Lumax Auto Technologies Limited has successfully completed the sale of its 50% equity stake in Lumax Jopp Allied Technologies Private Limited to its joint venture partner, Jopp Holding GmbH, Germany. This divestment, finalized on June 29, 2026, marks the end of Lumax Jopp Allied Technologies’ status as a joint venture for Lumax Auto Technologies. The company has made this disclosure available on its official website.
Lumax Auto Technologies Completes Stake Sale
Lumax Auto Technologies Limited announced today the completion of its strategic divestment. The company has sold its entire equity stake, representing 50% of the equity share capital, in Lumax Jopp Allied Technologies Private Limited. The transaction was executed with Jopp Holding GmbH, Germany, which is identified as the Joint Venture Partner. The sale was officially concluded on June 29, 2026.
JV Status Ends
Following the completion of this transaction, Lumax Jopp Allied Technologies Private Limited has officially ceased to be a joint venture of Lumax Auto Technologies Limited. This change in shareholding and operational status is effective from June 29, 2026. The company has stated that further details regarding this divestment are available on its corporate website.
Disclosure and Website Availability
In accordance with regulatory requirements, Lumax Auto Technologies Limited has provided this disclosure to the stock exchanges. The information regarding the sale of the stake in Lumax Jopp Allied Technologies Private Limited is also accessible to the public on the company’s official website. Interested parties can find this announcement at: https://www.lumaxworld.in/lumaxautotech/index.html.
Source: BSE
