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Lumax Auto Technologies completes acquisition of remaining 25% stake in IAC India

23 May 2025 Evaluate

Lumax Auto Technologies has completed the acquisition of the remaining 25% shareholding in IAC International Automotive India (IAC India). Accordingly, IAC India has become a Wholly Owned Material subsidiary of the Company.

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.


Peers
Company Name CMP
SamvardhanaMotherson 162.00
Tube Investments 2563.80
Bosch 48125.00
UNO Minda 1235.00
Bombay Burmah Trdg. 1464.70
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