Rashi Peripherals Limited
ICICI Prudential Mutual Fund sold 8,62,993 shares of Rashi Peripherals for ₹29.78 Cr at ₹345.09 apiece in a bulk deal.
A leading ICT product distributor in India, Rashi Peripherals operates across technology hardware, software, and peripherals distribution channels. Established in 1989, the company provides comprehensive after-sales services and technical support alongside product distribution. It serves as a critical intermediary connecting global technology manufacturers with retailers and corporate customers across the Indian market. The company maintains an extensive network to support IT infrastructure needs nationwide.
India's second-largest AMC by AUM with over Rs 9 lakh crore managed across 80+ schemes. Joint venture between ICICI Bank and Prudential plc. CIO S. Naren is one of India's most recognised value investors, known for contrarian macro calls and rotating across market caps well ahead of consensus. ICICI Pru's quarterly portfolio disclosures are among the most closely watched in the industry.