Rashi Peripherals Approves 67% Stake Acquisition in VDA Infosolutions; Recommends Audit Firm Appointment
Rashi Peripherals Limited announced key decisions following its Board meeting held on June 23, 2026, approving the acquisition of a significant stake in VDA Infosolutions Private Limited. The Board also recommended the re-appointment of Deloitte Haskins & Sells LLP as the Statutory Auditors for the company's second tenure.The acquisition targets 67% of the paid-up equity share capital in VDA Infosolutions Private Limited (VDA). Rashi Peripherals Limited is set to enter into a Definitive Agreement, with the total cash consideration for the stake set at INR 368.50 Crores. Upon completion, VDA will become a subsidiary of Rashi Peripherals Limited.
The acquisition complements the Company's core business in IT products distribution and offers a strategic avenue for forward integration into the enterprise technology and digital infrastructure solutions space.
Details regarding VDA Infosolutions Private Limited as of March 31, 2026, are summarized below:
| Metric | Value (INR) |
|---|---|
| Net Worth | 234.22 Crores |
| Turnover | 850 Crores |
| Total Assets | 427.43 Crores |
VDA, established in 2010, is a Mumbai-based company specializing in enterprise technology and digital solutions. The acquisition process involves a staggered approach: 67% of the stake will be acquired upfront, with the remaining 33% to be paid through three equal annual tranches over the next few years. Full acquisition of the entity is expected by August 2029.
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Audit Recommendation and Term
The Board also reviewed and recommended the re-appointment of Deloitte Haskins & Sells LLP as the Statutory Auditors for Rashi Peripherals Limited. This appointment, subject to shareholder approval at the ensuing AGM, covers a second term spanning five years.Deloitte Haskins & Sells LLP (DHS LLP), established in 1997 and converted to an LLP in 2013, was recommended for the role. The firm is registered with the Institute of Chartered Accountants of India (Registration No. 117366W/W-100018).
The details of this re-appointment are presented below:
| Particulars | Details |
|---|---|
| Purpose of Change | Re-appointment |
| Auditor Name | Deloitte Haskins & Sells LLP |
| Term Length | Five years |
| Appointment Period | From the conclusion of the 37th AGM in 2026 till the conclusion of the 42nd AGM in 2031 |
RPTECH Stock Price Movement
Shares of Rashi Peripherals Limited slipped by 3.31% to settle at ₹735.5 today. The equity saw a traded volume of 1.29 million shares in the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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