Dixon Technologies (India) Limited has announced the formation of a joint venture company, Lightanium Technologies Private Limited, in partnership with Signify Innovations India Limited, to strengthen its presence in the lighting business.
In a regulatory filing dated July 8, 2025, the company informed that it has paid the subscription money for the joint venture, acquiring a 50% stake in Lightanium Technologies.
Key highlights of the JV:
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Entity: Lightanium Technologies Private Limited
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Date of incorporation: June 26, 2025
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Dixon’s investment: ₹2.5 crore (25,00,000 equity shares of ₹10 each at par)
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Ownership: 50% shareholding by Dixon
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Industry: Manufacturing (OEM for lighting products and accessories)
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Location: India
Lightanium has been set up to leverage Dixon’s manufacturing expertise and Signify’s leadership in the lighting industry. Dixon stated that the association will bolster its manufacturing excellence and expand its footprint in India’s lighting business ecosystem, in line with its strategic goals.
The company clarified that this transaction does not fall under related party transactions and has been executed at arm’s length. No governmental or regulatory approvals were required for this acquisition.
The disclosure was signed by Ashish Kumar, Chief Legal Counsel & Group Company Secretary of Dixon Technologies.
