Dixon Technologies forms new subsidiary, Dixon Electrocorp

Dixon Technologies (India) Limited disclosed the incorporation of Dixon Electrocorp Private Limited as a wholly owned subsidiary on September 29, 2025. The company has already paid the subscription money for the subsidiary on the same date.

Dixon Electrocorp is established with the objective to manufacture and deal in various electronic related products, including batteries, lithium-ion (Li-ion) batteries, Li-ion cells for digital applications, battery packs, and modules. The new subsidiary currently has no turnover, as it was incorporated recently and is yet to commence business operations.

Dixon Technologies (India) Limited has subscribed to 10,000 equity shares of Dixon Electrocorp, each with a face value of INR 10, at par, totaling an acquisition cost of INR 100,000. This represents a 100% shareholding in the new entity, which is based in India.