Acquisitions23 Jun 2026, 07:00 pm
Rashi Peripherals to Acquire VDA Infosolutions for ₹368.5 Cr
AI Summary
Rashi Peripherals Limited's Board of Directors has approved the acquisition of a 67% equity stake in VDA Infosolutions Private Limited for a cash consideration of ₹368.50 Crores. VDA Infosolutions, established in 2010, operates in the enterprise technology and digital solutions space. This acquisition will make VDA Infosolutions a subsidiary of Rashi Peripherals. Additionally, the Board has recommended the reappointment of Deloitte Haskins & Sells LLP as Statutory Auditors for a second five-year term, subject to shareholder approval.
Key Highlights
- Acquisition of 67% stake in VDA Infosolutions for ₹368.5 Cr.
- VDA Infosolutions is in enterprise technology and digital solutions.
- VDA Infosolutions will become a subsidiary post-acquisition.
- Statutory Auditors reappointed for a second five-year term.
- Shareholder approval needed for auditor reappointment.
Price Impact
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