Rashi Peripherals Limited , a prominent player in the technology distribution sector, has announced significant changes in its key managerial personnel. The company has disclosed the resignations of two crucial executives, marking a notable shift in its leadership structure.

Resignation Details

The company has reported the following resignations:

Both resignations will be effective from the close of business hours on November 7, 2025.

Official Communication

Krishna Kumar Choudhary, Chairman & Whole-Time Director of Rashi Peripherals Limited, officially communicated this development to the stock exchanges. The company has adhered to the regulatory requirements by making this disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Impact and Next Steps

The simultaneous departure of the Company Secretary and Compliance Officer represents a significant change in Rashi Peripherals' corporate governance structure. These roles are crucial for ensuring regulatory compliance and maintaining effective communication with shareholders and regulatory bodies.

The company has not yet announced replacements for these positions. Stakeholders will likely be watching closely to see how Rashi Peripherals plans to fill these important roles and maintain continuity in its operations and compliance functions.

Market Implications

Changes in key managerial positions can often lead to short-term uncertainty. Investors and market analysts may be looking for signals from the company regarding its plans to ensure a smooth transition and maintain strong corporate governance practices.

Rashi Peripherals Limited has confirmed that both executives stated there are no material reasons for their resignations beyond those mentioned in their respective resignation letters. This transparency is crucial for maintaining investor confidence during this transition period.

As the company navigates these changes, stakeholders will be keen to observe any potential impacts on its operational efficiency and regulatory compliance in the coming months.

Rashi Peripherals Limited , a prominent player in the electronics peripherals sector, has secured a significant victory in a customs-related matter. The Principal Commissioner of Customs in Mumbai has ruled in favor of the company, canceling a substantial demand of ₹135 crore against Rashi Peripherals.

Key Details of the Ruling

The company received a favorable order from the Principal Commissioner of Customs (Import), Air Cargo Complex, Mumbai. Here are the essential details:

Impact on Financial Statements

The ₹135.00 crore demand, which was previously classified as a contingent liability in the company's financial statements, is now likely to be removed. This development significantly improves Rashi Peripherals' financial position by eliminating a substantial potential obligation.

Regulatory Compliance

In adherence to regulatory requirements, Rashi Peripherals has promptly informed the stock exchanges about this development. The company filed an intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), 2015, ensuring transparency with its stakeholders.

Market Implications

This favorable ruling may be well-received by investors and market analysts. The resolution of this customs dispute removes a significant financial uncertainty for Rashi Peripherals, potentially enhancing investor confidence in the company's operations and financial stability.

The cancellation of the ₹135.00 crore demand marks a positive turn for Rashi Peripherals, resolving a major customs-related issue and strengthening its financial outlook. As the electronics peripherals market continues to evolve, this development may position the company more favorably for future operations.