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TMI BlogCCI approves acquisition of up to 56% shareholding of Ismartu India Private Limited by Dixon Technologies (India) LimitedX X X X Extracts X X X X X X X X Extracts X X X X ..... CCI approves acquisition of up to 56% shareholding of Ismartu India Private Limited by Dixon Technologies (India) Limited - News and Press Release Dated:- 19-7-2024 - News - CCI approves acquisition of up to 56% shareholding of Ismartu India Private Limited by Dixon Technologies (India) Limited - - - Dated:- 19-7-2024 - The Competition Commission of India (CCI) has approved the acquisition of up ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to 56% shareholding of Ismartu India Private Limited (Target) by Dixon Technologies (India) Limited (Acquirer). The Acquirer (through various subsidiaries and joint ventures in India) is involved in the business of providing Engineering and Manufacturing Services (EMS). Acquirer s product line includes EMS for communication devices like mobile phones as well as other communication devices such as ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... laptops, tablets. In addition to communication devices, the Acquirer also provides EMS for lighting solutions, television, washing machines, security systems, wearables and hearables etc. The Target is the Indian subsidiary of Ismartu Ind. Pte. Limited. The Target is involved in the business of providing EMS, in relation to the manufacturing mobile phones, Printed Circuit Board Assembly, LCD Modul ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e display and other ancillary services for mobile phones. The Target is engaged in production, assembly, testing, procurement, failure analysis, etc. in relation to its business. Detailed order of the CCI will follow. - - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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