Dixon Technologies (India) Limited — Important, 17-07-2025: Diversification/Disinvestment

Dixon Technologies has consolidated its lighting business into a new 50:50 joint venture, Lightanium Technologies Private Limited, formed with Signify Innovations. Dixon transferred its wholly-owned subsidiary, DTSPL, and its existing lighting manufacturing operations to the JV, receiving a combined 49.12% equity stake. Separately, Signify contributed its LED lighting manufacturing unit for a 49.12% stake. This strategic move strengthens Dixon's manufacturing excellence and expands its foothold in the Indian lighting market. The transactions are expected to complete later this year, resulting in equal ownership for both partners in the JV.