SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

DCX Systems executes Joint Venture Agreement with ELTA Systems

30 Aug 2023 Evaluate

DCX Systems has executed a Joint Venture Agreement with ELTA Systems. ELTA and DCX concluded to enter into a joint venture by way of incorporating a jointly owned, private limited liability Israeli company (JVC), for the purposes of developing, producing and distributing, globally, obstacle detection solutions based on radar and optics technology for railway industry (the Business) all in accordance with and subject to the terms and conditions as set out in this Agreement.

DCX shall hold 100% share capital initially in the JVC and at later stage DCX shall hold ordinary A shares constituting 50.1% of the JVC share capital; ELTA shall receive option to receive such an amount of ordinary shares constituting 49.9% of the JVC share capital, which shall have exercise price at par value NIS 0.01 each. 

DCX Systems is primarily engaged in system integration and manufacturing a comprehensive array of cables and wire harness assemblies, and are also involved in kitting.


DCX Systems Share Price

200.95 11.25 (5.93%)
22-Apr-2026 13:09 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×