Moschip Technologies Limited has informed the Exchange regarding a press release dated April 16, 2026, titled "Submission of a copy of press release on acquisition of 73% equity capital of Vayavya Labs Private Limited".
MOSCHIP · price
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MosChip Technologies Limited has approved acquisition of a 73% controlling stake in Vayavya Labs Private Limited for ₹245.49 crores. The deal comprises ₹148.52 crores in cash (60.50%) funded through internal accruals and ₹96.97 crores via share-swap (39.50%). Vayavya Labs, incorporated in 2006 and headquartered in Belgavi, is a 'Silicon-to-System' engineering partner serving Semiconductor, Automotive, Consumer Electronics and EDA sectors. The company has 9 granted patents, operates delivery centers in Belagavi and Bengaluru, and serves global customers including Tier-1 semiconductor companies. The remaining 27% stake will be acquired after March 31, 2028 with valuation linked to business performance. Post-acquisition, MosChip's headcount will exceed 2,000 employees across six locations including Silicon Valley. Vayavya Labs is described as EBITDA-accretive with strong revenue growth and a significant share of turnkey and fixed-price contracts.
This acquisition strengthens MosChip's software-led Product Engineering Solutions business with technology capabilities (embedded software, digital twins, ADAS validation) and expands its customer base globally. The share-swap component may result in some equity dilution, while cross-selling opportunities between both companies' customers could drive revenue growth. The deal appears immediately accretive to EBITDA based on company descriptions.