RRP Semiconductor Refutes Claims of ASIC Chip Orders Under Government Semiconductor Mission
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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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:
- YouTube Video: The company stated it is unaware of a channel named 'Binita Invests' and has not viewed the video in question. 
- 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. 
- Preferential Allotment: The company confirmed that 1,35,25,000 equity shares from a preferential allotment are under lock-in until March 31, 2026. 
- 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
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years | 
|---|---|---|---|---|---|
| +2.00% | +10.41% | +51.56% | +1,135.00% | +12,803.99% | +49,118.35% | 
































