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		<title>Lumax Auto Technologies completes amalgamation with IAC International Automotive</title>
		<link>https://www.businessupturn.com/business/lumax-auto-technologies-completes-amalgamation-with-iac-international-automotive/</link>
		
		<dc:creator><![CDATA[Yash Agarwal]]></dc:creator>
		<pubDate>Mon, 18 May 2026 07:01:54 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[IAC International Automotive]]></category>
		<category><![CDATA[Lumax Auto Technologies]]></category>
		<category><![CDATA[National Company Law Tribunal]]></category>
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					<description><![CDATA[Lumax Auto Technologies has completed its amalgamation with IAC International Automotive, effective from 18 May 2026, following NCLT approval.]]></description>
										<content:encoded><![CDATA[&lt;p&gt;Lumax Auto Technologies has successfully completed its amalgamation with &lt;a href=&quot;https://www.businessupturn.com/news/topic/iac-international-automotive/&quot; rel=&quot;tag&quot;&gt;IAC International Automotive&lt;/a&gt; India Private Limited, effective from 18 May 2026. This development follows the filing of the certified order by the &lt;a href=&quot;https://www.businessupturn.com/news/topic/national-company-law-tribunal/&quot; rel=&quot;tag&quot;&gt;National Company Law Tribunal&lt;/a&gt; (NCLT) with the Registrar of Companies, Ministry of Corporate Affairs.&lt;/p&gt;
&lt;p&gt;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 &lt;a href=&quot;https://www.businessupturn.com/news/topic/lumax-auto-technologies/&quot; rel=&quot;tag&quot;&gt;Lumax Auto Technologies&lt;/a&gt;, the Transferee Company. The scheme of amalgamation also includes the respective shareholders and creditors of both entities.&lt;/p&gt;
&lt;p&gt;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.&lt;/p&gt;
&lt;p&gt;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.&lt;/p&gt;
&lt;p&gt;Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).&lt;/p&gt;
&lt;p class=&quot;bu-nse-disclosure&quot; style=&quot;font-size:13px;color:#666;border-top:1px solid #eee;margin-top:20px;padding-top:10px;font-style:italic&quot;&gt;This article is written by &lt;strong&gt;Yash Agarwal&lt;/strong&gt; and reviewed by &lt;strong&gt;Markets Desk&lt;/strong&gt; before publication.&lt;/p&gt;
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