Rashi Peripherals Limited (RPTECH) — Board Meeting

📢 Key Event
Board approved 67% acquisition of VDA Infosolutions for INR 368.50 Crores and reappointed Deloitte as auditors.

🔄 What Changed
Approved cash acquisition of 67% VDA stake for INR 368.50 Crores and recommended auditor reappointment for second term.

🔮 What's Next
Full acquisition completion expected by August 2029 with staggered 11% tranches.

💡 Investor Takeaway
The acquisition expands RP Tech into enterprise tech while adding audit continuity, but requires shareholder approval for the deal.

Rashi Peripherals announced on June 23, 2026 that its board approved acquiring a 67% stake in VDA Infosolutions Private Limited for INR 368.50 Crores in cash, subject to closing conditions, and recommended reappointing Deloitte Haskins & Sells LLP as auditors for a second five-year term starting after the 2026 AGM. The acquisition targets enterprise technology and digital infrastructure solutions to complement RP Tech's core IT distribution business, with full completion expected by August 2029. The filing confirms no related-party transaction and full cash payment.

📄 View Original Announcement (PDF)

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