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Dixon Technologies Share Price in Focus On the Formation of JV with Signify Innovations

Written by: Team Angel OneUpdated on: 9 Jul 2025, 4:04 pm IST
Dixon Technologies and Signify Innovations India have formed a 50:50 joint venture, Lightanium, to manufacture lighting products in India with an investment of ₹2.5 crore.
Dixon Technologies Share Price in Focus On the Formation of JV with Signify Innovations
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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.

Ownership and Structure

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 Regulatory Hurdles

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.

Read more: Home-Cooked Thalis Became Cheaper in June 2025: CRISIL!

Dixon Tech Share Price Performance 

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.

Conclusion

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

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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