Lumax Auto exits JV, sells 50% stake to Jopp Holding GmbH

Core Business DivestedStrategic Transactions View source PDF Explain this filing

LUMAXTECH · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.6%Reaction day

₹1510.90

prior close

₹1508.70

announcement price

After-mkt

timing

Nifty Microcap 250market+1.0%+0.6% vs market

Auto Components & Equipments peers, median of 116sector+0.8%+0.8% vs sector

On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250 and 0.8 pts more than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.7

10m

+0.2

15m

+0.1

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.6+1.0+0.6+0.8+0.8

Next day

+0.9+1.2-0.3+1.5-0.5

+0.7+2.1-1.4+3.1-2.4

+1.0+1.7-0.7+2.9-1.9

+0.4+1.9-1.5+2.6-2.2

-1.3+1.2-2.5+1.7-3.0

-1.3+1.1-2.3+1.8-3.1

15d

-3.1+1.6-4.7+2.0-5.1

+0.5+0.1+0.4+2.3-1.8

+37.9+6.6+31.2+6.1+31.7

+35.8+5.5+30.3+5.1+30.7

UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 116Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Lumax Auto Technologies completed the sale of its entire 50% stake in Lumax Jopp Allied Technologies to JV partner Jopp Holding GmbH, Germany on June 29, 2026. Following this, Lumax Jopp Allied Technologies ceases to be a JV of the company with effect from June 29, 2026.

Likely market impact

Shareholders should note full exit from the JV with Jopp Holding. Impact on consolidated revenue and earnings to be assessed.