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Lumax Auto Technologies, India to invest in Lumax FAE Technologies, updates about new launches made during Q4 FY 2024

Lumax Auto Technologies announced that its board of directors has approved an investment of up to INR 500 million in Lumax FAE Technologies Private Limited, a subsidiary of the company in the form of equity/debt/optionally convertible redeemable debentures (OCRDs) or loan.  Presently, it owns 51% of the joint venture....

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