billion equity. VDA, with FY26 revenue of approximately INR 8.5 billion, specializes in enterprise technology and digital infrastructure solutions, including cloud, cybersecurity, and data protection. This move enables Rashi Peripherals to expand its value chain from ICT distribution into fast-growing enterprise IT solutions and services, capitalizing on accelerating demand in areas like cloud infrastructure, AI, and cybersecurity.

Rashi Peripherals Limited

Rashi Peripherals Limited announced its strategic acquisition of a 67% stake in VDA Infosolutions Private Limited for INR 3.68 billion, valuing VDA at INR 5.5 billion. VDA, with FY26 revenue of approximately INR 8.5 billion, specializes in enterprise technology and digital infrastructure solutions, including cloud, cybersecurity, and data protection. This acquisition transforms Rashi Peripherals from an ICT distributor into an integrated technology solutions and services provider, targeting high-growth segments like enterprise cloud and AI-enabled IT. The remaining 33% stake will be acquired over three years, positioning the company for accelerated growth in the digital infrastructure space.

Rashi Peripherals Limited

Rashi Peripherals Limited announced the acquisition of a 67% equity stake in VDA Infosolutions Private Limited for a cash consideration of INR 368.50 Crores. VDA, established in 2010, operates in the enterprise technology and digital solutions space with a turnover of INR 850 Crores as of March 2026. This acquisition is a strategic move for forward integration, complementing Rashi Peripherals' core IT products distribution business by expanding into high-growth areas like cloud, cybersecurity, and data protection. The Board also recommended the re-appointment of Deloitte Haskins & Sells LLP as statutory auditors for a second term.

Rashi Peripherals Limited

Rashi Peripherals Limited has approved the acquisition of a 67% equity stake in VDA Infosolutions Private Limited for a cash consideration of INR 368.50 Crores. VDA, an IT solutions and services company, specializes in enterprise technology and digital solutions like cloud, cybersecurity, and data protection. This strategic acquisition aims to complement Rashi's core IT products distribution business and facilitate forward integration into the enterprise technology sector. The company also recommended the re-appointment of Deloitte Haskins & Sells LLP as statutory auditors for a second five-year term, subject to shareholder approval.

Rashi Peripherals Limited

Rashi Peripherals Limited responded to a clarification request from the Exchange concerning a significant movement in its share price. The company stated it consistently complies with SEBI regulations and maintains high corporate governance standards, ensuring timely disclosure of all material information. They confirmed that there is no new undisclosed information or event that could explain the recent price fluctuation. For investors, this indicates the company has not identified any specific internal reason for the observed market activity, implying the movement may be market-driven.

Rashi Peripherals Limited

Rashi Peripherals Limited has observed significant price movement, prompting the exchange to seek information from the company.