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Dixon Technologies Acquires 51% Stake in Q Tech India

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Dixon Technologies (India) Limited (DTIL) has completed the acquisition of a majority stake in Kunshan Q Tech Microelectronics (India) Private Limited (Q Tech India). The deal, finalized on September 26, 2025, involved a total investment of about ₹553 crore through a combination of share purchase and share subscription.

As part of the transaction, DTIL purchased 16.15 million equity shares from Q Technology (Singapore) Private Limited and Kunshan Q Technology International Limited for around ₹428 crore, and subscribed to 4.7 million new shares in Q Tech India for ₹125 crore. With this, DTIL now holds 51% of Q Tech India, while Q Tech Singapore retains the remaining 49%.DTIL has also entered into a shareholders’ agreement with Q Tech India and Q Tech Singapore to govern management and shareholder rights. Both DTIL and Q Tech Singapore will have board nomination rights proportional to their shareholding and customary provisions regarding governance, exit rights, and dispute resolution.

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