On July 26, 2025, Lumax Auto Technologies incorporated a wholly-owned subsidiary, Lumax Auto Solutions, to strengthen its position in the automotive components sector.
The new entity has an authorised, issued, and paid-up share capital of ₹10 lakh, comprising 1,00,000 equity shares of ₹10 each. Lumax Auto Technologies holds 100% ownership—both directly and through nominees. The Certificate of Incorporation was issued by the Central Registration Centre of the Ministry of Corporate Affairs on the same day.
Lumax Auto Solutions aligns with the parent company’s strategic vision and is expected to enable the group to capitalise on emerging opportunities in the automotive industry. The incorporation was executed at arm’s length and does not constitute a related party transaction under SEBI regulations.
This move underscores Lumax’s commitment to expanding its operational footprint and enhancing its role in the evolving automotive ecosystem.
News by Rahul Yelligetti.