Lux Industries Limited was incorporated in 1995 having a market share of 15% of the organised industry. It is the largest mid-segment hosiery enterprise in India.Company is engaged in the manufacturing and marketing of innerwear, thermals, and casuals under various brands, with ‘LUX’ being its flagship brand.
Lux Industries is demerging its Vertical A and Vertical C businesses into two new listed entities, Lux and Cozi Limited and Lux Global Limited, respectively. This move aims to unlock shareholder value by creating focused businesses with independent management and clear growth strategies. Existing Lux Industries shareholders will receive one...