In a significant market development, Sunil Vachani, Chairperson and promoter of Dixon Technologies (India) Ltd., offloaded a 2.77% stake in the company through an open market transaction valued at Rs. 2,221.34 crore. This strategic divestment saw Motilal Oswal Mutual Fund acquiring a major portion, increasing its shareholding substantially. The move coincides with Dixon’s impressive financial performance, posting a fourfold surge in net profit for Q4 FY25 and solid revenue growth for the full fiscal year.