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Dixon to acquire 50% in Chinese mobile phone manufacturer Ismartu

Dixon to acquire 50% in Chinese mobile phone manufacturer Ismartu
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Dixon Technologies: Dixon to buy majority stake in Transsion manufacturing unit, ET Telecom

“Dixon Technologies (India) Limited has entered into a share purchase agreement with Ismartu In Pte. Limited (Ismartu Singapore), Transsion Technology Limited, 5A Advisors LLP and Ismartu India Private Limited (Ismartu) for the proposed acquisition of a majority stake constituting 50.10%,” Dixon said in a regulatory filing.

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Stocks in news: Tata Motors, Axis Bank, Gland Pharma, RBL Bank, HG Infra, Jana SFB and more

Tata Motor's arm Jaguar Land Rover (JLR) reported more than 20 per cent YoY growth in its sales for FY24 on improved production and sustained global demand.

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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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