Amalgamation
As filed · Amalgamation/Merger
What happened
FactAmalgamation/Merger. Amalgamation between Lumax Ancillary Limited (“Transferor Company”) and Lumax Auto.
Why it matters
CapitSignal interpretationA merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Guidance
WithdrawnWe are on track in our North Star of delivering about a 20% CAGR over the next 3 to 4 years.
The Company is pretty confident that we will continue to outperform the industry growth.
Change
FactImplication
CapitSignal interpretationGuidance
RevisedWe would like to revise our revenue growth guidance from earlier 25% to now 30%.
We are on track in our North Star of delivering about a 20% CAGR over the next 3 to 4 years.
Change
FactImplication
CapitSignal interpretationGuidance
WithdrawnWe are quite positively optimistic that for FY '26, we should be able to again come back and deliver a very handsome growth, maybe upwards of 15% odd for aftermarket division.
A significant part of IAC growth for FY26 will come from the incremental volumes of these BEV platforms.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Swap ratio and its valuation basis
- Regulatory and NCLT approvals required
- Appointed date
- So the guidance for FY '26 of Greenfuel would be continuing to be similar between INR 300 crore to INR 350 cro (management committed by FY26)
- We continue to maintain an outlook of, again, 20% to 25% growth on the consolidated revenues, in line with our (management committed by FY26)
Evidence
- Lumax Auto Technologies Limited has informed the Exchange about the copy of order dated March 11, 2026 (received by the Company today) passed by Hon ble National Company Law Tribunal, New Delhi Bench sanctioning the Scheme of Arrangement ofAmalgamation between Lumax Ancillary Limited ( Transferor Company ) and Lumax AutoTechnologies Limited ( Transferee Company / the Company ) and their respective Shareholders and Creditors.(opens the original filing in a new tab)
- Earlier statement · Q3 FY25
- Latest statement · FY25
- Earlier statement · Q3 FY25
- Latest statement · Q3 FY25
- Earlier statement · Q4 FY24
- Latest statement · Q4 FY24
How CapitSignal classified this
- Reasoning:
- Procedural update in a matter already reported — scored below the opening event.
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%