Rashi Peripherals approves Rs 368.50 Cr acquisition of VDA Infosolutions
RPTECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.5 pts more than Nifty Microcap 250 and 3.1 pts more than its Computers Hardware & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Board approved acquiring 67% stake in VDA Infosolutions for Rs 368.50 Cr cash (at minimum Rs 550 Cr valuation). Deal is staggered: 67% upfront, then 11% each year, reaching full 100% by August 2029. VDA offers enterprise tech, cloud and cybersecurity solutions with FY26 revenue of about Rs 850 Cr. Not a related party deal. Board also reappointed Deloitte Haskins and Sells LLP as statutory auditors for a second 5 year term until 2031.
Acquisition diversifies beyond IT distribution and adds about Rs 850 Cr revenue, but uses Rs 368 Cr cash upfront. VDA becomes a subsidiary. Auditor continuity is positive.