Rashi Peripherals Limited has announced that its management representatives will participate in the Choice InsightX Virtual Conference organised by Choice Broking Ltd. The event is scheduled for June 10, 2026, from 1:00 PM to 2:00 PM via video conferencing. The disclosure was made to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company stated that no unpublished price-sensitive information (UPSI) is intended to be discussed during the interactions. The participation serves as a platform for engagement with investors without disclosing material non-public information.

The intimation was submitted to the Listing Operation Department of BSE Limited and the Listing Compliance Department of The National Stock Exchange of India Limited. The communication was signed by Arvind Bajoria, Company Secretary and Compliance Officer of Rashi Peripherals Limited .

Rashi Peripherals Limited has received an order from the Principal Commissioner of Customs confirming a demand of Rs 8.02 crore, including differential duty and penalties, following an adjudication proceeding. The order, dated May 29, 2026, was received by the company on May 30, 2026, and confirms the demand for customs duty, interest, and penalty under Section 28(4) of the Customs Act, 1962. The authority alleged that the company made a wrong classification of imported goods, leading to the additional liability.

The breakdown of the confirmed demand includes a differential duty demand of Rs 3.76 crore and two separate penalties under Sections 114A and 114AA of the Customs Act. The company had already paid Rs 1.82 crore under protest on August 22, 2025, reducing the net payable amount to Rs 6.19 crore, excluding applicable interest. The demand will be classified as a contingent liability in the company's financial statements.

Breakdown of Demand

Legal and Financial Impact

The order stems from a Show Cause Notice (SCN No. 477/2025-26) issued on December 2, 2025. The Principal Commissioner of Customs (Import), Air Cargo Complex, Andheri (East), Mumbai, passed the final adjudication order confirming the allegations. The company stated that it is currently in discussion with its legal advisors regarding the filing of an appeal before the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) against the order.