Get latest articles and stories on Latest News at LatestLY. Lumax Auto Technologies on Monday said it has signed an agreement to acquire a majority stake in IAC International Automotive India from the International Automotive Components Group at an equity valuation of Rs 587 crore. Latest News | Lumax Auto Technologies Signs Pact to Acquire Majority Stake in IAC International Automotive India.
The Board of Directors of Mahindra CIE Automotive Ltd, at its meeting held today, approved to change the name of the Company to CIE Automotive India Limited.
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