Fundraise / allotmentNotableFiled on BSE ·

Rashi Peripherals announces Board changes, share sale, and equity issuance plans

Rashi Peripherals · IT - Hardware

Arthneeti Research DeskPublished 1 min read
₹900 CrFundraise / allotment

Key highlights

  • Appointed Mr. Sanjeev Keskar as Additional Independent Director from Nov 5, 2026 to 2028 AGM, subject to shareholder approval
  • Approved strategic sale of 26% stake in wholly owned subsidiary Rashi Semiconductor Solutions Pvt Ltd to Restar Corporation, Japan via secondary sale
  • Proposed raising up to ₹900 crore through Qualified Institutions Placement (QIP) or preferential issue of equity shares in one or more tranches, subject to shareholder approval

Why it's rated notable: amount is ₹500 crore or more

Original filing

Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s

Read the filing on BSE (PDF) →

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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.