Lumax Auto Technologies Limited has informed the Exchange that the Hon'ble National Company Law Tribunal, New Delhi Bench ('Hon'ble NCLT'), has today i.e. February 18, 2026, pronounced the final Order, sanctioning the Scheme 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.
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The National Company Law Tribunal (NCLT), New Delhi Bench has passed a final order on February 18, 2026, sanctioning the Scheme of Amalgamation between Lumax Ancillary Limited (Transferor Company) and Lumax Auto Technologies Limited (Transferee Company), along with their respective shareholders and creditors. The scheme is approved under Sections 230 to 232 of the Companies Act, 2013. As a result, Lumax Ancillary Limited will now stand merged into Lumax Auto Technologies Limited. This is an intra-group consolidation move.
Shareholders of Lumax Ancillary Limited will receive shares of Lumax Auto Technologies Limited as per the approved swap ratio, while existing LATL shareholders will own a larger, consolidated entity. The merger is expected to streamline operations and reduce administrative overheads within the Lumax group, which could be mildly positive for the stock.