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Rashi Peripherals to make investment of up to Rs 14 crore in Satcom

14 Jan 2025 Evaluate

Rashi Peripherals has received an approval to make an investment of up to Rs 14 crore by way of acquisition of equity shares in Satcom Info Tech (Satcom). In this regard, the company will execute a Share Purchase Agreement (SPA) with promoters/shareholders of Satcom Info Tech and Satcom Info Tech for acquisition of the said shares. The Board of Directors at its meeting held on January 13, 2025 has approved the same. 

The strategic acquisition aims to widen the scope/base of the product portfolio and post-acquisition, Satcom Info Tech would become a subsidiary of the company.

Rashi Peripherals is primarily engaged in distribution of computer and peripheral devices.


Rashi Peripheral Share Price

455.25 -1.55 (-0.34%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Redington 234.90
Adani Enterprises 2218.35
Amrapali Industries 17.53
Rashi Peripheral 455.25
PDS 301.45
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