Lumax Auto Technologies (LUMAXTECH): Giving guarantees/indemnity/ becoming a surety for third party

Giving guarantees/indemnity/ becoming a surety for third party Lumax Auto Technologies Limited has informed the Exchange that the Board in its meeting held on May 29, 2026 have considered and approved the proposal to issue / provide Corporate Guarantee/Letter of Comfort/Post Dated Cheques (PDCs) to secure the loan to be provided by Banks/Financial Institutions/Non-Banking Finance Companies (NBFCs) to Lumax Alps Alpine India Private Limited, for an amount upto Rs. 36 Crores. Lumax Auto Technolo

1 min read Lumax Auto Technologies

Giving guarantees/indemnity/ becoming a surety for third party

Giving guarantees/indemnity/ becoming a surety for third party

Lumax Auto Technologies Limited has informed the Exchange that the Board in its meeting held on May 29, 2026 have considered and approved the proposal to issue / provide Corporate Guarantee/Letter of Comfort/Post Dated Cheques (PDCs) to secure the loan to be provided by Banks/Financial Institutions/Non-Banking Finance Companies (NBFCs) to Lumax Alps Alpine India Private Limited, for an amount upto Rs. 36 Crores.

Lumax Auto Technologies Limited has informed the Exchange that the Board in its meeting held on May 29, 2026 have considered and approved the proposal to issue / provide Corporate Guarantee/Letter of Comfort/Post Dated Cheques (PDCs) to secure the loan to be provided by Banks/Financial Institutions/Non-Banking Finance Companies (NBFCs) to Lumax Alps Alpine India Private Limited, for an amount upto Rs. 36 Crores.

Lumax Auto Technologies Limited has informed the Exchange that the Board in its meeting held on May 29, 2026 have considered and approved the proposal to issue / provide Corporate Guarantee/Letter of Comfort/Post Dated Cheques (PDCs) to secure the loan to be provided by Banks/Financial Institutions/Non-Banking Finance Companies (NBFCs) to Lumax Alps Alpine India Private Limited, for an amount upto Rs. 36 Crores.

Disclaimer

This article is for informational purposes only and is not investment advice. Verify all figures and announcements from official exchange filings and company disclosures before making decisions.

#LUMAX AUTO TECHNOLOGIES LTD #LUMAXTECH #Corporate announcement
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