Announcement under Regulation 30 of SEBI LODR- Execution of Joint Venture Agreement between Dixon Technologies (India) Limited, Dixon Electroconnect Private Limited and Gemtek Technology Co., Ltd.
Joint Venture Agreement executed between Dixon Technologies, Dixon Electroconnect, and Gemtek Technology on Oct 7, 2026
- Dixon Electroconnect to manufacture and supply Optical Transceiver - SFP and BOSA telecom products in India
- Post-transaction shareholding: Dixon Technologies 60%, Gemtek 40%
- Neither party acquires stake in the other
- JV board: 3 directors nominated by Dixon, 2 by Gemtek; Dixon to nominate Chairman
- JV expected to complete by Feb 3, 2027, subject to conditions
- JV aims to enter data centre, telecom, and optical-connectivity ecosystem leveraging manufacturing and tech expertise
Source: Original filing PDF
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