Board of Moschip Technologies approves acquisition of 73% stake in Vayavya Labs
(16 Apr 2026)

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The board of Moschip Technologies at its meeting held on 16 April 2026 has approved the acquisition of 73% stake in Vayavya Labs (VLPL) from its existing shareholders for a total consideration of Rs 245.49 crore under a share purchase agreement, comprising Rs 148.52 crore in cash and Rs 96.97 crore through issuance of swap shares.

The company will acquire balance 27% stake in VLPL after 31 March 2028 and the valuation will be linked to VLPL business performance.

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