Dixon Technologies to form JV with Signify Innovations India

Dixon Technologies (India) has entered into a binding term sheet and subsequently executed a joint venture agreement (JVA) with Signify Innovations India (Signify) to form a 50:50 joint venture company, i.e. Lightanium Technologies (JV Company) to carry on the OEM business of lighting products and accessories, subject to completion of customary conditions precedent (Proposed Transaction).