Dixon Technologies has incorporated a wholly owned subsidiary (WOS), Dixon Electrocorp Private Limited, on September 29, 2025. The new subsidiary will focus on manufacturing and dealing in electronic-related products, including lithium-ion batteries and related components. The subscription money for the WOS has been fully paid by Dixon Technologies, signaling a strategic expansion into the battery manufacturing segment.
Dixon Electrocorp Incorporated
Dixon Technologies has announced the incorporation of a new wholly owned subsidiary, named Dixon Electrocorp Private Limited. This move signals the company’s intent to expand its footprint in the electronics manufacturing sector. The incorporation was effective as of September 29, 2025.
Business Focus
Dixon Electrocorp is set to specialize in the manufacturing and trading of a wide array of electronic products. This includes, but is not limited to, batteries, lithium-ion (Li-ion) batteries, Li-ion battery cells, Li-ion cells for digital applications, battery packs, and battery modules, as well as related products, equipment, and components.
Financial Details
The company has fully subscribed to 10,000 equity shares of Dixon Electrocorp, with a face value of ₹10 each, for a total consideration of ₹1,00,000. This confirms Dixon Technologies’ commitment to supporting the new subsidiary’s growth and development.
Source: BSE