News Orders & Deals Lumax Auto Technologies Secures NCLT Approval for Amalgamation Second MotionLumax Auto Technologies Secures NCLT Approval for Amalgamation Second Motion
Lumax Auto Technologies Limited has secured approval from the National Company Law Tribunal, New Delhi Bench for the second motion petition in its amalgamation scheme with Lumax Ancillary Limited. The tribunal allowed and reserved the petition on February 18, 2026, marking a significant milestone in the merger process under the Companies Act, 2013 provisions.
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Lumax Auto Technologies Limited has achieved a crucial milestone in its amalgamation process, receiving approval from the National Company Law Tribunal (NCLT) for the second motion petition in its merger scheme with Lumax Ancillary Limited.
NCLT Approval Details
The Hon'ble National Company Law Tribunal, New Delhi Bench, allowed and reserved the second motion petition on February 18, 2026. This development represents a significant step forward in the scheme of arrangement between the two companies and their respective shareholders and creditors.
| Parameter: | Details |
|---|---|
| Tribunal: | National Company Law Tribunal, New Delhi Bench |
| Petition Type: | Second Motion Petition |
| Approval Date: | February 18, 2026 |
| Status: | Allowed/Reserved |
| Transferor Company: | Lumax Ancillary Limited |
| Transferee Company: | Lumax Auto Technologies Limited |
Regulatory Framework
The amalgamation scheme operates under the provisions of Section 230 to 232 and other applicable provisions of the Companies Act, 2013, along with the rules framed thereunder. The company disclosed this information in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Pending Developments
While the NCLT has approved the second motion petition, several key aspects remain pending:
- The pronouncement date for the final order has not yet been listed by the Hon'ble NCLT
- The official order copy has not been uploaded on the NCLT website
- The company will inform stock exchanges once the order becomes available online
Corporate Communication
The disclosure was signed by Pankaj Mahendru, Company Secretary & Compliance Officer, on February 27, 2026. The company has made this information available on its official website at www.lumaxworld.in/lumaxautotech , ensuring transparency with stakeholders and regulatory compliance.
Historical Stock Returns for Lumax Auto Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.53% | +5.55% | +27.57% | +54.59% | +236.67% | +1,110.75% |
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