Rashi Peripherals acquires VDA Infosolutions; statutory auditors reappointed
Rashi Peripherals Limited, a tier-1 IT hardware and peripheral distributor listed on NSE and BSE, approved the acquisition of VDA Infosolutions Private Limited by board resolution on 23 Jun 2026. VDA Infosolutions is a software solutions and IT services firm. The acquisition was approved alongside the reappointment of statutory auditors for a second tenure. No consideration amount was disclosed in the board announcement; formal disclosure and valuation details are pending in the stock exchange filing.
Why it mattersStrategic bolt-on acquisition by a listed IT distributor signals shift toward higher-margin software/managed services, requiring review of competition law (CCI) clearance thresholds and earn-out structuring under ITA 1961.
Counsel—
SectorTechnology
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