Lumax Auto Technologies sells assets of PCB Manufacturing for Rs 22.45 crore
8th Apr 2019

Lumax Auto Technologies has sold assets (including Plant & Machineries, Allied Infrastructures and Capital Working in Progress) of PCB Manufacturing for Rs 22.45 crore. The company has also sold inventory at Rs 23.94 crore. Both have been sold to Lumax Industries.

Lumax Auto Technologies has carved its strong position in automotive parts like sheet metal parts, fabricated assemblies, tubular parts, for two wheeler and three wheeler industry. They operate in two segments, namely Automotive Parts and Trading of Motor Adjusters.