SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Dixon Technologies (India) to acquire majority stake in Ismartu India

09 Apr 2024 Evaluate

Dixon Technologies (India) has entered into a share purchase agreement with Ismartu In Pte. (Ismartu Singapore), Transsion Technology, 5A advisors LLP and Ismartu India (Ismartu) for proposed acquisition of majority stake constituting 50.10% and further acquisitions in tranches in Ismartu and a Shareholders’ Agreement with Ismartu Singapore, 5A Advisors LLP, and Ismartu for operation and management of Ismartu. 

The consummation of transaction as per definitive agreement will be subject to the approval of Competition Commission of India (‘CCI’) and other customary closing conditions. Ismartu is engaged in electronics & mobile devices manufacturing with three numbers of state of the art manufacturing facilities in Noida under the brand name of ‘Itel’, ‘Infinix’ & ‘Tecno’ and is one of the market leaders in Smart phones & feature phones categories respectively in India.

Dixon Technologies (India) is the largest home grown design-focused and solutions company engaged in manufacturing products in the consumer durables, lighting and mobile phones markets in India.


Dixon Technologies Share Price

11374.00 88.10 (0.78%)
17-Apr-2026 16:59 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:

×