Rashi Peripherals Limited (RPTECH)
Press Release on Proposed Joint Venture with Restar Corporation, Japan, approved by the Board of Directors of the Company at their Meeting held on August 4, 2026.
Rashi Peripherals approved a JV with Japan's Restar Corporation, launching Oct 2026.
- RP tech holds 74%, Restar 26% in Bengaluru-headquartered semiconductor subsidiary.
- JV targets advanced Image Sensing Solutions for automotive, industrial sectors.
- Plans 50+ local engineering hires, Japanese expert training over 2 years.
- Focus on Automotive Tier-1s, robotics, EMS/ECMS, surveillance, machine vision, AV, appliances.
Source: Original filing PDF
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PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
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