Dixon Technologies (India) has informed that Dixon Technologies (India) has entered into a Joint Venture Agreement with Inventec Corporation and Dixon IT Devices for governing inter-se relationship of DTIL and Inventec in respect of operation and management of the JV Company (Transaction). By way of an update to the aforesaid Transaction, the closing formalities in relation to the Transaction have been completed today i.e. 18th October, 2025. Upon consummation of the Transaction, DTIL and Inventec have made an investment of INR 20,51,00,000 and INR 13,68,00,000, respectively in the JV Company. Pursuant to the said investments, DTIL and Inventec have acquired a total of 2,05,10,000 equity shares and 1,36,80,000 equity shares of INR 10 each respectively, of the JV Company. As a result, DTIL now holds 60% and Inventec holds 40% of the total issued and paid up share capital of the JV Company on a fully diluted basis. A detailed disclosure in this regard pursuant to SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, is enclosed hereunder as Annexure-A. A press release in this regard is also enclosed as Annexure-B.
The above information is a part of company’s filings submitted to BSE.
