News

Lumax Auto Technologies divests its 50% stake in JV Lumax Jopp Allied Technologies

30-Jun-2026 | 09:26

Lumax Auto Technologies has completed the sale of its entire equity stake aggregating to 50% of the equity share capital of Lumax Jopp Allied Technologies, to Jopp Holding GmbH, Germany, the joint venture partner on 29 June 2026.

Accordingly, Lumax Jopp Allied Technologies has ceased to be a joint venture of the company with effect from 29 June 2026.