Aditya Infotech Board Approves Financials, Proposes Joint Venture and Manufacturing Expansion
Aditya Infotech's Board approved Q3 FY26 financials. The company entered an MoU for a 50:50 JV with Orient Cables for cable manufacturing. A subsidiary will set up a greenfield plant for CCTV components and augment existing capacity. The company also proposed amending AoA to allow a director nomination by Dixon Technologies.
The formation of a joint venture and significant capital expenditure for new manufacturing facilities and capacity expansion are material events that will likely have a substantial impact on the company's future operations and financial performance.
The company announced financial results, a strategic joint venture, and expansion plans, all of which are positive developments for business growth.
Aditya Infotech Limited's Board of Directors, in a meeting held on February 12, 2026, approved the unaudited financial results for the quarter and nine months ended December 31, 2025. The company also announced a significant step towards expanding its business through a Memorandum of Understanding (MoU) with Orient Cables (India) Limited to form a 50:50 joint venture for manufacturing electric cables, including LAN and CCTV cables, terminated assemblies, and connectors. This JV will involve incorporating a new private limited company.
Furthermore, AIL Dixon Technologies Private Limited, a material subsidiary, intends to establish a greenfield manufacturing facility for plastic and metal housing components for CCTV products in Kadapa, Andhra Pradesh. This initiative aims to centralize component manufacturing for internal consumption, enabling backward integration and cost optimization. The subsidiary also plans capacity augmentation at its existing plant in Kadapa.
In a move towards enhanced corporate governance, the company proposed an amendment to its Articles of Association to allow Dixon Technologies (India) Limited the right to nominate one Director to the Board, subject to shareholder and regulatory approvals.
The Board meeting commenced at 17:28 IST and concluded at 18:27 IST.
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