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The latest announcement is out from Lumax Auto Technologies Limited ( (IN:LUMAXTECH) ).
Lumax Auto Technologies Limited announced the resignation of S.R. Batliboi & Co. LLP as the statutory auditors of its material subsidiary, IAC International Automotive India Private Limited, effective August 12, 2025. This change is part of the company’s strategy to align its subsidiary’s auditing process with that of the holding company, potentially impacting the auditing consistency and financial oversight within the organization.
More about Lumax Auto Technologies Limited
Lumax Auto Technologies Limited operates in the automotive industry, focusing on the production and supply of a wide range of automotive components. The company is known for its expertise in manufacturing lighting systems, chassis, and other essential automotive parts, catering to major automobile manufacturers in India and globally.
Average Trading Volume: 24,863
Technical Sentiment Signal: Buy
Current Market Cap: 71.18B INR
For detailed information about LUMAXTECH stock, go to TipRanks’ Stock Analysis page.