MosChip Technologies Ltd approves ₹266.71 crore acquisition of 73% stake in Vayavya Labs
- Consideration includes ₹112.19 crore via 5,050,686 preferential swap shares priced at ₹222.14 each; transaction is subject to approvals.
- Shareholder approval is to be sought at an EGM on 25 November 2026.
- Q2 FY27 consolidated revenue was ₹119.08 crore, down 19% year on year; net loss was ₹30.40 crore versus a ₹12.04 crore profit a year ago.
- Board also granted 95,496 ESOPs; MosChip cited additional costs on an advanced turnkey ASIC project and is seeking reimbursement for scope-upgrade costs.