NCLT reserves order on Lumax Auto and IAC amalgamation scheme

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LUMAXTECH · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-4.9%Reaction day

₹1574.90

prior close

₹1574.90

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.6%-4.3% vs market

Auto Components & Equipments peers, median of 109sector-0.8%-4.1% vs sector

On the reaction day the stock moved 4.3 pts less than Nifty Microcap 250 and 4.1 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.5

10m

-2.7

15m

-2.9

30m

-3.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.9-0.6-4.3-0.8-4.1

Next day

-7.9-1.5-6.4-1.3-6.6

-7.4-1.8-5.6-2.0-5.4

-1.9-0.6-1.3-0.9-1.0

+0.8+0.8+0.1+0.2+0.6

-0.2+0.8-1.0+0.0-0.2

-3.4-0.2-3.2-0.5-2.9

15d

+5.8+1.1+4.7+1.1+4.6

-3.0-3.5+0.6-3.4+0.5

+4.8-3.2+8.1-1.4+6.2

-7.5-12.8+5.2-12.4+4.9

UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 109Pending

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

AI summary

NCLT New Delhi heard the 1st Motion petition for the scheme of amalgamation of IAC International Automotive India with Lumax Auto Technologies under Section 230-232 of the Companies Act on December 10, 2025, and reserved its order, which is now awaited. This is the initial step in the merger approval process; a favourable order will allow the scheme to progress to the next stage.

Likely market impact

Procedural update with no immediate impact on shareholders; the NCLT order on the merger scheme is awaited.