MosChip Technologies Acquisition Worth ₹245.6 Cr
Moschip Technologies Limited is acquiring 100% of Vayavya Labs Private Limited for ₹245.59 Crore via cash and share swap. The acquisition strengthens MosChip's software-led engineering capabilities in automotive and semiconductor sectors. The transaction, involving a US-based step-down subsidiary, is expected to close within 15 days of regulatory and shareholder approvals.
- Value
- ₹245.6 Cr
- Execution
- 15 days