Rashi Peripherals Board approved incorporation of Indian WOS Rashi Semiconductor Solutions with ₹80 crore investment.
Board approved formation of Singapore step-down subsidiary Rashi Semiconductor Solutions Pte. Ltd. for strategic alignment.
Company will acquire 100% of RP Tech Electronics from promoters for ₹1 lakh consideration, requiring ₹10 crore investment.
Disclosure made pursuant to SEBI LODR Regulation 30 within 30 minutes of board meeting conclusion.