Dixon Technologies (India) Ltd - 540699 - Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirement) Regulations 2015
This is with reference to the intimation dated 10th August, 2021 and 12th January, 2022. Dixon Technologies (India) Limited ('Dixon') had informed the exchanges with regard to Joint Venture Agreement entered into between Dixon, Rexxam Co. Ltd. ('Rexxam') and Rexxam Dixon Electronics Private Limited (formerly known as Dixon Devices Private Limited) (hereinafter referred to as 'JV Company'). Pursuant to the terms of the Joint Venture Agreement , dated 12th January, 2022, the JV Company has allotted fresh equity shares to Dixon and Rexxam on 23rd March, 2022, consequently, the JV Company, which is presently a Wholly owned subsidiary of Dixon, shall be 40% owned by Dixon and 60% owned by Rexxam. The disclosure as required under Schedule III of the Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9 September 2015 is attached as Annexure I to this letter. We request you to kindly take this on your record.23-03-2022
