Aditya Infotech Limited, the parent company of surveillance brand CP Plus, has announced the execution of a 50:50 joint venture agreement with Orient Cables (India) Limited to expand its manufacturing capabilities in the cables segment.
The company, in an exchange filing dated April 16, 2026, said the joint venture will focus on the manufacturing of electric cables including LAN cables, CCTV cables, terminated assemblies, connectors and allied products.
The agreement follows an earlier memorandum of understanding signed between the two companies in February 2026, and marks a step forward in formalising the partnership.
JV structure and operations
Under the agreement, both Aditya Infotech and Orient Cables will incorporate a new private limited company with equal 50:50 shareholding, ensuring joint ownership and control.
The board of the proposed entity will have equal representation from both parties, and key decisions will require mutual approval, indicating a balanced governance structure.
The JV’s products will be supplied to Aditya Infotech, its affiliates, as well as to Orient for further distribution, creating an integrated supply chain ecosystem.
Strategic rationale: backward integration and cost efficiencies
The company highlighted that the joint venture is aimed at backward integration, allowing it to establish dedicated manufacturing facilities for cables and related components.
This is expected to:
•Ensure reliable and consistent supply
•Improve cost efficiencies
•Strengthen quality control
•Enhance overall operational effectiveness
The JV company is yet to be incorporated, and both partners will contribute capital in equal proportion.
No related party involvement
Aditya Infotech clarified that the investment in the joint venture does not fall under related party transactions, and no promoter group entities have any additional interest beyond the proposed shareholding.