Dixon Technologies has completed the acquisition of a 51% stake in Kunshan Q Tech Microelectronics (India) Private Limited (Q Tech India) for a total consideration of ₹552.9 Crores. The acquisition was finalized on September 26, 2025, through a combination of share purchase and subscription. This strategic move will enhance Dixon’s capabilities in the camera module segment.
Strategic Acquisition Completed
Dixon Technologies (India) Limited has finalized its acquisition of a 51% stake in Q Tech India on September 26, 2025. The total investment amounts to ₹552.9 Crores. This acquisition aims to strengthen Dixon’s presence and technological capabilities in the camera module manufacturing sector. The initial announcement regarding the proposed transaction was made earlier this year.
Details of the Transaction
The acquisition was executed through a combination of share purchase and subscription. Dixon Technologies acquired a total of 20,867,924 equity shares of Q Tech India for an aggregate consideration of ₹552.9 Crores. The breakdown includes:
- Share Purchase: 16,150,943 equity shares from Q Tech Singapore and Q Tech International for ₹427.9 Crores.
- Share Subscription: 4,716,981 newly issued equity shares for ₹124.9 Crores.
Shareholder Agreement
In conjunction with the acquisition, Dixon Technologies has also entered into a shareholder’s agreement with Q Tech Singapore to govern their inter-se relationship in managing Q Tech India. This agreement, effective immediately, outlines rights and responsibilities of both parties concerning the company’s operations and strategic direction.
Impact on Shareholding
Following the completion of the transaction, the shareholding structure of Q Tech India is as follows:
- Dixon Technologies (along with its nominees): 51%
- Q Tech Singapore: 49%
Source: BSE
