Lumax Auto Technologies, India to enter green and alternate fuels segment via acquiring majority stake in Greenfuel Energy Solutions

On September 14, Lumax Auto Technologies Limited (LATL) signed an agreement to acquire a majority stake in Greenfuel Energy Solutions Private Limited (Greenfuel) from its existing shareholders. The proposed acquisition will mark its entry into the green and alternate fuels segment (across CNG, hydrogen, and other app....

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