LUMAXTECHNSELumax Auto Technologies Limited· Auto AncillariesHighNeutral
Announced Fri, 27 Feb · 20:49 IST

Lumax Auto Technologies Limited has informed the Exchange with reference to the intimation dated February 18, 2026, in respect of the Scheme of Arrangement of Amalgamation between Lumax Ancillary Limited ( Transferor Company ) and Lumax Auto Technologies Limited ( Transferee Company ) and their respective Shareholders and Creditors( Scheme ), in accordance with the provisions of Section 230 to 232 and other applicable provisions of the Companies Act, 2013, read with the rules framed thereunder, that the Hon'ble National Company Law Tribunal, New Delhi Bench ('Hon'ble NCLT'), on February 18, 2026, has allowed/reserved the Second Motion petition.However, the pronouncement date of the final Order is yet to be listed by the Hon'ble NCLT.

Nclt Scheme FiledStrategic Transactions View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Lumax Auto Technologies has informed the stock exchanges that the National Company Law Tribunal (NCLT), New Delhi Bench, has allowed/reserved the Second Motion petition in the proposed Scheme of Amalgamation between Lumax Ancillary Limited (the merging entity) and Lumax Auto Technologies Limited (the surviving listed entity). The scheme is being carried out under Sections 230 to 232 of the Companies Act, 2013. The NCLT has reserved the petition, but the date for pronouncement of the final order has not yet been listed. The written order is also yet to be uploaded on the NCLT website, and the company will share it once available.

Likely market impact

The amalgamation is moving forward through the NCLT approval process, which is a positive step towards consolidation. Shareholders should watch for the final order date, as completion of the merger could simplify the group structure, but the exact share swap ratio and financial impact are not disclosed in this filing.