MosChip will acquire Vayavya Labs for Rs.266.71 Crore in cash and shares. Completion awaits RBI and exchange approvals and shareholder approval of a preferential issue.
Value
₹266.7 Cr
Execution
Within 15 days of the later of receipt of all requisite approvals or shareholder approval of the preferential issue to VLPL sellers
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.
MosChip Technologies Ltd announced the acquisition of a 73% controlling stake in Vayavya Labs for ₹245.49 Crore. The deal involves ₹148.52 Crore in cash and ₹96.97 Crore via share swap. This strategic move strengthens MosChip's software-led engineering capabilities and expands its global footprint across the semiconductor and automotive verticals.
MosChip Technologies approved the acquisition of a 73% stake in Vayavya Labs for ₹245.49 Crore. The deal involves ₹148.52 Crore in cash and ₹96.97 Crore via a preferential share swap. This strategic move strengthens MosChip's software-led engineering capabilities in the semiconductor and automotive sectors.
Value
₹245.5 Cr
Execution
within 15 days from regulatory/shareholder approvals
