RRP Semiconductor Ltd — Important, 03-11-2025: Company Update
03-11-2025 | 05:03 pm
03-11-2025 | 05:03 pm
RRP Semiconductor Limited has filed a police complaint regarding false and misleading content disseminated on social media, which has caused unusual share price movements. The company clarified it has not started semiconductor manufacturing, is not exporting ASIC chips, and has not conducted Rs. 6.15 Crore in export business. It also stated it has no association with any government mission or celebrity. The company noted that 99% of its preferential shares are locked in until March 2026. It expressed concern that unauthorized investment advice could mislead investors, potentially leading to losses, and requested investigation into the perpetrators.
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