SJS Enterprises Signs Technology License Agreement with BOE Varitronix for Automotive Displays
S.J.S. Enterprises Limited (SJS) has executed a Technology License Cum Exclusive Supply Agreement (TLA) with BOE Varitronix Limited (BOEVX) on December 18, 2025. This agreement follows a Memorandum of...
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Why is S.J.S. Enterprises Limited in the news today?
S.J.S. Enterprises Limited (SJS) is in the news due to the agreement represents a strategic partnership that allows sjs to enter a new high-growth vertical in the automotive display market, leveraging advanced technology and promoting localization, which is positive for the company's future prospects.
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SJS Enterprises Signs Technology License Agreement with BOE Varitronix for Automotive Displays
December 18, 2025, 11:58 AM
S.J.S. Enterprises Limited (SJS) has executed a Technology License Cum Exclusive Supply Agreement (TLA) with BOE Varitronix Limited (BOEVX) on December 18, 2025. This agreement follows a Memorandum of Understanding signed on September 16, 2025.
The collaboration focuses on the manufacturing and assembly of automotive display systems in India. BOEVX will transfer its Licensed Technology, Know-How, and technical information to SJS, along with providing technical support for manufacturing, assembly, testing, quality control, and supply of these systems. SJS will receive a license for the Licensed Technology in India for a period of 5 years, granting them the rights to manufacture, market, and sell the Target Products within India.
BOEVX will also supply essential components and support the localization of cover glass and backlight units. The agreement involves monetary consideration for component supply, with prices to be mutually decided. This partnership is expected to enable SJS to enter the automotive display manufacturing sector using advanced technology, support backward integration, enhance product capabilities, facilitate localization of key components, strengthen SJS's market position, and establish a new high-value growth vertical aligned with OEM demand in India. The transaction does not involve related party transactions, and promoters have no interest in BOEVX.
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