Business Update9 Jul 2024, 01:21 am
Dixon Technologies to Acquire Minority Stake in Aditya Infotech for INR 73.06 Crores
AI Summary
Dixon Technologies (India) Ltd has announced the execution of agreements for the acquisition of a minority stake in Aditya Infotech Limited. The deal involves the transfer of shares worth INR 73.06 crores. The transaction is subject to regulatory approvals, including the Competition Commission of India (CCI).
Key Highlights
- Dixon Technologies to acquire minority stake in Aditya Infotech
- Deal valued at INR 73.06 crores
- Transaction subject to regulatory approvals
- Shareholders' Agreement executed between Dixon Technologies, Aditya Infotech, and existing shareholders