Lumax Auto Technologies Limited has informed the Exchange that in respect 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, the Hon'ble National Company Law Tribunal, New Delhi Bench ('Hon'ble NCLT') has, vide its order dated April 15, 2026, received by the Company today i.e.; April 22, 2026, allowed/reserved the order with respect to the Second Motion petition.
LUMAXTECH · price
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On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250 and 0.4 pts less than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Lumax Auto Technologies has received intimation that the National Company Law Tribunal (NCLT), New Delhi Bench, has reserved its order dated April 15, 2026, on the Second Motion petition for the Scheme of Amalgamation involving IAC International Automotive India Private Limited as the Transferor Company and Lumax Auto Technologies as the Transferee Company. The tribunal heard arguments from all parties including SEBI, the Official Liquidator, and the Income Tax Department. SEBI and IT Department confirmed they have no further objections to the scheme. The final order pronouncement date is yet to be listed by the NCLT.
This is a positive procedural step indicating the amalgamation is progressing through regulatory approvals. The reserved order suggests the tribunal is inclined to approve the scheme, though shareholders must wait for the final order. No immediate impact on stock price expected until formal approval.