MOSCHIP TECHNOLOGIES LIMITED — Capital/Financing Update 2026

Apr 16, 2026

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Date: 16[th] April, 2026

To To The General Manager The Listing Department Department of Corporate Services National Stock Exchange of India Limited BSE Ltd, Exchange Plaza, P. J. Towers, Dalal Street, Bandra Kurla Complex, Mumbai – 400 001 Mumbai – 400 051 Scrip code: 532407 Scrip Symbol: MOSCHIP

Dear Sir/Madam,

Sub: Submission of a copy of press release on acquisition of 73% equity capital of Vayavya Labs Private Limited

With reference to the subject cited above, please find attached a copy of the press release on Acquisition of 73% of the share capital of Vayavya Labs Private Limited (“VLPL”) from its existing shareholders for a total consideration of ₹ 245.49 crores under the Share Purchase Agreement (“SPA”), comprising ₹ 148.52 crores in cash and ₹ 96.97 crores through issuance of swap shares.

Kindly take the above information on your records.

Thanking you,

Yours faithfully,

For MosChip Technologies Limited,

Digitally signed by Suresh Suresh Bachalakura Bachalakura Date: 2026.04.16 ________ 12:51:26 +05'30' CS Suresh Bachalakura

Company Secretary

MosChip Technologies Limited 7[th] Floor, My Home Twitza, TSIIC Knowledge City, Hyderabad, Telangana - 500081, India Tel: +91 40 6622 9292, Fax: +91 40 66229393, www.MosChip.Com, CIN: L31909TG1999PLC032184

MosChip Technologies Limited – Acquisi�on of Vayavya Labs

Overview

MosChip Technologies Limited has, pursuant to the approval of its Board of Directors at the mee�ng held on 16 April 2026, proposed to acquire a 73% controlling stake in Vayavya Labs Private Limited (“Vayavya Labs”) , subject to receipt of all requisite statutory, regulatory and other approvals, marking a significant - step in MosChip’s strategy to scale its so�ware led Product Engineering Solu�ons business.

73% of shareholding is being acquired at a considera�on of Rs 245.49 crores for which the payment structure is as follows:

• 60.50% to be paid through cash generated through internal accruals.

• 39.50% to be paid through share - swap.

The remaining shareholding (27%) will be acquired a�er 31 March 2028, and the valua�on will be linked to Vayavya Labs’ business performance.

Vayavya Labs was incorporated in 2006 and headquartered at Belgavi, has built a strong reputa�on as a - high quality “Silicon-to-System” engineering partner across industries such as Semiconductors, Consumer Electronics (CE), Automo�ve, Electronic Design Automa�on (EDA), Communica�ons and Connec�vity. The company operates delivery centers in Belagavi & Bengaluru.

Post this acquisi�on, MosChip will have an overall headcount of more than 2,000 employees , strengthening its scale, and execu�on capacity.

With this proposed acquisi�on, MosChip will have the following synergies.

1) Delivery and Engagement footprint across six strategic loca�ons

Ahmedabad, Belagavi, Bengaluru, Hyderabad, Pune, and Silicon Valley (USA) – further strengthening MosChip’s ability to serve global customers.

2) Market Posi�oning

Vayavya Labs serves a global customer base that includes Tier-1 Semiconductor companies, Consumer Electronics (CE), Mobility/Automo�ve Communica�on & Connec�vity. With development centers in India ( Bengaluru and Belagavi) and a presence in key interna�onal markets such as the United States, Europe, Israel, and Japan, the company delivers end-to-end engineering solu�ons and collaborates closely with clients on next-genera�on technologies. This acquisi�on also propels MosChip in its “Beyond Tier-1 ci�es” ini�a�ve of delivering Technology led solu�ons and services from Tier-2 ci�es.

MosChip Technologies Limited – Acquisi�on of Vayavya Labs

3) Business and Capability Profile

Vayavya Labs’ core strength lies in its exper�se in embedded so�ware & systems, virtualiza�on (Digital Twins), and verifica�on & valida�on technologies. Vayavya Labs is recognized as a pioneer in Hardware-So�ware Interface (HSI®) methodologies, enabling seamless integra�on between hardware and so�ware layers. Its offerings include digital twin and virtual ECU solu�ons, so�ware-driven verifica�on, ADAS (Advanced Driver Assistance Systems) valida�on, and automo�ve func�onal safety solu�ons. These capabili�es not only help clients accelerate product development cycles, improve system reliability, and reduce �me-to-market but also strengthen MosChip’s end - to - end engineering offering spanning silicon, embedded so�ware, system valida�on, and pla�orm integra�on.

4) Technology Capabili�es

Vayavya Labs holds 9 granted patents and ac�vely drives key industry standards in the Semiconductor and Automo�ve ver�cals.

5) Revenue Upside

The acquisi�on creates an excellent cross - sell and up - sell opportuni�es , enabling:

• Embedded and automo�ve so�ware Solu�ons to be offered to MosChip’s exis�ng customers.

• Introduc�on of MosChip’s Silicon, IP, and System Design capabili�es into Vayavya Labs’ Customer base

Together, this enhances wallet share, deepens customer rela�onships, and supports longer - term revenue growth.

Strong Financial Performance and Growth

Vayavya Labs is an EBITDA - accre�ve business with a consistent opera�ng track record. Over the last five years , the company has delivered a very healthy revenue growth , reflec�ng sustained demand across its core Automo�ve and Semiconductor so�ware engineering segments. For the FY 2025-26 Vayavya’s Forex revenue outpaced the INR revenue marking a significant growth opportunity that lie ahead in Global Markets.

Vayavya Labs delivery model is characterized by a significant share of turnkey and fixed - price contracts , - par�cularly in complex and long dura�on engineering programs. This approach strengthens customer reten�on, recurring revenue streams and sustainable opera�ng margins.

MosChip Technologies Limited – Acquisi�on of Vayavya Labs

People, Culture, and Leadership Strength

Vayavya Labs’ workforce has an average age of approximately 29 years, broadly in line with MosChip’s - workforce profile, providing a young, skilled, and future ready talent base with strong cultural alignment. Women employees cons�tute approximately 28% of the workforce, reflec�ng a diverse and inclusive organiza�onal culture.

Vayavya Labs is led by experienced promoters and a seasoned leadership team who have successfully built and scaled the business since its incep�on. As part of the transac�on, Majority of the promoters will con�nue to ac�vely run and manage the business over the next few years, ensuring leadership con�nuity, preserva�on of historical knowledge, and reduced execu�on risk during integra�on.

Engineers are hired directly from colleges in North Karnataka, South Maharashtra, Pune, Goa, and Western Coastal belt etc., supported by a structured training program aligned with MosChip’s MAST (MosChip Academy of Silicon Systems & Technologies Private Limited) ini�a�ves.

Strategic Fit for MosChip

This acquisi�on:

• Significantly strengthens MosChip’s so�ware - led engineering capabili�es

• Helps Top-line growth and EBITDA

• Further helps the company move up the value chain in Product Engineering Solu�ons

• Geographical expansion and diversifica�on in Business development and Engineering

Vayavya Labs’ acquisi�on will be value accre�ve , suppor�ng MosChip’s long - term objec�ve of building a scalable, differen�ated, and margin - resilient Product Engineering Business .