DCX Systems Limited has secured significant purchase orders totaling ₹17.45 crores, while its wholly owned subsidiary has received additional orders worth ₹14.19 crores, bringing the combined order value to ₹31.64 crores.

Parent Company Order Details

DCX Systems Limited received purchase orders from domestic and international customers for the manufacture and supply of cable and wire harness assemblies. The order details are structured as follows:

Subsidiary Company Performance

Raneal Advanced Systems Private Limited, the company's wholly owned subsidiary, secured separate purchase orders for specialized manufacturing services. The subsidiary's order specifications include:

Regulatory Compliance and Communication

The company formally communicated these developments to both BSE Limited and National Stock Exchange of India Limited on April 14, 2026. The notification was signed by Gurumurthy Hegde, Company Secretary, Legal and Compliance Officer, ensuring proper regulatory disclosure under applicable stock exchange requirements.

Company Profile

DCX Systems Limited operates as an AS 9100D certified aerospace and defense manufacturer. The company is headquartered at the Aerospace SEZ Sector in Hitech Defence and Aerospace Park, Bengaluru Rural, Karnataka. Both the parent company and its subsidiary serve domestic and international markets, focusing on specialized manufacturing solutions for the aerospace and defense sectors.

DCX Systems Limited has announced a postal ballot notice dated April 09, 2026, seeking shareholder approval for material related party transactions with ELTX Systems Private Limited. The company requires member approval for transactions valued at ₹2,000 crores during financial year 2026-27.

Regulatory Compliance and Publication

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, DCX Systems published newspaper advertisements regarding the postal ballot notice and remote e-voting information on April 10, 2026. The advertisements appeared in Financial Express (English) and Samyukta Karnataka (Kannada) newspapers, ensuring compliance with regulatory disclosure requirements.

Transaction Details and Scope

The proposed related party transactions encompass multiple business activities conducted in the ordinary course of business on an arm's length basis. The transactions include purchase and sale of goods, materials, and products, availing and rendering of operational, technical, and support services, purchase and sale of fixed assets including plant, machinery, and equipment, and other operating revenue, income recovery, and expense reimbursements.

ELTX Systems Private Limited serves as an associate company and joint venture of DCX Systems, established in partnership with ELTA SYSTEMS LIMITED, Israel. The entity operates as a critical technology partner and supplier for RADAR and EW Systems, which form integral components of DCX Systems' core business operations.

Financial Impact and Regulatory Context

Based on DCX Systems' consolidated turnover of ₹1,083.67 crores for FY 2024-25, the proposed transaction represents approximately 184.56% of the company's annual consolidated turnover. This classification renders the transaction material under SEBI Listing Regulations, requiring shareholder approval through ordinary resolution.

E-Voting Schedule and Process

The company has established a comprehensive e-voting timeline for shareholder participation:

Shareholders can access the e-voting platform through https://instavote.linkintime.co.in , with MUFG Intime India Private Limited serving as the registrar and share transfer agent. The company has appointed Mr. Pramod S (ACS No. 36020) as the scrutinizer to conduct the postal ballot process.

Strategic Business Rationale

The collaboration with ELTX enables DCX Systems to leverage shared technical expertise, integrated supply chains, and specialized manufacturing capabilities. This partnership supports the company's participation in Make-In-India and Atmanirbhar Bharat programs for supplying to Indian Armed Forces, Defence Public Sector Undertakings (DPSUs), and large corporates.

With background technology transfer from ELTA SYSTEMS LTD to ELTX, the joint venture enhances DCX Systems' capability for greater market opportunities while enabling mutual growth through enhanced technical and manufacturing capabilities. The transactions are designed to optimize procurement processes, improve operational efficiency, and create long-term shareholder value.