Dixon Technologies (India) Ltd. and Signify Innovations India Ltd. have jointly set up a new company named Lightanium Technologies Private Limited. It was incorporated on June 26, 2025.
Lightanium will act as an original equipment manufacturer (OEM) for lighting products and accessories. The company has not yet started its operations and has no turnover to report as of now.
Dixon Technologies has subscribed to 25,00,000 equity shares in Lightanium. Each share is of ₹10 face value, purchased at par, amounting to a total investment of ₹2.5 crore.
The joint venture is a 50:50 partnership. Dixon holds a 50% stake, with the remaining 50% held by Signify. The payment for Dixon’s shareholding was made on July 8, 2025.
This is not a related party transaction. The promoters or promoter group of Dixon Technologies have no personal interest in the newly formed entity.
No government or regulatory approvals were needed for the formation of this joint venture. All formalities were completed without such requirements. The new company is registered in India and will cater to the Indian market. There is no indication of international presence or expansion at this stage.
The purpose behind the joint venture is to manufacture lighting products through a dedicated OEM setup. The venture falls within Dixon’s existing area of operations.
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As of 10:33 AM on July 9, 2025, Dixon Technologies share price was at ₹15,752, a 1.80% increase. The stock is down 8.32% over the past 6 months but up 23.29% over the past year.
With Lightanium now registered and initial investment made, the joint venture between Dixon and Signify is officially in place. The business is yet to commence operations.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jul 9, 2025, 10:34 AM IST
Team Angel One
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