Lumax FAE Now a Wholly-Owned Subsidiary
Lumax Auto Technologies Limited · LUMAXTECH · NSE ·
• Acquired the remaining 15.97% stake in its subsidiary, Lumax FAE Technologies Private Limited. • The transaction was completed for a total consideration of ₹ 1,92,00,000. • Following the acquisition, Lumax FAE Technologies has become a wholly-owned subsidiary of the company. •…