Dixon Technologies said the search concluded at 8 PM on the same day, adding that the impact on financial, operation or other activities of the listed entity cannot be quantified at this point of time.
Dixon Tech is design-focused and solutions company engaged in manufacturing products in the consumer durables, lighting and mobile phones markets in India.
Dixon Tech, Netweb: This announcement will give thrust to important electronics where India is reliant on imports, said Divam Sharma, Founder and CEO of Green Portfolio PMS.
Shares of Dixon Technologies rose 5.04 per cent to hit a high of Rs 3,867.90 on BSE. The Indian EMS industry is well-positioned to unlock its true potential in the coming years, Dixon said.