Rashi Peripherals to acquire 67% of VDA Infosolutions for Rs 368.5 crore

What Rashi Peripherals announced

On 23 June 2026, the Board of Directors of Rashi Peripherals Limited (BSE: 544119, NSE: RPTECH) approved the acquisition of a 67% equity stake in VDA Infosolutions Private Limited. The deal is a cash transaction valued at Rs 368.50 crore, subject to customary closing conditions. Upon completion, VDA will become a subsidiary of Rashi Peripherals, expanding the listed company’s footprint from hardware distribution into enterprise‑technology and digital‑infrastructure services.

"The acquisition complements the Company's core IT products distribution business and offers a strategic opportunity for forward integration in the enterprise technology and digital infrastructure solutions space." – Board resolution, 23 June 2026

Details of the acquisition

• Target company: VDA Infosolutions Private Limited, CIN U72900MH2010PTC198543, incorporated in 2010 and headquartered in Mumbai.
• Business focus: Enterprise technology and digital infrastructure solutions, including cloud technology, cybersecurity, data protection, virtualization, storage, IT consulting, DevOps and infrastructure management.
• Financial snapshot (as of 31 March 2026):
  • Net worth: Rs 234.22 crore
  • Turnover (including other income): Rs 850 crore
  • Total assets: Rs 427.43 crore
• Consideration: Cash payment of Rs 368.50 crore for the 67% stake.
• Payment structure: The acquisition is staggered – the first tranche (67%) is payable upfront, while the remaining 33% will be settled in three equal instalments after the initial closing, as outlined in Annexure‑A.
• Related‑party status: The Board confirmed that the transaction is not a related‑party transaction; none of the promoters or promoter group entities hold an interest in VDA.
• Regulatory approvals: No prior government or regulatory approvals are required for the transaction.

Key facts at a glance

Why this matters for investors

The acquisition marks Rashi Peripherals’ first major foray beyond its traditional hardware distribution model. By bringing VDA’s enterprise‑technology capabilities under its umbrella, the company can offer end‑to‑end solutions—from device supply to cloud, security and infrastructure services—potentially widening its addressable market and creating cross‑selling opportunities. The cash outlay of Rs 368.5 crore will be funded from the company’s existing cash reserves and/or debt facilities, which could affect its near‑term liquidity profile. However, because the deal is structured as a staggered payment, the immediate cash impact is limited to the upfront tranche. The transaction is also non‑related‑party, reducing concerns about conflicts of interest.

Conclusion

Rashi Peripherals has secured board approval to acquire a controlling 67% stake in VDA Infosolutions for Rs 368.5 crore, positioning itself in the fast‑growing enterprise‑technology sector. The deal is cash‑based, non‑related‑party and does not require prior regulatory clearance. Completion is expected to follow a staggered schedule, with the first tranche already approved. Shareholders will receive further updates as the closing conditions are satisfied and the remaining instalments are scheduled.