FilingReader Intelligence

Lumax merger approved by tribunal

July 28, 2025 at 03:22 PM UTCBy FilingReader AI

The NCLT approved Lumax Auto Technologies' merger with its wholly-owned subsidiary Lumax Ancillary Limited, effective April 1, 2024.

The tribunal dispensed with shareholder and creditor meetings after all shareholders consented and over 90% of creditors approved the scheme. The merger aims to simplify corporate structure and achieve operational efficiencies.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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