Lumax Auto Technologies Limited has informed the Exchange about the Pronouncement of Order by the Hon'ble National Company Law Tribunal, Chandigarh Bench sanctioning the Scheme of Arrangement for Amalgamation of Greenfuel Energy Solutions Private Limited and Lumax Resources Private Limited and their respective Shareholders and Creditors

The National Company Law Tribunal (NCLT), Chandigarh Bench has pronounced an order sanctioning the Scheme of Arrangement for amalgamation of two private companies — Greenfuel Energy Solutions Private Limited and Lumax Resources Private Limited — into Lumax Auto Technologies Limited. The scheme covers their respective shareholders and creditors. With this order, the amalgamation has received the key regulatory approval needed to proceed. Shareholders should watch for the next steps, including the effective date and any share swap ratio that may be communicated in a follow-up filing.