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RRP Semiconductor Denies Sachin Tendulkar Link as Stock Hits New Highs on Thin Float

The company disclosed that 99% of preferentially allotted shares are locked until March 31, 2026.

Overview

  • Shares rose 2% on Tuesday to ₹8,584.75 on the BSE, taking year-to-date gains to about 4,528% and roughly 13,000% over a year.
  • In an exchange filing, RRP Semiconductor said Sachin Tendulkar has no investment, role, or association with the company.
  • The company refuted reports of a 100-acre land allotment in Maharashtra and said its financials do not justify the stock’s surge.
  • It flagged an extremely small public float of about 4,000 shares in demat form and stated that no board member or key managerial personnel has traded the stock.
  • The BSE page notes a trailing price-to-earnings multiple above 50 for four quarters, while RRP reported FY25 revenue of ₹31.59 crore and net profit of ₹8.4 crore.