Key Event Details
Deloitte Haskins & Sells LLP (Firm Registration No. 117366W/W-100018) has ceased as Joint Statutory Auditor of Rashi Peripherals Limited effective October 16, 2026. The cessation is due to ineligibility under section 141(3)(e) of the Companies Act, 2013, resulting from Rashi Peripherals' recent acquisition of controlling ownership interest in VDA Infosolutions Private Limited, with which Deloitte has certain business relationships.
Auditor Tenure and History
Deloitte was appointed at the 37th Annual General Meeting held on September 9, 2026, with tenure scheduled until the conclusion of the 42nd Annual General Meeting (financial year ending March 31, 2031). Their most recent audit report was for FY2026 financial statements dated May 14, 2026, and limited review report for Q1 FY2027 dated August 4, 2026.
Subsidiary Impact
Deloitte has simultaneously ceased as Statutory Auditor of Rashi Semiconductor Solutions Private Limited (wholly owned subsidiary) for the same eligibility reasons. They were appointed until the conclusion of the 1st Annual General Meeting (financial period ending March 31, 2027).
Continuing Auditor
M/s. Pipara & Co. LLP, Chartered Accountants (FRN: 107929W / W-100219) continue as Joint Statutory Auditors for their remaining tenure.
Company Response
Rashi Peripherals has expressed appreciation for Deloitte's services and has initiated the process to identify suitable reputed firms to fill this casual vacancy. The company will make necessary disclosures upon completion of the appointment process in accordance with regulatory requirements.