Internal amalgamation between subsidiaries becomes effective
LUMAXTECH · price
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Lumax Auto Technologies announced that the NCLT-sanctioned scheme of amalgamation between its step-down subsidiary Greenfuel Energy Solutions and wholly owned subsidiary Lumax Resources became effective on February 3, 2026, after filing the NCLT order with the Registrar of Companies. The appointed date is November 26, 2024. This is an internal restructuring of subsidiaries with no change in Lumax's direct shareholding.
Internal group restructuring; no direct impact on Lumax's shareholding or consolidated financials.