COMPANY NEWS


Lumax Auto Technologies Ltd
BSE Code 532796 ISIN Demat INE872H01027 Book Value (₹) 90.30 NSE Symbol LUMAXTECH Div & Yield % 0.94 Market Cap ( Cr.) 3,250.44 P/E * 44.74 EPS * 10.66 Face Value (₹) 2
* Profit to Earning Ratio
* Earning Per Share
Lumax Auto Technologies completes acquisition of majority stake in IAC India Back
(11 Mar 2023)
Lumax Auto Technologies has completed the acquisition of majority shareholding (representing 75% of share capital on fully diluted basis) in IAC International Automotive India (IAC India) through its wholly owned subsidiary namely Lumax Integrated Ventures.

Accordingly, IAC India has become the step-down subsidiary of the Company and subsidiary of Lumax Integrated Ventures with immediate effect.