Lumax Auto Technologies has received approval to invest up to Rs 0.93 crore to acquire up to 26% stake in the Equity Share Capital of Power Pulse Trading Solutions (PTSL), a Power Trading Arm of Adani Energy Solutions for being qualified as Captive User in terms of the provisions of Electricity Act, 2003 and Electricity Rules, 2005, for the renewable energy to be generated by the power plant of PTSL for Pant Nagar Plant of the company.
The company has also received approval for investment of an amount up to Rs 5 crore in the form of Optionally Convertible Redeemable Debentures (OCRDs) in Lumax Resources, a wholly owned subsidiary of the company, as recommended by the Audit Committee.
The Board of Directors of the company, at their meeting held on November 08, 2025, has 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.
| Company Name | CMP |
|---|---|
| SamvardhanaMotherson | 130.60 |
| Tube Investments | 3012.05 |
| Bosch | 37260.50 |
| UNO Minda | 1174.60 |
| CIE Automotive India | 469.95 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: