[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Wegro App [@wegro_app](/creator/twitter/wegro_app) on x 10.3K followers Created: 2025-07-17 01:09:35 UTC Dixon Technologies (India) Ltd is set to acquire a stake in Lightanium Technologies Private Limited, a 50:50 joint venture with Signify Innovations India Limited. 🤝 The acquisition involves multiple agreements, including a share purchase agreement and business transfer agreements. - 𝗞𝗲𝘆 𝗗𝗲𝘁𝗮𝗶𝗹𝘀: ▪ Dixon will transfer its entire stake in DTSPL (Dixon Technologies Solutions Private Limited) to the JV in exchange for XXXX% stake. ▪ Dixon will transfer its lighting business operations to the JV for a XXXXX% stake. ▪ Signify will transfer its LED lighting manufacturing operations for a XXXXX% stake in the JV. 💡 ▪ The JV will be an OEM of lighting products and accessories. ▪ The deal is expected to be completed by November 30, 2025. - 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹𝘀: ▪ DTSPL's turnover in FY25 was ₹372 Cr (0.96% of consolidated revenue). ▪ Lighting Business Undertaking's turnover in FY25 was ₹828 Cr (15.33% of standalone revenue). - 𝗖𝗼𝗻𝘀𝗶𝗱𝗲𝗿𝗮𝘁𝗶𝗼𝗻: ▪ Dixon will receive shares in the JV in exchange for its assets. ▪ Signify will receive shares and cash consideration of ₹140.3 Cr. - 𝗥𝗲𝗹𝗮𝘁𝗲𝗱 𝗣𝗮𝗿𝘁𝗶𝗲𝘀: ▪ The transactions are related party transactions as Dixon holds XX% of the JV. ▪ The transactions will be carried out at arm's length. ✅ 📊 DIXON TECHNOLOGIES (INDIA) LTD | 🏷️ Acquisition 🌐 Details: ⚡️AI-driven WhatsApp updates - Try FREE 👉 XXX engagements  **Related Topics** [acquisition](/topic/acquisition) [$lightas](/topic/$lightas) [india](/topic/india) [dixon technologies](/topic/dixon-technologies) [Post Link](https://x.com/wegro_app/status/1945652066183254518)
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Wegro App @wegro_app on x 10.3K followers
Created: 2025-07-17 01:09:35 UTC
Dixon Technologies (India) Ltd is set to acquire a stake in Lightanium Technologies Private Limited, a 50:50 joint venture with Signify Innovations India Limited. 🤝 The acquisition involves multiple agreements, including a share purchase agreement and business transfer agreements.
𝗞𝗲𝘆 𝗗𝗲𝘁𝗮𝗶𝗹𝘀: ▪ Dixon will transfer its entire stake in DTSPL (Dixon Technologies Solutions Private Limited) to the JV in exchange for XXXX% stake. ▪ Dixon will transfer its lighting business operations to the JV for a XXXXX% stake. ▪ Signify will transfer its LED lighting manufacturing operations for a XXXXX% stake in the JV. 💡 ▪ The JV will be an OEM of lighting products and accessories. ▪ The deal is expected to be completed by November 30, 2025.
𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹𝘀: ▪ DTSPL's turnover in FY25 was ₹372 Cr (0.96% of consolidated revenue). ▪ Lighting Business Undertaking's turnover in FY25 was ₹828 Cr (15.33% of standalone revenue).
𝗖𝗼𝗻𝘀𝗶𝗱𝗲𝗿𝗮𝘁𝗶𝗼𝗻: ▪ Dixon will receive shares in the JV in exchange for its assets. ▪ Signify will receive shares and cash consideration of ₹140.3 Cr.
𝗥𝗲𝗹𝗮𝘁𝗲𝗱 𝗣𝗮𝗿𝘁𝗶𝗲𝘀: ▪ The transactions are related party transactions as Dixon holds XX% of the JV. ▪ The transactions will be carried out at arm's length. ✅
📊 DIXON TECHNOLOGIES (INDIA) LTD | 🏷️ Acquisition
🌐 Details:
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XXX engagements
Related Topics acquisition $lightas india dixon technologies
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