Lumax Auto Technologies Limited — JV/Acquisition, 18-02-2026: Amalgamation/Merger

Lumax Auto Technologies receives NCLT approval for its merger with wholly-owned subsidiary, IAC International Automotive India. This strategic move aims to consolidate operations and simplify the business structure. Importantly for investors, no new shares will be issued by Lumax Auto, meaning zero dilution for existing shareholders. The merger has an appointed date of October 1, 2025, signaling progress towards a more integrated entity.