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.
Dixon reported massive revenue growth driven by mobile and IT hardware, though margins face temporary compression due to PLI-1 expiry and rising input costs.
Dixon Technologies re-appointed Sunil Vachani as Whole Time Director and Atul B. Lall as Managing Director for five-year terms effective May 2027.
Dixon Technologies (India) Ltd reported revenue from operations of ₹15,548 Cr (+21.1% YoY) and net profit of ₹717.8 Cr (+156.4% YoY) for Q1 FY27.
Dixon Technologies has scheduled a Board meeting on July 31, 2026, to consider and approve the un-audited financial results for the quarter ended June 30, 2026.
Dixon Technologies (India) Ltd has filed its quarterly shareholding pattern as of June 30, 2026. This report details the company's shareholding structure across various investor categories.
Dixon Technologies executed a JV agreement with vivo Mobile India to manufacture electronic devices. Dixon will hold 51% stake in the newly formed JV company.
Dixon Technologies executed a JVA with vivo Mobile India to form a manufacturing joint venture. The JV Co will have an initial capital of Rs.5 Crore.