MosChip Acquires 73% Stake in Vayavya Labs for ₹245.49 Crores

MosChip Technologies acquires 73% equity stake in Vayavya Labs Private Limited for ₹245.49 crores through cash and share swap.
Transaction includes ₹148.52 crores cash payment and ₹96.97 crores through issuance of swap shares, subject to regulatory approvals.
Acquisition significantly expands MosChip's software-led engineering capabilities and increases total headcount to over 2,000 employees.
Vayavya Labs brings 9 granted patents, strong automotive and semiconductor expertise, and is EBITDA-accretive to MosChip's business.