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![wegro_app Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1787088114588209152.png) Wegro App [@wegro_app](/creator/twitter/wegro_app) on x 10.3K followers
Created: 2025-07-08 13:51:35 UTC

Dixon Technologies (India) Ltd. has incorporated Lightanium Technologies Private Limited as a Joint Venture (JV) with Signify Innovations India Limited. 💡 Dixon has acquired a XX% stake in the JV. The JV will operate as an original equipment manufacturer (OEM) for lighting products and accessories. Dixon invested ₹2.5 Cr in cash for the acquisition.

- 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:
  ▪ Dixon Technologies and Signify have formed a JV, Lightanium Technologies. 🤝
  ▪ Lightanium was incorporated on June 26, 2025.
  ▪ Dixon holds a XX% shareholding in the JV.
  ▪ The JV will be an OEM for lighting products.
  ▪ Dixon invested ₹2.5 Cr in cash.
  ▪ The acquisition is expected to enhance Dixon's manufacturing capabilities and strengthen its position in the lighting business in India. 🚀
  ▪ The subscription money was paid on July 08, 2025.

- 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗗𝗲𝘁𝗮𝗶𝗹𝘀:
  ▪ Consideration: Cash.
  ▪ Cost of Acquisition: ₹2,50,00,000 (₹2.5 Cr).
  ▪ Shares Acquired: 25,00,000 equity shares of ₹10 each, at par.

- 𝗜𝗺𝗽𝗮𝗰𝘁: The JV is expected to strengthen Dixon's foothold in the lighting business ecosystem. This association will bolster the Company’s manufacturing excellence and superior execution abilities and Signify’s leadership in the lighting industry.

📊 DIXON TECHNOLOGIES (INDIA) LTD | 🏷️ Acquisition

🌐 Details:

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**Related Topics**
[acquisition](/topic/acquisition)
[accessories](/topic/accessories)
[$lightas](/topic/$lightas)
[india](/topic/india)
[dixon technologies](/topic/dixon-technologies)

[Post Link](https://x.com/wegro_app/status/1942582339634356530)