Acquisitions27 Feb 2026, 09:14 pm
Lumax Auto Technologies Receives Approval for Scheme of Arrangement of Amalgamation
AI Summary
Lumax Auto Technologies Limited has informed the Exchange about the approval of the Scheme of Arrangement of Amalgamation between Lumax Ancillary Limited and Lumax Auto Technologies Limited by the Hon'ble National Company Law Tribunal, New Delhi Bench. The Second Motion petition has been allowed, although the pronouncement date of the final Order is yet to be listed. The copy of the Order has not been uploaded on the official website of Hon'ble NCLT yet. The information will be updated on the Company's website once available.
Key Highlights
- Lumax Auto Technologies Limited has received approval for the Scheme of Arrangement of Amalgamation from the Hon'ble National Company Law Tribunal, New Delhi Bench.
- The Second Motion petition has been allowed, but the pronouncement date of the final Order is yet to be listed.
- The copy of the Order passed by the Hon'ble NCLT is not uploaded on their official website yet.
- The Company will update the information on their website once the Order is available.
- This development is significant for Lumax Auto Technologies Limited and its shareholders.