Rashi Peripherals acquires 67% stake in VDA Infosolutions for ₹368.5 crore
Summary
Rashi Peripherals has acquired a 67% stake in VDA Infosolutions for ₹368.5 crore and values the target at ₹550 crore. The deal gives Rashi Peripherals a stronger position in enterprise IT infrastructure, cloud, storage, cybersecurity, and data lifecycle services. The company plans to buy the remaining 33% over the next three years under a pre-defined mechanism. The acquisition supports its push into AI-enabled IT environments, hybrid IT managed services, and advanced data centre solutions.
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