MosChip Technologies Limited has officially announced the acquisition of a 73% stake in Vayavya Labs Private Limited (VLPL) for a total consideration of 245.49 crores. This strategic move, approved during a board meeting on April 16, 2026, involves a combination of 148.52 crores in cash and 96.97 crores through the issuance of 50,50,686 swap shares at an issue price of 192/- per share. The remaining 27% stake is slated for acquisition after March 31, 2028, with a valuation linked to the future business performance of VLPL.

The acquisition is designed to significantly bolster MosChip’s software-led engineering capabilities, particularly within the semiconductor and automotive sectors. Vayavya Labs, headquartered in Belagavi, Karnataka, is recognized as a pioneer in Hardware-Software Interface (HSI) methodologies and serves a global client base across the United States, Europe, Israel, and Japan. This transaction is expected to drive top-line growth and EBITDA accretion, as Vayavya reported a provisional turnover of 83 crores for the financial year ending March 31, 2026, showing consistent growth from 64.4 crores in the previous year.

MosChip Technologies is a prominent semiconductor and system design firm providing end-to-end solutions spanning silicon design, embedded software, and product engineering. Throughout 2025, the company focused on expanding its footprint in high-growth areas like digital twin technologies and ADAS (Advanced Driver Assistance Systems). Recent corporate updates from 2025 highlighted the company’s commitment to moving up the value chain by integrating complex software-driven verification and automotive functional safety solutions into its core offerings.

In terms of financial performance, the company has maintained a trajectory of scaling its operations. While the specific quarterly financial result for the most recent period was not part of the primary outcome announcement, Vayavya Labs—the entity being acquired—demonstrated a steady climb in turnover from 38.1 crores in FY 2022-23 to 83 crores in FY 2025-26. Notable investors participating in the preferential allotment related to this deal include a group of 67 investors, such as Venkanagouda K Patil and Indication Instruments Limited, who will hold 0.14% and 0.22% post-allotment respectively. This diversification of the investor base underscores the market’s confidence in MosChip’s long-term expansion strategy.