Dixon Technologies (India) Acquisition Worth ₹2.55 Cr
Dixon Technologies acquired a 51% stake in Adivistar Electronics India for ₹2.55 Crore, enhancing its smartphone manufacturing footprint in the Indian ecosystem.
- Value
- ₹2.55 Cr
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Dixon Technologies acquired a 51% stake in Adivistar Electronics India for ₹2.55 Crore, enhancing its smartphone manufacturing footprint in the Indian ecosystem.
Dixon Technologies incorporated a new subsidiary, Adivistar Electronics India Private Limited, investing Rs. 2.55 Crore for a 51% equity stake.
Dixon Technologies disclosed an independent ESG rating of 67 by SEBI-registered ERP Niche Ninety Nine. No transaction or board decision is involved.
Dixon Technologies (India) Limited allotted 28,455 equity shares following the exercise of employee stock options. This issuance increases the company's paid-up share capital.
Dixon Technologies announced its 33rd Annual General Meeting to be held on September 28, 2026. The company also specified book closure dates and dividend record date.
Dixon Technologies approved a corporate guarantee of USD 220 million (approx ₹2,090 Crore) in favor of Lenovo Ireland for its subsidiary, Padget Electronics.
Dixon Technologies issued a corporate guarantee of USD 220 million to Lenovo Ireland for its subsidiary, Padget Electronics. This contingent liability supports subsidiary raw material purchases.
Dixon Technologies is incorporating a subsidiary, Adivistar Electronics India Private Limited, for OEM manufacturing of electronic devices. Dixon will acquire a 51% stake for ₹2.55 Crore.