Lumax Auto Technologies sells 50% stake in JV to Jopp Holding GmbH

Lumax Auto Technologies Limited approved the sale of its entire 50% equity stake in joint venture Lumax Jopp Allied Technologies Private Limited to German partner Jopp Holding GmbH for Rs. 1,52,500. The transaction is expected to complete by June 30, 2026.

“The Board of Directors of Lumax Auto Technologies Limited, at their meeting held on Friday, May 08, 2026, approved the sale of the company's entire equity stake in its joint venture, Lumax Jopp Allied Technologies Private Limited (LJAT), to Jopp Holding GmbH, Germany.”scanx.trade

• 2 sources
• scanx.tradeLumax Auto Technologies Approves Sale of Entire 50% Stake in Joint Venture Lumax Jopp Allied Technologies to German PartnerDhanMay 9, 2026
• jopp.comA New Chapter for JOPP in IndiaMay 29, 2026

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