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Lumax Auto Technologies, India sells 50% stake in JV Lumax Jopp Allied Technologies

On May 8, 2026, Lumax Auto Technologies Limited announced the sale of its entire 50% equity stake in joint venture Lumax Jopp Allied Technologies Private Limited (LJAT) to its German JV partner Jopp Holding GmbH, for a consideration of INR 152,500. The transaction, approved by the board on May 8, 2026, is expected to....

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