Rashi Peripherals Approves Financial Results, JV, and Dividend

Rashi Peripherals Ltd's Board of Directors met on August 4, 2026, to approve the unaudited financial results for the quarter ended June 30, 2026. The board also approved a strategic business reorganisation involving the transfer of the embedded business to subsidiaries, Rashi Semiconductor Solutions Private Limited and Rashi Semiconductor Solutions Pte Limited, on a slump sale basis. A joint venture with Restar Corporation, Japan, for the embedded business was also approved. The investment limit in Rashi Semiconductor Solutions Private Limited was revised upwards to ₹150 Crores. The company will hold its 37th AGM on September 9, 2026, and has fixed August 14, 2026, as the record date for a recommended dividend of ₹2 per equity share. Additionally, 5,06,081 equity shares were allotted under the ESOP scheme, increasing the paid-up share capital.