Moschip Technologies Ltd

🚀 Moschip Expands with VLPL Acquisition: 2,000+ Employees & New Delivery Centers

• Acquired 73% stake in Vayavya Labs Private Limited (VLPL)

• Issuing 5,050,686 equity shares at ₹192 per share (total ~₹96.97 crores) to VLPL shareholders

• Total acquisition includes cash consideration of ₹148.52 crores plus stock swap

• Expands headcount to over 2,000 employees

• Adds delivery centers in Belagavi and Bengaluru

• VLPL holds 9 patents with strong financial track record

• VLPL shows revenue growth in FY 2025-26, particularly in forex earnings

• Enhances capabilities in embedded software, semiconductor and automotive engineering