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Dixon Technologies shares gain 3% as firm to buy majority stake in Ismartu

Dixon Technologies shares opened higher at Rs 7805. The market cap of the consumer durables firm rose to Rs 46,012 crore.
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Dixon Technologies to acquire majority stake in Ismartu India

Dixon Technologies to acquire majority stake in Ismartu India
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Dixon to acquire majority stake of Ismartu India

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ismartu india: Dixon to acquire majority stake of Ismartu India

Dixon Technologies, a leading contract manufacturer in India, is set to acquire a majority stake in Ismartu India, a leading electronics and mobile device manufacturing firm. The company has entered into a share purchase agreement to acquire a 50.10% stake in the first tranche from Ismartu Singapore, Transsion Technology Ltd, and 5A advisors LLP. The acquisition is in line with Dixon Technologies strategy to grow in the business segment and achieve strategic goals. ....

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