Dixon Technologies (India) Ltd has, on 12th April, 2019, acquired, by way of acquisition, 75,00,000 fully paid up equity shares of face value of Rs. 10/- each of Padget Electronics Private Limited ("Target Company"), which represents 50% of total Equity Share capital of the Target Company.
Consequently, post the completion of the acquisition, the Target Company has become a wholly owned subsidiary of the Company as the Company previously held 50% of equity holding in the Target Company.
Shares of Dixon Technologies (India) Ltd was last trading in BSE at Rs.2349 as compared to the previous close of Rs. 2389.2. The total number of shares traded during the day was 1597 in over 384 trades.
The stock hit an intraday high of Rs. 2462.25 and intraday low of 2325. The net turnover during the day was Rs. 3866794.