Dixon Technologies (India) Limited, a leading electronic manufacturing services company, has received shareholder approval for key board appointments through postal ballot results declared on December 23, 2025. The shareholders approved the appointment of Mr. Saurabh Gupta as Director-Finance for a five-year term and the re-appointment of Dr. Rakesh Mohan as Non-Executive Independent Director.

Shareholder Approval Confirms Board Appointments

The company announced that shareholders have formally approved two critical board appointments through postal ballot. The appointments, initially approved by the Board of Directors on October 17, 2025, have now received the necessary shareholder endorsement as required under regulatory provisions.

Experienced Financial Leader Joins Dixon Technologies

Mr. Gupta brings over 22 years of experience in finance and strategy across various sectors, including manufacturing, cinema, real estate, and consulting. His appointment comes at a time when Dixon Technologies is showing strong financial performance, as evidenced by their recent financial results.

Professional Background and Expertise

Mr. Saurabh Gupta's credentials include:

• Chartered Accountant and Company Secretary qualifications
• MBA from MDI Gurgaon
• Advanced Management Program certification from Harvard Business School

His areas of expertise encompass:

• Capital raising (equity and debt)
• Risk and treasury management
• Investor relations
• Strategy formulation
• Mergers and acquisitions
• Corporate governance and leadership

Professional Accolades and Recognition

Mr. Gupta has received multiple professional honors throughout his career, including:

• Best CFO in Manufacturing Infrastructure by the Institute of Chartered Accountants of India (2020)
• Young CFO of the Year by CII CFO Excellence Awards (2021)
• Emerging CFO of the Year - Large by ET CFO (2025)

Prior to joining Dixon Technologies, Mr. Gupta held positions at notable companies such as PVR Ltd., Unitech, and McKinsey & Company.

Dr. Rakesh Mohan's Continued Leadership

Dr. Rakesh Mohan's re-appointment as Non-Executive Independent Director for a second five-year term reflects the company's confidence in his expertise. Dr. Mohan brings extensive experience in economics and policy, holding degrees from Imperial College London, Yale University, and Princeton University. He currently serves as President and Distinguished Fellow of the Centre for Social and Economic Progress (CSEP), New Delhi.

Dixon Technologies' Recent Financial Performance

The board appointments align with Dixon Technologies' strong financial trajectory. According to the company's recent consolidated financial results:

The company has demonstrated substantial growth, with revenue from operations increasing by 52.87% year-over-year for the first half of FY2026. The profit after tax has also shown a remarkable increase of 85.84% compared to the same period in the previous year.

Strategic Implications

The confirmed appointments of Mr. Saurabh Gupta as Director-Finance and Dr. Rakesh Mohan's continued role as Independent Director are expected to strengthen Dixon Technologies' financial strategy and governance framework. Mr. Gupta's extensive experience in capital raising and mergers and acquisitions could support the company's growth initiatives, while Dr. Mohan's economic expertise will continue to guide strategic decision-making.

Both appointees have been confirmed as not being debarred from holding director positions by SEBI or any other regulatory authority, ensuring compliance with corporate governance requirements.

Dixon Technologies (India) Limited , a leading electronic manufacturing services (EMS) company, has reported strong financial results for the second quarter of fiscal year 2026, showcasing significant growth across key metrics.

Financial Highlights

The company's consolidated revenue for Q2 FY2026 stood at ₹15,351.00 crores, marking a substantial 33% increase compared to the same period last year. This robust top-line growth was accompanied by an even more impressive bottom-line performance, with Profit After Tax (PAT) surging by 81% to reach ₹746.00 crores.

Half-Year Performance

Dixon Technologies maintained its growth momentum in the first half of FY2026:

The company's half-yearly consolidated revenue reached ₹28,188.00 crores, reflecting a 56% year-on-year increase. EBITDA for H1 FY2026 more than doubled, growing by 128% to ₹1,541.00 crores, while PAT saw a significant 86% rise to ₹1,026.00 crores.

Strategic Developments

Dixon Technologies has made several strategic moves during this period:

1. Employee Stock Options: The board approved the grant of 7,000 stock options under its Employee Stock Option Plan 2023, aligning employee interests with company growth.

2. New Entities: The company incorporated two new entities:

   • Lightanium Technologies Private Limited as a joint venture
   • Dixon Electrocorp Private Limited as a wholly-owned subsidiary

3. Strategic Acquisition: Dixon completed the acquisition of a 51% stake in Kunshan Q Tech Microelectronics (India) Private Limited for ₹553.00 crores, potentially expanding its technological capabilities and market reach.

The company's strong financial performance, coupled with strategic initiatives in expanding its business portfolio, positions Dixon Technologies for continued growth in the dynamic electronics manufacturing sector.

Dividend Announcement

The Board of Directors has approved a final dividend of ₹8.00 per equity share (face value ₹2.00) for the financial year 2024-2025, subject to shareholder approval at the Annual General Meeting.

Dixon Technologies' robust Q2 results reflect its strong market position and effective execution of growth strategies in the electronics manufacturing space. The company's focus on diversification and strategic acquisitions may further strengthen its competitive edge in the coming quarters.