Type of Deal: Acquisition of minority stake (completing 100% ownership)
Stake/Capacity: 15.97% equity stake acquired
Deal Value: Not disclosed in the document
Funding Source: Not disclosed in the document
Financial Impact: Not disclosed in the document
Timeline: Transaction completed on June 29, 2026
Strategic Rationale: The acquisition completes full ownership of LFAE, making it a wholly owned subsidiary of Lumax Auto Technologies Limited. This provides complete operational control and strategic alignment.
Approval Status: Completed and effective June 29, 2026
Additional Arrangements: Francisco Albero SAU (FAE) will continue to provide technical support to LFAE and has permitted the use of "FAE" in the name of LFAE for a mutually agreed period.
Reference Regulation: SEBI Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Previous Communication: This disclosure is in continuation to the company's intimation dated May 29, 2026
