MosChip to acquire 73% in Vayavya Labs for ₹245.49 cr
MOSCHIP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
MosChip's board approved acquiring 73% of Vayavya Labs (VLPL) for ₹245.49 cr — ₹148.52 cr in cash (60.5%) and ₹96.97 cr via 50,50,686 swap shares at ₹192 each issued to 67 VLPL shareholders. VLPL operates in semiconductors, automotive and embedded systems; FY26 turnover ₹83 cr (up from ₹64.4 cr in FY25). Deal is not a related-party transaction. EGM set for May 12, 2026 for shareholder approval; remaining 27% to be acquired after March 2028, valuation linked to performance.
Dilution of 2.54% via swap shares; cash funded from internal accruals. EBITDA-accretive acquisition in growing semiconductor/auto space — likely stock-positive.