ALPHA TRIBE

Rashi Peripherals LimitedOthers, 01-05-2025: Action(s) taken or orders passed

01-05-2025 | 02:49 pm

Rashi Peripherals Limited faces a chargesheet filed in Mumbai against the company and some directors, including two independent directors, based on a customer complaint alleging wrongdoing. The company denies these claims, calling them baseless, and is actively pursuing legal action to defend its position. It does not anticipate any significant effect on its financials, operations, or reputation. Additionally, Rashi has initiated recovery proceedings for Rs. 1.38 crore outstanding from the same customer related to supplied goods.

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