LUMAXTECHNSELumax Auto Technologies Limited· Auto ComponentsHighNeutral
Announced Tue, 12 May, 2026 · 20:00 IST

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 ).

Nclt Scheme FiledStrategic Transactions View source PDFExplain this filing

LUMAXTECH · price

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Price reactionminutes from the announcement price · days from the prior close
+0.8%Reaction day
₹1652.50
prior close
₹1633.00
announcement price
After-mkt
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Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.7%+0.1% vs market
Auto Components & Equipments peers, median of 116sector+0.0%+0.7% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty Microcap 250 and 0.7 pts more than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
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Next day
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UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 116Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

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.

Likely market impact

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.