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Lumax Auto Technologies Ltd was incorporated in 1981 and is a part of the D.K. Jain Group of companies. It is engaged in the business of manufacturing and supplying of Automotive Lamps, Plastic Moulded Parts, and Frame Chassis to two, three, and four-wheeler segmentsIt has Partnerships with 7 Global players like Yokowo(Japan), JOPP(Germany), and few others.
Lumax Auto Technologies has completed acquiring the remaining 15.97% equity stake in Lumax FAE Technologies Private Limited (LFAE). This key move makes LFAE a Wholly Owned Subsidiary, granting Lumax Auto Tech full control. Crucially, Francisco Albero SAU (FAE) will continue providing technical support, ensuring expertise continuity. This full integration is...
Lumax Auto Technologies will fully acquire Lumax FAE Technologies (LFAE) by purchasing the remaining 15.97% stake for approximately Rs 1.92 Cr. This strategic move makes LFAE, a key supplier of oxygen (O2) sensors to Indian automotive OEMs, a 100% wholly-owned subsidiary. The acquisition gives Lumax complete control, strengthening its product...
Lumax Auto Technologies has greenlit the acquisition of the remaining 15.97% stake in Lumax FAE Technologies (LFAE) for ₹1.92 Cr. This strategic move makes LFAE, a key supplier of oxygen sensors to Indian automotive OEMs, a wholly-owned subsidiary. The goal is to gain full control over this critical automotive components...
Lumax Auto Technologies (LATL) merger with IAC International Automotive India has been approved by NCLT. This strategic amalgamation aims for greater integration, financial strength, cost savings, and operational synergies, ultimately maximizing shareholder value. All assets, liabilities, and employees of IAC will transfer to LATL from the appointed date of October...
Lumax Auto Technologies and IAC International Automotive India's merger plan has reached a key stage. The NCLT has reserved its order on their amalgamation. This is a significant step forward, especially since key authorities like SEBI, the Official Liquidator, and the Income Tax Department have stated they have no objections...