COMPONENTS Emission Control

Lumax Auto Technologies Acquires 60% Stake in Greenfuel Energy Solutions

Lumax Auto Technologies Limited (LATL), a leading Tier-1 automotive systems and components supplier, has completed the acquisition of 60% stake in Greenfuel Energy Solutions’ alternate fuels business for INR 153.09 crores through its wholly owned subsidiary Lumax Resources Pvt Ltd. The acquisition has been funded through a combination of debt and internal accruals. This acquisition […]