MKC Family Trust Acquires 11.22% Stake in Rashi Peripherals Through Promoter Gift Transfer

1 min read     Updated on 20 Dec 2025, 03:00 PM
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Overview

MKC Family Trust has acquired 73.92 lakh equity shares (11.22%) of Rashi Peripherals through an off-market gift transfer from promoter Keshav Choudhary on December 18, 2025. The transaction, disclosed on December 19, 2025, is an inter-se transfer among promoters. Prior to this, MKC Family Trust held no shares in the company. The company's total equity share capital remains unchanged at ₹32.95 crore.

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Rashi Peripherals has disclosed that MKC Family Trust acquired 73.92 lakh equity shares representing 11.22% of the company's total share capital through an off-market gift transfer from promoter Keshav Choudhary.

Transaction Details

The acquisition was completed on December 18, 2025, and disclosed to the stock exchanges on December 19, 2025, in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction represents an inter-se transfer among promoters, as MKC Family Trust is a family trust created for the benefit of the promoters.

Transaction Parameter Details
Shares Acquired 73,92,000 equity shares
Percentage Acquired 11.22%
Mode of Acquisition Gift (off-market transfer)
Transfer Date December 18, 2025
Transferor Keshav Choudhary (Promoter)
Transferee MKC Family Trust

Shareholding Pattern Changes

Prior to this transaction, MKC Family Trust held no shares in Rashi Peripherals. Following the acquisition, the trust now holds 73.92 lakh shares, representing 11.22% of both the total share capital and diluted share capital of the company.

Holding Details Before Acquisition After Acquisition
Shares Held 0 73,92,000
Percentage Holding 0.00% 11.22%
Voting Rights 0.00% 11.22%

Company Capital Structure

The company's equity share capital structure remains unchanged following this transaction. Rashi Peripherals maintains its total equity share capital of ₹32.95 crore, divided into 6.59 crore equity shares with a face value of ₹5.00 each.

Regulatory Compliance

The disclosure was filed with both BSE Limited (Scrip Code: 544119) and the National Stock Exchange of India Limited (Symbol: RPTECH) as required under Regulation 29(1) of SEBI regulations. Rashi Choudhary, serving as trustee of MKC Family Trust, signed the disclosure documents on behalf of the acquiring entity.

This transaction represents a restructuring of promoter holdings through the establishment of a family trust structure, which is a common practice among promoter groups for estate planning and succession purposes.

Historical Stock Returns for Rashi Peripherals

1 Day5 Days1 Month6 Months1 Year5 Years
-0.16%+0.13%+3.26%+17.02%-21.27%+7.37%
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Rashi Peripherals Seeks to Boost Borrowing Limit to Rs 3,500 Crore Amid Growth Plans

2 min read     Updated on 27 Nov 2025, 07:22 PM
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Reviewed by
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Overview

Rashi Peripherals Limited, an Indian IT distribution company, has proposed increasing its borrowing limit from Rs 2,500 crore to Rs 3,500 crore, a 40% increase. The company cites 'emerging market opportunities' as the reason for seeking additional funding capacity. Shareholders will vote on this proposal through e-voting from November 28 to December 27, 2025. The company's recent financial metrics show double-digit growth in assets and equity, potentially supporting the case for increased borrowing capacity.

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*this image is generated using AI for illustrative purposes only.

Rashi Peripherals Limited , a key player in the Indian IT distribution sector, has announced plans to increase its borrowing capacity, signaling potential expansion moves in a growing market.

Proposed Borrowing Limit Increase

The company has issued a postal ballot notice seeking shareholder approval to enhance its borrowing limit from Rs 2,500 crore to Rs 3,500 crore. This significant 40% increase in borrowing capacity suggests that Rashi Peripherals is gearing up for substantial growth initiatives.

Key Details of the Proposal

  • Current Borrowing Limit: Rs 2,500 crore
  • Proposed New Limit: Rs 3,500 crore
  • Increase Amount: Rs 1,000 crore
  • Percentage Increase: 40%

Voting Process

Shareholders will have the opportunity to vote on this proposal through an e-voting process:

  • Start Date: November 28, 2025
  • End Date: December 27, 2025
  • Voting Method: Remote e-voting

Rationale for Increased Borrowing

The company cites "emerging market opportunities" as the primary reason for seeking additional funding capacity. This move aligns with the company's recent financial performance and growth trajectory.

Financial Context

To provide context for this decision, let's look at some key financial metrics from Rashi Peripherals' recent balance sheet:

Metric Current Year (2025-03) 1 Year Ago (2024-03) Change
Total Assets 4,151.70 3,725.70 11.43%
Current Assets 4,070.10 3,618.80 12.47%
Total Equity 1,717.40 1,531.20 12.16%
Current Liabilities 2,428.60 2,185.60 11.12%

All figures in Rs crore

The company's assets and equity have shown double-digit growth over the past year, which may support the case for increased borrowing capacity to fuel further expansion.

Potential Implications

  1. Expansion Plans: The substantial increase in borrowing limit may indicate that Rashi Peripherals is planning significant expansions or acquisitions in the near future.

  2. Market Confidence: Seeking shareholder approval for such a large increase in borrowing capacity suggests that the management is confident about future growth prospects and their ability to service additional debt.

  3. Financial Flexibility: If approved, this increased limit will provide Rashi Peripherals with greater financial flexibility to respond to market opportunities quickly.

  4. Investor Scrutiny: Shareholders will likely scrutinize this proposal carefully, considering the company's current debt levels, growth plans, and overall financial health.

As Rashi Peripherals moves forward with this proposal, investors and market watchers will be keen to see how the company plans to utilize this potential increased borrowing capacity and what it might mean for the company's future in the competitive IT distribution landscape.

Shareholders are advised to carefully review the full postal ballot notice and consider the company's financial position and growth strategy before casting their votes on this significant financial decision.

Historical Stock Returns for Rashi Peripherals

1 Day5 Days1 Month6 Months1 Year5 Years
-0.16%+0.13%+3.26%+17.02%-21.27%+7.37%
Rashi Peripherals
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