Dixon Technologies forms joint venture for lighting products
Dixon Technologies (India) Limited has announced a joint venture with Signify Innovations India Limited to form Lightanium Technologies Private Limited. Lightanium will operate as an original equipment manufacturer (OEM) of lighting products and accessories. Dixon Technologies has invested INR250,000,000 in Lightanium, acquiring 2,500,000 equity shares at par and representing a 50% stake in the company. The company was incorporated on June 26th, 2025. The subscription money for the joint venture has been paid by Dixon Technologies. The partnership aims to enhance Dixon Technologies' manufacturing capabilities and strengthen its position in the Indian lighting business ecosystem.
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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