Dixon Technologies' subsidiary acquires assets from KHY Electronic

Dixon Technologies (India) Limited announced today that its subsidiary, IsmartU India Private Limited (IIPL), has entered into an Asset Purchase Agreement with KHY Electronic India Private Limited (KHY). The agreement, dated April 25, 2025, follows a Binding Memorandum of Understanding established on January 18, 2025. Under the agreement, IIPL will acquire land, building, machinery, and other tangible assets from KHY for a total consideration of INR 121 Crores, excluding applicable taxes. The acquisition is subject to customary completion conditions. This information is disclosed pursuant to Regulation 30 of the SEBI Listing Regulations.