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DCX Systems informs about execution of joint venture agreement

21 Apr 2025 Evaluate

In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, DCX Systems has informed that the Company has executed a Joint Venture Agreement with IAI’s ELTA Systems, Israel and it’s group companies today, i.e. on April 21, 2025, for the purpose of establishing a Joint Venture Company (‘JVC’) in India for conducting the business in the areas of Airborne Maritime Radar System, Fire Control Radar System and other Radar Systems for Airborne and Land applications under ‘Make in India’ projects. The company has enclosed the details in this regard as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023, as Annexure-1.

The above information is a part of company’s filings submitted to BSE.

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