Lumax Industries has acquired assets (including Plant & Machineries, Allied Infrastructures and Capital work in progress) for manufacturing of PCB’s for Rs 22.45 crore. The company has also acquired unsold inventory at Rs 23.94 crore. Both have been acquired from Lumax Auto Technologies. The Board of Directors of the company at its meeting held on April 05, 2019 has approved the same.
Lumax Industries offers a wide array of complete automobile lighting systems and solutions, which includes; stellar quality Head Lamps and Tail Lamps, Sundry and Auxiliary Lamps and other related products.