Rashi Peripherals Limited

Rashi Peripherals Limited

Rashi Peripherals Limited has submitted a Monitoring Agency Report to CARE Ratings Limited for the Quarter Ended June 30, 2026. The report includes unaudited financial results, approval of transfer of embedded business, formation of a strategic joint venture, revision in investment limit, and other announcements.

Rashi Peripherals Limited

Rashi Peripherals Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32, including unaudited financial results, transfer of embedded business, formation of a strategic joint venture, revision in investment limit, convening of AGM, dividend recommendation, and allotment of equity shares to eligible employees.

Rashi Peripherals Limited

Rashi Peripherals Limited has announced a record date of August 14, 2026, for determining entitlement to a dividend of ₹ 2 per equity share for the financial year ended March 31, 2026.

Rashi Peripherals Limited

Rashi Peripherals Limited has submitted its unaudited financial results for the quarter ended June 30, 2026, along with a limited review report from the auditors. The Board of Directors has approved several key decisions, including the transfer of the embedded business to a wholly owned subsidiary, the formation of a strategic joint venture with Restar Corporation, Japan, and the revision of the investment limit in Rashi Semiconductor Solutions Private Limited.

Rashi Peripherals Limited

Rashi Peripherals Limited has informed the Exchange about Schedule of earnings conference call for Q1 FY 2026-27, to be held on August 5, 2026, post announcement of unaudited financial results for the quarter ended June 30, 2026.

Rashi Peripherals Limited

Rashi Peripherals Limited has submitted a confirmation certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, received from its Registrar and Share Transfer Agent, MUFG Intime India Private Limited, for the quarter ended June 30, 2026.

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.