Lumax Auto Technologies Limited has informed the Exchange that the Hon'ble National Company Law Tribunal, New Delhi Bench ('Hon'ble NCLT'), has vide its order pronounced on May 08, 2026, approved the Scheme of Amalgamation between IAC International Automotive India Private Limited ( Transferor Company ) and Lumax Auto Technologies Limited ( Transferee Company / the Company ) and their respective Shareholders and Creditors ( Scheme ).
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The Hon'ble NCLT, New Delhi Bench has approved the Scheme of Amalgamation between IAC International Automotive India Private Limited (Transferor Company) and Lumax Auto Technologies Limited (Transferee Company). The order was pronounced on May 8, 2026. The appointed date for the scheme is October 1, 2025. The Transferor Company (formerly Lumax Integrated Ventures Private Limited) will be merged into Lumax Auto Technologies as a going concern, and will stand dissolved without winding up upon the scheme becoming effective after filing with the Registrar of Companies. The rationale includes achieving operational synergies, cost savings, pooling of managerial and financial resources, and economies of scale. All liabilities, contracts, and pending proceedings of the Transferor Company will transfer to the Transferee Company.
Shareholders of Lumax Auto Technologies will benefit from the consolidation of operations and expected cost synergies. The merger is expected to strengthen the company's financial position and operational efficiency. No impact on stock price is expected immediately as the scheme becomes effective only upon filing with RoC.