Dixon Technologies (India) Limited announced that Dixon has on 14th February, 2026, entered into a Joint Venture Agreement ("JV Agreement") with Longcheer Intelligence Pte. Ltd. ("Longcheer") and Dixtel Infocom Private Limited ("JV Company"), a Wholly Owned Subsidiary of Dixon, for governing inter-se relationship of Dixon and Longcheer in respect of operation and management of the JV Company. Further, the closing of the JV Agreement shall be subject to satisfactory completion of conditions precedent as set out in the JV Agreement.
Furthermore, effective closing of the JV Agreement, the JV Company will be held in the proportion of 74:26 by Dixon and Longcheer respectively. The JV Company will be engaged in the business of manufacture and supply of smart phone/tablets, true wireless stereo, smart watch, AI PC, automotive electronics, healthcare devices etc. Dixon will hold 74% and Longcheer will hold 26% of the total issued and paid up share capital of the JV Company on a fully diluted basis.
Dixon Technologies (India) Limited is an India-based electronics manufacturing services (EMS) provider. The Company is engaged in manufacturing various verticals, including consumer durables, lighting solutions, home appliances, and mobile phones. It operates through a single segment, which is Electronics Goods. Its product portfolio can be categorized into consumer electronics, home appliances, lighting products, mobile phones, EMS & others. Its consumer electronics include light-emitting diode (LED) televisions (TVs) and refrigerators. Its home appliances include washing machines. Its lighting products include LED bulbs, outdoor lighting, smart lights, battens, and downlighters. Its mobile phones, EMS & others include smartphones, information technology (IT) hardware, telecommunications, hearables, and wearables. It offers reverse logistics services such as repair and refurbishment of LED TV panels.
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