Dixon completes Inventec joint venture, acquires 60% stake

Dixon Technologies (India) Limited (DTIL) announced the consummation of its joint venture agreement with Inventec Corporation and Dixon IT Devices Private Limited, with closing formalities completed on October 18, 2025. This venture will focus on manufacturing notebook PC products, servers, desktop PC products, and components in India.

Upon consummation, DTIL invested INR 20,51,00,000, acquiring 2,05,10,000 equity shares, while Inventec invested INR 13,68,00,000, acquiring 1,36,80,000 equity shares, both at INR 10/- each. As a result, DTIL now holds a 60% stake, and Inventec holds 40% of the JV company's total issued and paid-up share capital on a fully diluted basis. This transaction aligns with Dixon's strategy to expand into high-growth segments of notebooks and servers.

The JV company, incorporated on September 19, 2024, has an authorized share capital of INR 200 Crores and a paid-up share capital of INR 34,20,00,000. Its net worth as of March 31, 2025, was INR 22,000, with no turnover reported for FY 2024-25. The transaction marks the JV company's transition from a wholly-owned subsidiary of DTIL.