Rashi Peripherals Limited
Incorporated in 1989, Rashi Peripherals Limited distributes global technology brands in India specialising in Information and Communication Technology.
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Rashi Peripherals has successfully completed the Business Transfer Agreement with Rashi Semiconductor Solutions. This finalizes the previously announced business transfer, marking a key operational development for the company.
Rashi Peripherals has announced its 37th Annual General Meeting will be held virtually. Investors can access the FY2025-26 Annual Report via web-link, providing crucial insights into the company's performance and future outlook.
Rashi Peripherals' Board proposed a Rs. 2/- per share final dividend for FY26, subject to AGM approval. The company outlined its tax deduction at source process for this dividend, which varies based on shareholder status and documentation.
Rashi Peripherals announced a Joint Venture with Restar Corporation, a ~US$4 billion Japanese tech firm. RP tech will hold 74% and Restar 26% in a new subsidiary to boost its semiconductor and embedded solutions business, focusing on advanced image sensing.
Rashi Peripherals reported record Q1 FY27 financials: Revenue 5,101.9 Cr (+61.9% YoY), EBITDA 155.3 Cr (+50% YoY), Net Profit 104.6 Cr (+69.5% YoY). Key developments include acquiring 67% of VDA Infosolutions, partnering with WEKA for AI/HPC, and expanding branch network.