BSERRP Semiconductor LtdHighNegative
Announced Tue, 28 Oct · 20:05 IST

ENCLOSED HEREWITH CLARIFICATION REQUIRED BY BSE W.R.T. REGULATION 30 OF SEBI LODR, 2015

Sebi InvestigationRegulatory & Legal View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

RRP Semiconductor Ltd has responded to a query from BSE's Surveillance and Investigation Department dated 27 October 2025, denying several claims apparently circulating in the market. The company states it has no connection to a YouTube channel called 'Binita Invests' and is not aware of any such promotional video. It denies ever receiving or exporting ASIC chips under the government Semiconductor Mission and denies any export order worth Rs. 6.15 Crore. It also denies being tagged as the 'most trusted brand of Semiconductor 2025.' The Board says no KMP, Director, or Promoter has been dealing in the company's shares in off-market transactions. The company highlights that 1,35,25,000 equity shares from a preferential allotment remain under lock-in until 31 March 2026, and reminds BSE that the stock was earlier shifted to the trade-to-trade segment despite these clarifications.

Likely market impact

This is a defensive clarification responding to BSE scrutiny of unusual share price movements and possibly misleading social media promotion. Investors should be cautious as the stock has shown sharp one-sided price moves that the company itself says are not supported by its financials, and ongoing BSE surveillance could lead to further action if clarifications are not satisfactory.