MosChip Technologies Ltd approves acquisition of 73% of Vayavya Labs for ₹266.71 crore
- Consideration comprises ₹154.52 crore in cash and ₹112.19 crore in swap shares; transaction is subject to approvals.
- Shareholder approval for the share issue will be sought at an EGM on 25 November 2026; acquisition of the remaining 27% is contemplated after 31 March 2028.
- Q2 FY27 consolidated revenue was ₹119.08 crore, down 19% year on year; net loss was ₹30.40 crore, with EBIT operating margin at -22.1%.
- The Board also granted 95,496 ESOPs to eligible employees.