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Dixon Tech shares in focus after getting approval for 74:26 LED module JV with HKC

March 10, 2026
Source: cnbctv18.com cnbctv18.com
News Snapshot:
Shares of Dixon Technologies (India) Ltd. are in focus on Tuesday, March 10, after it has received the Ministry of Electronics and Information Technology's (MEITY) approval to form a joint venture with Chinese firm HKC Overseas Ltd. for display modules.The company's wholly-owned subsidiary Dixon Display Technologies Pvt. Ltd. (DDTPL) will be converted into a joint venture (JV), with Dixon holding 74% stake and HKC having the remaining 26% of the equity.Once the transaction is completed, Dixon Display Tech will operate as a JV company, combining its local presence with HKC's international expertise to expand advanced display module production for India's...
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