RRP Semiconductor Refutes Claims of ASIC Chip Orders Under Government Semiconductor Mission

1 min read     Updated on 28 Oct 2025, 08:47 PM
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Overview

RRP Semiconductor Limited has issued a clarification refuting claims about its participation in the Government's Semiconductor Mission program. The company stated it has not exported or received orders for ASIC chips under this initiative. It also denied receiving a Rs. 6.15 Crore export order or being named 'most trusted brand of Semiconductor 2025'. The company addressed concerns about share price movements, confirming a preferential allotment lock-in period and verifying no insider trading among key personnel. RRP Semiconductor emphasized its commitment to transparency and compliance with stock exchange regulations.

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

RRP Semiconductor Limited has issued a clarification regarding recent claims about its involvement in the Government's Semiconductor Mission program. The company has explicitly stated that it has neither exported nor received any orders for Application-Specific Integrated Circuit (ASIC) chips under this initiative.

Key Points from RRP Semiconductor's Statement

  • The company denies any involvement in ASIC chip exports or orders related to the Government Semiconductor Mission.
  • RRP Semiconductor refutes claims of receiving an export order worth Rs. 6.15 Crore from any source.
  • The company has not been awarded the tag of 'most trusted brand of Semiconductor 2025'.

Additional Clarifications

In a letter to the BSE Limited dated October 28, 2025, RRP Semiconductor addressed several other points:

  1. YouTube Video: The company stated it is unaware of a channel named 'Binita Invests' and has not viewed the video in question.

  2. Share Price Movements: RRP Semiconductor reiterated its earlier intimation from August 14, 2025, stating that the company's financials do not support the observed share price movements.

  3. Preferential Allotment: The company confirmed that 1,35,25,000 equity shares from a preferential allotment are under lock-in until March 31, 2026.

  4. Insider Trading: The company verified with all Key Managerial Personnel (KMP) and Directors that none of the Board members, Promoters, or KMPs are dealing with company shares or involved in off-market deals.

Transparency and Compliance

RRP Semiconductor emphasized its commitment to maintaining transparency by promptly communicating all significant material information to the Stock Exchange. The company has requested the Stock Exchange to take note of this clarification.

This statement from RRP Semiconductor serves to dispel any misconceptions about the company's involvement in government semiconductor initiatives and reaffirms its stance on corporate transparency and regulatory compliance.

Historical Stock Returns for RRP Semiconductor

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+2.00%+10.41%+51.56%+1,135.00%+12,803.99%+49,118.35%
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BSE Issues Cautionary Notice on RRP Semiconductor After 61,848% Stock Surge

1 min read     Updated on 21 Oct 2025, 08:24 PM
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Reviewed by
Ashish ThakurScanX News Team
Overview

The Bombay Stock Exchange (BSE) has implemented stringent measures for RRP Semiconductor Ltd. due to an extraordinary 61,848% stock price increase over 18 months. The company's share price rose from ₹15.00 to ₹9,292.20. BSE placed the stock under Enhanced Surveillance Measures, imposing trading restrictions including a 2% price band and 100% margin requirement. RRP Semiconductor denied associations with Sachin Tendulkar and refuted rumors of land allocation from the Maharashtra government. BSE advises investors to exercise caution when trading the company's securities.

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

The Bombay Stock Exchange (BSE) has raised a red flag for investors regarding RRP Semiconductor Ltd. , following an unprecedented surge in the company's stock price. The exchange has implemented stringent measures to curb potential market manipulation and protect investor interests.

Stock Price Anomaly

RRP Semiconductor's stock has witnessed a staggering rise over an 18-month period:

Metric Value
Initial Price (April 2024) ₹15.00
Current Price (October 2025) ₹9,292.20
Price Increase 61,848%
Time Period 18 months

This exponential growth has caught the attention of market regulators, prompting immediate action.

BSE's Regulatory Response

The BSE has taken several steps to address the situation:

  1. Enhanced Surveillance Measures (ESM): RRP Semiconductor has been placed under ESM due to the mismatch between its stock performance and financial fundamentals.

  2. Trading Restrictions:

    • Trade-for-trade settlement
    • 2% price band
    • 100% margin requirement
    • Trading limited to Periodic Call Auction within a +/- 2% price band

Company Clarifications

RRP Semiconductor has issued important clarifications:

  • No association with Sachin Tendulkar: The company denied any connection with the cricketer, stating he has never been a shareholder, board member, advisor, or brand ambassador.
  • Land allocation rumors: RRP Semiconductor refuted claims of receiving 100 acres of land from the Maharashtra government for plant setup.

Investor Advisory

The BSE has strongly advised investors to exercise due diligence and caution when trading in RRP Semiconductor's securities. This case serves as a reminder of the importance of thorough research and skepticism in the face of extraordinary market movements.

The regulatory action taken by BSE underscores the exchange's commitment to maintaining market integrity and protecting investor interests. As the situation develops, market participants will be closely watching for any further updates or regulatory measures concerning RRP Semiconductor Ltd.

Historical Stock Returns for RRP Semiconductor

1 Day5 Days1 Month6 Months1 Year5 Years
+2.00%+10.41%+51.56%+1,135.00%+12,803.99%+49,118.35%
RRP Semiconductor
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