Dixon Tech & Apollo Tyres: IP Deals and NCD Funding
By ThePip Desk
Discover recent corporate moves as Dixon’s subsidiary DEAPL secures an Aviat IP license for microwave radios, and Apollo Tyres raises Rs 500 crore via NCDs.
Corporate strategy is shifting as major players lock in critical technological partnerships and secure vital capital through debt markets. Two prominent industrial updates highlight distinct operational maneuvers in the manufacturing and automotive sectors.
DEAPL Expands Microwave Radio Capabilities
Dixon Technologies operating through its subsidiary or joint venture Dixon Electro Appliances has entered into an strategic intellectual property license agreement. The partnership involves Aviat Networks India and was officially finalized on September 30, 2026.
- Partner involved: Aviat Networks (India)
- Agreement date: September 30, 2026
- Scope: Limited license for technical know-how and microwave radios
Under the terms of the agreement, DEAPL receives authorization solely for manufacturing, using, offering for sale, and selling microwave radios. Dixon Technologies India continues to operate as an integrated end-to-end product and solution suite provider catering to original equipment manufacturers.
Apollo Tyres Secures Capital via Private Placement
In a separate financial development, Apollo Tyres successfully raised substantial capital through a private placement of debt instruments approved by its Committee of Directors on September 30, 2026.
- Total fundraising value: Rs 500 crore
- Approval date: September 30, 2026
- Instrument type: Non-Convertible Debentures
The issuance comprises secured, listed, rated, and redeemable Non-Convertible Debentures approved by the Committee of Directors. These financial maneuvers underscore the ongoing capital management and strategic expansion efforts undertaken by key industry participants.