RRP Semiconductor Shifts Registered Office, Faces SEBI Scrutiny
RRP Semiconductor Ltd announced the shifting of its registered office from Mahape, Navi Mumbai to Andheri East, Mumbai, effective November 14, 2026. The Board of Directors also noted a significant issue regarding a ₹12 Crore cheque from Telecrown Infratech Private Limited, related to an MoU, which has not been handed over for legal proceedings. A mediator is attempting to recover the advance amount, with a fallback of equity share surrender. Additionally, SEBI has requested clarifications from Independent Directors and auditors concerning financial years 2024-25 and 2025-26. The company also reported its unaudited financial results for the quarter and half-year ended September 30, 2026, noting no business activity in the semiconductor segment during the quarter due to non-availability of support, with trading expected to commence after March 2027.
Key Highlights
- Registered office shifted to Andheri East, Mumbai.
- ₹12 Crore cheque issue with Telecrown Infratech unresolved.
- SEBI seeks clarifications on FY24-25 and FY25-26 financials.
- Unaudited results for Q2 FY27 reported.
- No semiconductor segment activity in Q2 FY27; trading post-March 2027.
Price Impact
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