Indian Link Chain Manufacturers Ltd has entered into an agreement to acquire a majority stake in RRP Electronics Ltd, marking its strategic entry into the semiconductor and high-technology electronics space. RRP Electronics operates in advanced electronics, including semiconductor assembly and testing (OSAT), electro-optics, and medical device components. Post the transaction, the company plans to rebrand as RRP Electronics India Ltd, signalling a structural shift away from traditional chain manufacturing toward high-value electronics and semiconductor manufacturing. The deal terms were not disclosed. The acquisition represents a business model pivot and sector re-rating trigger, aligning the company with India’s broader electronics manufacturing push, but also introduces execution and integration risk given the sharp diversification.

Indian Link Chain Manufacturers to acquire majority stake in RRP Electronics