Scheme of Amalgamation Between IAC International Automotive India and Lumax Auto Technologies Becomes Effective
Lumax Auto Technologies Limited confirmed the effective date of the Scheme of Amalgamation involving IAC International Automotive India Private Limited and the company. The amalgamation, which includes their respective Shareholders and Creditors, is now officially effective as of May 18, 2026.The transaction follows the pronouncement of an order by the National Company Law Tribunal, New Delhi Bench, sanctioning the Scheme of Amalgamation.
The Scheme, which had an appointed date of October 01, 2025, became effective on Monday, May 18, 2026. This date marks the legal completion of the process following the order sanctioning the amalgamation between the Transferor Company, IAC International Automotive India Private Limited, and the Transferee Company, Lumax Auto Technologies Limited.
Key details concerning the companies and the status of the transaction:
| Entity Type | Name | Role in Amalgamation |
|---|---|---|
| Transferor Company | IAC International Automotive India Private Limited | Transferor |
| Transferee Company | Lumax Auto Technologies Limited | Transferee |
| Scheme Authority | National Company Law Tribunal, New Delhi Bench | Sanctioned Order |
| Effective Date | May 18, 2026 | Scheme Activation |
LUMAXTECH Stock Price Movement
As of 12:30 PM, shares of Lumax Auto Technologies Limited are slipping by 0.78% in live trading, currently at ₹1623.4. The stock is seeing significant trading interest, tracking down with a total volume of 184,294 shares traded so far.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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