Dixon Technologies (India) Ltd

IP license with Aviat Networks

• DEAPL, a Dixon subsidiary/ JV, entered into an IP license with Aviat Networks (India) Private Limited.
• License grants DEAPL a limited right to use specified IP and know-how for microwave radios.
• Effective date: 30 September 2026.
• Scope includes manufacture, use, offer for sale and sale of microwave radios.
• No monetary value disclosed; aims to expand DEAPL's manufacturing footprint and domestic telecom supply chain.

Sunil Vachani – Re-appointment as Whole Time Director

• Type: Re-appointment as Whole Time Director of Dixon Technologies (India) Limited.
• Effective from 5 May 2027; five-year term.
• Reason: shareholders approved the re-appointment at AGM.
• Brief profile: 30+ years in EMS; associated with the company since inception.
• Relationships: No relationship with other Directors.
• Regulatory: Not debarred from holding director office.

Atul B. Lall – Re-appointment as Managing Director

• Type: Re-appointment as Managing Director.
• Effective from 5 May 2027; five-year term.
• Reason: shareholders approved the re-appointment at AGM.
• Brief profile: Led Dixon since foundation; 30+ years in EMS.
• Directorships: Happy Forgings Ltd; Max Estates Ltd; Aditya Infotech Ltd.
• Industry roles: President of ELCINA; BIS committee involvement.
• Relationships: No relationship with other Directors.
• Regulatory: Not debarred from holding director office.

• Trading window closed from Oct 1, 2026 until 48 hours after the results declaration.

AGM Details

• AGM held 28 September 2026 at 11:00 IST via VC/OAVM.
• Record date 21 September 2026; on-record shareholders 439,399.
• Attendance: promoters 4 and public 80 via VC; 12 resolutions passed.

Key Resolutions

• Adoption of financial statements and reports.
• Declaration of dividend.
• Appointment of Atul B. Lall as Director by rotation.
• Ratification of remuneration to Satija & Associates, Cost Accountants.
• Approve RPT with Dixon Electro Appliances Private Limited.
• Approve RPT with Padget Electronics Private Limited.
• Approve RPT with IsmartU India Private Limited.
• Approve RPT with Kunshan Q Tech Microelectronics India Private Limited.
• Approve RPT with Dixtel Infocom Private Limited.
• Re-appointment of Sunil Vachani as Whole Time Director for five years.
• Re-appointment of Atul B. Lall as Managing Director for five years.
• Remuneration payable to Saurabh Gupta, CFO, for FY 2027-28.

Voting Results

• Resolution 1 – Passed.
• Resolution 2 – Passed.
• Resolution 3 – Passed.
• Resolution 4 – Passed.
• Resolution 5 – Passed.
• Resolution 6 – Passed.
• Resolution 7 – Passed.
• Resolution 8 – Passed.
• Resolution 9 – Passed.
• Resolution 10 – Passed (special; 3/4 majority).
• Resolution 11 – Passed (special; 3/4 majority).
• Resolution 12 – Passed (special; 3/4 majority).

Governance & Auditors

• Cost Auditors remuneration ratified.
• Remuneration to CFO approved for FY 2027-28.

Material Related Party Transactions

• Approve RPT with Dixon Electro Appliances Private Limited.
• Approve RPT with Padget Electronics Private Limited.
• Approve RPT with IsmartU India Private Limited.
• Approve RPT with Kunshan Q Tech Microelectronics India Private Limited.
• Approve RPT with Dixtel Infocom Private Limited.

AGM details

• AGM held on 28 September 2026 at 11:00 A.M. IST via VC/OAVM.
• Record date for voting was 21 September 2026.
• Remote e-voting window ran 25–27 September 2026.
• 84 members attended via video conferencing.
• Scrutinizer appointed for the AGM: Shirin Bhatt & Associates.

Key resolutions

• Resolution 1: Ordinary adoption of Audited Standalone and Consolidated Financial Statements.
• Resolution 2: Ordinary declaration of dividend.
• Resolution 3: Ordinary appointment of Atul B. Lall as Director by rotation.
• Resolution 4: Ordinary ratification of remuneration to Satija & Associates, Cost Accountants.
• Resolution 5: Ordinary approval of Material Related Party Transactions with Dixon Electro Appliances Private Limited.
• Resolution 6: Ordinary approval of Material Related Party Transactions with Padget Electronics Private Limited.
• Resolution 7: Ordinary approval of Material Related Party Transactions with IsmartU India Private Limited.
• Resolution 8: Ordinary approval of Material Related Party Transactions with Kunshan Q Tech Microelectronics (India) Private Limited.
• Resolution 9: Ordinary approval of Material Related Party Transactions with Dixtel Infocom Private Limited.
• Resolution 10: Special: Re-appoint Sunil Vachani as Whole-Time Director for five years with remuneration.
• Resolution 11: Special: Re-appoint Atul B. Lall as Managing Director for five years with remuneration.
• Resolution 12: Special: Approve remuneration payable to Saurabh Gupta for FY 2027-28.

Voting status

• Voting conducted by remote e-voting and AGM e-voting; results to be communicated with Scrutinizer's report.

Directors & KMP changes

• Sunil Vachani re-appointed as Whole-Time Director for five years.
• Atul B. Lall re-appointed as Managing Director for five years.

Auditors & remuneration

• Remuneration for Cost Auditors ratified.
• Statutory and Secretarial Auditors delivered unqualified opinions for FY2025-26.

Material related party transactions

• Approved material RPTs with Dixon Electro Appliances Private Limited, Padget Electronics Private Limited, IsmartU India Private Limited, Kunshan Q Tech, and Dixtel Infocom.

Meeting Details

• Date: 22 September 2026; Time: 12:20 IST; Mode: Virtual; Type: One-on-One; Organiser: Enam Asset Management

Purpose

• Purpose: One-on-one investor meeting with Enam Asset Management.

Additional Notes

• No price sensitive information shared; no presentation made.

Meeting Details

• Date: 22 September 2026; Time: 12:20 IST; Virtual, One-on-One with Enam Asset Management (Institutional investor).
• No presentation was made at the meeting.

Meeting Details

• 21 September 2026, 11:15 IST; Virtual; One-on-One with Marcellus Investment.
• 21 September 2026, 1:30 P.M. IST; In person; One-on-One with Sohum Asset Managers.

Participants

• Key company participant: President – Chief Legal Counsel & Group Company Secretary.

Purpose

• Purpose: General investor interaction with analysts/investors.

Additional Notes

• No price-sensitive information shared; no presentation was made.

Target overview

• Target: Adivistar Electronics India Private Limited, OEM electronics including smartphones, India-based.

Transaction details

• Shareholding: 51% acquired; 25,50,000 shares at par Rs 10.
• Cost: Rs 2,55,00,000; cash consideration.
• Timeline: Incorporation on 13 Aug 2026; subscription paid 21 Sep 2026.
• Regulatory approvals: All requisite approvals obtained.
• Related party: Target is Dixon's subsidiary; promoter interest limited to parent.
• Background: Incorporated 13 Aug 2026; India-based OEM for electronic devices.

Rationale & industry

• Industry: Manufacturing; OEM of electronic devices including smartphones.
• Rationale: Bolster manufacturing excellence and smartphone ecosystem leadership in India.