FilingReader Intelligence
Q Technology to sell 51% stake in Indian unit
July 15, 2025 at 02:50 PM UTC•By FilingReader AI
Q Technology agreed to sell a 51% equity interest in Q Tech India to Dixon for total consideration of INR5.53bn, comprising INR4.28bn share purchase and INR1.25bn subscription.
Q Technology will retain a 49% stake, with Q Tech India ceasing to be a consolidated subsidiary. The group anticipates a gain of approximately INR9.5bn from the transaction.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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