Lumax Auto Strengthens Green Fuel Push with 60% Stake in Greenfuel
Strategic acquisition positions LATL in the fast-growing alternate fuels market, focusing on CNG, hydrogen, and sustainable mobility Lumax Auto Technologies Limited (LATL), Tier-1 automotive systems and components supplier, has acquired a 60% stake in Greenfuel Energy Solutions’ alternate fuels business for ₹153.09 crores. This strategic investment, made through LATL’s wholly owned subsidiary, Lumax Resources Pvt. Ltd., signals the company’s entry[Read More…]