Dixon Technologies shares in focus following formation of JV with Signify

Shares of Dixon Technologies (India) are expected to be in focus on Wednesday, July 9, after the company announced the incorporation of a new joint venture entity named Lightanium Technologies Private Ltd.

The entity has been formed in collaboration with Signify Innovations India Limited, with both parties holding equal ownership.

As per the company’s regulatory disclosure, Lightanium Technologies was incorporated on June 26, 2025, as a joint venture between Dixon Technologies and Signify. The purpose of this joint venture is to engage in the business of manufacturing lighting products and accessories as an original equipment manufacturer (OEM).


The company has confirmed that Dixon has paid the subscription money for the joint venture on July 8.

Dixon Technologies has subscribed to 25 lakh equity shares of Lightanium Technologies, each having a face value of Rs 10, amounting to a total cash consideration of Rs 2.5 crore.

The company now holds a 50% shareholding in the joint venture. The acquisition does not fall under the related party transaction category, and it has been undertaken at arm’s length.

According to the filing, the newly formed entity is expected to enhance Dixon’s manufacturing capabilities while benefiting from Signify’s leadership in the lighting sector.

The partnership is aligned with Dixon’s strategic objective of expanding its presence in the lighting product ecosystem in India. Lightanium Technologies has not yet commenced operations.

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Dixon Technologies share price history

The shares of Dixon Technologies have declined 14.10% year-to-date (YTD) and 8.50% over the last 6 months. However, it has gained 19.06% in the past 3 months and 4.13% over the last 1 month.

Dixon Technologies shares closed flat at Rs 15,470.05 on the BSE on Monday.

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