Lumax Industries Ltd has denied rumours/unconfirmed news circulating in the market that D. K. Jain Group (Indian promoters) are selling their stake to Stanley Electric Co. Ltd, Japan (foreign promoter) at a substantial premium to current market price and said that these were completely unfounded and are not correct.
Indian promoters deny stake sale in Lumax Industries
Published on
September 21, 2011 10:01
Tags