Dixon Technologies (India) Limited has notified stock exchanges regarding institutional investor meetings conducted on March 24, 2026, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details and Participants

The company held two separate investor meetings on March 24, 2026, with prominent financial institutions. The meetings were structured as one-on-one sessions to facilitate direct communication between company officials and institutional investors.

Regulatory Compliance and Information Sharing

Dixon Technologies emphasized its adherence to regulatory requirements by confirming that no unpublished price sensitive information was disclosed during these meetings. The company also stated that no presentation was made during the investor interactions, maintaining transparency in its communication practices.

SEBI Regulation Framework

The meetings were conducted pursuant to Regulations 30 and 46 of the SEBI (LODR) Regulations, 2015, read with Para A and Part A of Schedule III of the said regulations. This regulatory framework ensures that listed companies maintain proper disclosure standards when engaging with institutional investors and analysts.

The notification was signed by Ashish Kumar, President-Chief Legal Counsel & Group Company Secretary, and submitted to both BSE Limited and National Stock Exchange of India Limited as required under the listing obligations.

Dixon Technologies management showcased optimism during an Investec conference, expressing strong confidence about securing regulatory approvals and expanding their manufacturing capabilities across multiple segments.

Vivo Joint Venture Approval Expected

The company's leadership demonstrated confidence in receiving PN3 approval for their joint venture with Vivo. This regulatory clearance represents a significant milestone for the partnership's operational framework.

Post approval, the joint venture is positioned to manufacture two-thirds of the 35 million mobiles sold by Vivo in India, creating substantial volume opportunities for Dixon Technologies.

Strategic Growth Initiatives

Dixon Technologies is implementing multiple strategic initiatives to strengthen its market position:

• Backward Integration: Expanding manufacturing capabilities upstream
• New Product Development: Diversifying product portfolio
• Export Expansion: Targeting international markets
• Industrial EMS Entry: Planning foray into industrial electronics manufacturing services

These initiatives are expected to drive sharp growth in mobile volumes over the FY26e-28e period, positioning the company for sustained expansion.

Mobile Market Outlook

Management provided encouraging updates on mobile market conditions during the conference. The demand environment is performing better than initially anticipated, suggesting resilience in the smartphone segment.

For FY27e, mobile volumes excluding the Vivo partnership are expected to broadly match FY26e levels, indicating stable demand patterns in the company's existing mobile manufacturing operations.

Business Expansion Strategy

The company's strategic direction encompasses both organic growth through existing partnerships and expansion into new segments. The planned entry into industrial EMS space represents a significant diversification move, potentially opening new revenue streams beyond consumer electronics manufacturing.

Dixon Technologies' multi-pronged approach combining regulatory milestone achievements, strategic partnerships, and operational expansion initiatives positions the company for comprehensive growth across its manufacturing ecosystem.