Lumax Auto Technologies Limited has informed the Exchange about the Effectiveness of the Scheme of Amalgamation between IAC International Automotive India Private Limited ( Transferor Company ) and Lumax Auto Technologies Limited ( Transferee Company ) and their respective Shareholders and Creditors.
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Lumax Auto Technologies Limited has announced that its Scheme of Amalgamation with IAC International Automotive India Private Limited has become effective from May 18, 2026. Both companies filed the certified copy of the Hon'ble NCLT Order with the Registrar of Companies on this date. The scheme, which has an appointed date of October 1, 2025, was previously sanctioned by the NCLT New Delhi Bench. This marks the completion of the merger process where IAC International Automotive India Private Limited (Transferor Company) has been merged into Lumax Auto Technologies Limited (Transferee Company).
This amalgamation strengthens Lumax Auto Technologies by consolidating ownership of IAC International Automotive's operations, potentially expanding its product portfolio and market share in the automotive components sector. Shareholders should monitor for updates on integration benefits and any impact on financials.