Board Meeting14 Nov 2026, 06:03 pm
RRP Semiconductor Ltd Board Meeting Outcome
AI Summary
RRP Semiconductor Ltd held a Board Meeting on November 14, 2026. Key decisions included shifting the registered office to Mumbai and noting a non-handed over cheque of ₹12 Crores related to an MOU. The company was also informed about SEBI seeking clarifications from independent directors and auditors for FY24-25 and FY25-26. Unaudited financial results for Q2 FY27 were presented. No business activity in the semiconductor segment was reported for Q2 FY27 due to non-availability of support, with trading expected to commence after March 2027.
Key Highlights
- Registered office shifted to Mumbai effective November 14, 2026.
- ₹12 Crores cheque related to MOU not yet received; mediation ongoing.
- SEBI seeking clarifications for FY24-25 and FY25-26 from directors/auditors.
- Unaudited financial results for Q2 FY27 were presented.
- No semiconductor segment activity in Q2 FY27; trading expected post-March 2027.
Price Impact
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