Rashi Peripherals Limited submitted a formal response to both BSE Limited and the National Stock Exchange of India Limited regarding significant movement in the company's securities price. The communication was sent in reference to the exchanges' email dated June 18, 2026, seeking clarification on the price movement.
The company stated that it has consistently complied with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and maintains high standards of corporate governance. All material information and events having bearing on operations or performance, including disclosures required under Regulation 30 of SEBI LODR Regulations, are disclosed to stock exchanges in a timely and transparent manner.
The Board of Directors confirmed they evaluate potential acquisition and investment opportunities from time to time. The company stated that any proposal, after due diligence and upon approval by the Board, would be duly disclosed to stock exchanges in accordance with applicable regulatory requirements.
As of June 19, 2026, the company affirmed that to the best of their knowledge, there is no unpublished price-sensitive information or any material event requiring disclosure that may have bearing on the price or volume movement of the company's securities.
The management attributed the price movement to market-driven factors influenced by prevailing market conditions, stating they have no control over such price movements.
The company assured the exchanges of continued compliance with all applicable disclosure requirements and committed to promptly informing exchanges of any material developments as required under SEBI LODR Regulations.
The letter was signed by Krishna Kumar Choudhary, Chairman & Whole-time Director (DIN: 00215919), on behalf of Rashi Peripherals Limited.