Lumax Auto Technologies acquires remaining 15.97% stake in Lumax FAE Technologies
Lumax Auto Technologies · Auto Components
Key highlights
- Acquisition of remaining 15.97% equity stake in Lumax FAE Technologies completed on June 29, 2026
- Lumax FAE Technologies has become a wholly owned subsidiary of Lumax Auto Technologies from June 29, 2026
- Francisco Albero SAU will continue technical support and use of "FAE" name permitted for a mutually agreed period
Why it's rated notable: The filing reports a completed acquisition of the remaining 15.97% stake but states no consideration amount, so the level stays at the medium default for an acquisition without a figure.
Original filing
Announcement under Regulation 30 (LODR)-Updates on Acquisition
Read the filing on BSE (PDF) →Companies guiding to strong growth
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Potential multibaggers · Q2 FY27
Potential multibaggers in Auto Components
on management's own guidance
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.