Lumax Auto Technologies has successfully completed its amalgamation with IAC International Automotive India Private Limited, effective from 18 May 2026. This development follows the filing of the certified order by the National Company Law Tribunal (NCLT) with the Registrar of Companies, Ministry of Corporate Affairs.
The amalgamation, which was sanctioned by the Hon’ble NCLT, New Delhi Bench, involves the merger of IAC International Automotive India Private Limited, referred to as the Transferor Company, with Lumax Auto Technologies, the Transferee Company. The scheme of amalgamation also includes the respective shareholders and creditors of both entities.
The appointed date for the amalgamation was set for 1 October 2025. The process reached its conclusion with the submission of the certified NCLT order via Form No. INC-28, marking the scheme’s effectiveness on 18 May 2026.
This strategic move is expected to streamline operations and enhance the business capabilities of Lumax Auto Technologies, although specific operational or financial impacts have not been detailed in the announcement.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).
This article is written by Yash Agarwal and reviewed by Markets Desk before publication.