Rashi Peripherals Ltd approves Q2/H1 FY27 results and seeks shareholder approval for a fundraise of up to ₹900 crore.
- Fundraise proposed via QIP, preferential issue or other permitted modes, subject to applicable approvals.
- Board authorised agreements for a proposed secondary sale of 26% of Rashi Semiconductor Solutions to Japan’s Restar Corporation.
- Approved increasing authorised share capital from ₹35 crore to ₹50 crore; appointed Sanjeev Keskar as additional independent director and PwC Chartered Accountants LLP as joint statutory auditor.
- Limited review report on the unaudited results stated that nothing came to the auditor’s attention indicating a material misstatement.