Rashi Peripherals to buy 67% VDA for ₹368.5 cr cash

Deal snapshot

Rashi Peripherals Ltd (RP Tech), an information and communications technology (ICT) company, has acquired a 67% equity stake in VDA Infosolutions Private Limited for a cash consideration of ₹368.5 crore. The company disclosed the acquisition through an exchange filing under Regulation 30 (LODR). VDA Infosolutions is positioned as an enterprise technology and digital infrastructure solutions company.

The transaction values VDA at ₹550 crore. Rashi Peripherals said the acquisition is structured as a staggered purchase, with the remaining 33% to be acquired over the next three years through a pre-defined mechanism. The initial 67% tranche has been closed upfront, making VDA a subsidiary of Rashi Peripherals.

What Rashi Peripherals is buying

VDA Infosolutions provides enterprise technology services across cloud technology, cybersecurity, data protection, and infrastructure management. These capabilities move beyond pure product distribution into solution delivery and ongoing infrastructure operations. For Rashi Peripherals, the acquisition is described as a strategic forward integration.

The Mumbai-based target gives RP Tech an entry into integrated technology solutions and services that sit closer to enterprise customer deployments. The company indicated that the combination is intended to cover the full enterprise technology value chain, from distribution through deployment of complex IT architectures. The stated demand drivers include cloud infrastructure, cybersecurity, and AI-enabled IT environments.

Transaction structure and timeline to 100% ownership

Rashi Peripherals will acquire the balance 33% stake in VDA over three years. The structure disclosed is three equal annual tranches of 11% each, with full ownership expected by August 2029. This phased structure sets clear checkpoints for the transfer of control from majority ownership today to complete ownership later.

The company has not detailed the exact pricing mechanics for the future tranches in the public summary, other than stating a pre-defined mechanism. What is clear from the disclosure is that the first tranche is closed upfront and the remaining tranches are time-bound to specific deadlines. The cash consideration disclosed in the filing relates to the 67% acquisition.

Valuation and key financial datapoints disclosed

VDA Infosolutions has been valued at ₹550 crore for the transaction. The company also reported provisional turnover of ₹850 crore for the year ended March 31, 2026. Separately, the disclosed unaudited FY 2025-26 indicators included turnover of ₹850 crore, net worth of ₹234.22 crore, and total assets of ₹427.43 crore.

The disclosures also referenced prior years revenue figures: ₹772 crore in FY 2023-24 and ₹1,035 crore in FY 2024-25. These numbers provide context on scale and variability of topline across years, though the filing text presented them as reported figures without additional explanations on drivers.

Why the acquisition matters for RP Tech’s business mix

Rashi Peripherals is known for ICT distribution, where scale and vendor relationships are central. By acquiring VDA Infosolutions, RP Tech is seeking a closer link to enterprise deployments where customers increasingly demand packaged solutions that include design, implementation, and management. This is consistent with the company’s stated aim to expand into integrated technology solutions.

The combined offering potentially allows RP Tech to participate in more stages of enterprise purchasing and rollout cycles. The filing highlights solution areas such as cloud infrastructure and cybersecurity, which are typically service-intensive and require implementation capabilities. The deal framing suggests that RP Tech wants to connect hardware and software distribution with enterprise-grade services, rather than operating these as separate ecosystems.

Governance, disclosures, and related-party status

Rashi Peripherals stated that the acquisition is not a related party transaction. It also disclosed that no promoter or group companies hold any interest in the target entity. These points matter for investors assessing governance risk and potential conflicts.

The company’s public communication indicates the acquisition was approved by its Board of Directors. The exchange disclosure also described the acquisition as a strategic forward integration into enterprise technology and digital infrastructure solutions.

Location and operational footprint

VDA Infosolutions is described as Mumbai-based in the disclosed summary. An address referenced in the material is Ariisto House, 5th Floor, Corner of Telli Galli, Andheri (E), Mumbai, Maharashtra 400069. The filings do not provide further operational footprint data such as branch locations or employee count.

Operationally, the immediate change is that VDA becomes a subsidiary due to RP Tech’s controlling stake. The phased acquisition schedule means minority ownership will continue until the final tranche closes, but control rests with RP Tech at 67%.

Market impact and what investors may track

The most concrete market-relevant variables disclosed are the cash outlay for the 67% stake (₹368.5 crore), the implied valuation (₹550 crore), and VDA’s reported turnover figures. For investors, the staggered structure also sets a clear timeline for when additional cash outflows could occur, subject to the pre-defined mechanism for the remaining 33%.

Investors may also monitor updates on operational integration between the distribution-led RP Tech business and VDA’s enterprise solutions capabilities. The reported service lines in cloud, cybersecurity, data protection, and infrastructure management indicate a shift in focus toward services that may have different margin and working-capital profiles than distribution. However, the filing summary does not provide margin or profitability details.

Closing note

Rashi Peripherals’ acquisition of a controlling 67% stake in VDA Infosolutions for ₹368.5 crore in cash is positioned as a move from ICT distribution toward integrated enterprise technology solutions. The company has laid out a phased path to 100% ownership via three 11% tranches, with completion expected by August 2029. The next key milestones, based on the disclosed timeline, are the tranche deadlines starting August 31, 2027.