Aditya Infotech Board Approves JV, New Manufacturing Projects, and Financial Results for Q3 FY26
Aditya Infotech approved Q3 FY26 results and a 50:50 JV with Orient Cables for cable manufacturing. A subsidiary plans a new greenfield plant for CCTV components and capacity expansion. The company also proposed amending AoA for a director nomination by Dixon Technologies.
The announcement involves significant strategic initiatives like a joint venture and new manufacturing projects, which are expected to have a substantial impact on the company's future operations and market position.
The company announced multiple positive developments including financial results, a new joint venture, and plans for expanding manufacturing capabilities, indicating growth and strategic expansion.
Aditya Infotech Limited announced that its 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 entered into a Memorandum of Understanding (MoU) with Orient Cables (India) Limited for a 50:50 joint venture focused on manufacturing electric cables, LAN cables, CCTV cables, terminated assemblies, and connectors. This JV is subject to definitive agreements and necessary approvals.
Furthermore, AIL Dixon Technologies Private Limited, a material subsidiary, plans to establish a greenfield manufacturing facility in Kadapa, Andhra Pradesh, for plastic and metal housing components for CCTV products. This aims for backward integration and cost optimization. The subsidiary also intends to augment capacity at its existing plant in Kadapa.
Additionally, the Board approved an amendment to the Articles of Association to allow Dixon Technologies (India) Limited to nominate one Director, subject to shareholder and regulatory approvals. The Board meeting commenced at 17:28 IST and concluded at 18:27 IST.
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