Rashi Peripherals surges after inking pact to acquire 67% stake in VDA
This 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
This transaction marks a strategic inflection point for the company to become a fully integrated technology solutions and services player. The company will capitalize on the strategic partnership through focused growth in the technology services business.
Under the agreement, the company will acquire 67% upfront in the first tranche.The remaining 33% stake will be acquired in three equal tranches of 11% each by 31 August 2027, 2028 and 2029, respectively.
Kapal Pansari, managing director of Rashi Peripherals said, ?This transaction marks a pivotal step in strengthening our position in the rapidly evolving enterprise business as a leading provider of high-end technology products and solutions. VDA Infosolutions? strong enterprise technology and digital infrastructure expertise and proven delivery capabilities enhance our ability to serve enterprise customers with advanced solutions in AI, cybersecurity, data protection, and cloud infrastructure. We are excited to bring in VDA Infosolutions?s deep technical expertise, wide clientele across industry verticals, and a recurring-revenue services engine to enhance our enterprise business capabilities.?
Rashi Peripherals is one of India?s leading distributors of Information and Communication Technology (ICT) products and solutions, serving as a vital link between global technology OEMs and a diversified network of channel partners.
The company?s consolidated net profit jumped 64.2% to Rs 84.20 crore on 51% rise in revenue from operations to Rs 4489.37 crore in Q4 FY26 over Q4 FY25.
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