Lumax Auto Technologies has received an approval for raising of funds upto Rs 400 crore by way of issuance of Securities subject to requisite approvals from statutory, regulatory and other authorities as applicable. The Board of Directors of the Company in their Meeting held on August 06, 2022, has inter-alia, considered and approved the same.
Lumax Auto Technologies manufactures a wide range of automotive components. The company's products include drive transmission and steering components, body and chassis, and electrical components.
