MosChip to Acquire 73% Stake in Belagavi-Based Vayavya Labs for ₹245.49 Crore
In a major development in the semiconductor and engineering services sector, MosChip Technologies Limited has approved the acquisition of a 73% stake in Vayavya Labs Private Limited for a total consideration of ₹245.49 crore, according to an exchange filing dated April 16. The transaction will be carried out through a mix of ₹148.52 crore in…