DIXON TECHNOLOGIES: INDIA STEP-DOWN SUBSIDIARY ACQUIRES 100% EQUITY SHARES OF ADIVISTAR ELECTRONICS INDIA PVT LTD

• Adivistar Electronics India Private Limited incorporated as a subsidiary of Dixon Technologies (India) Limited. • Cost of acquisition Rs. 2,55,00,000/- • Adivistar will carry on business as original equipment manufacturer (OEM) of electronic devices, including smartphones. • Dixon now holds 51% shareholding in Adivistar.

Dixon Technologies (India) Ltd

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