Lumax Industries Limited — Board Meeting, 12-11-2024: Outcome of Board Meeting

The Board of Directors has approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2024. Key figures include a total income of ₹61.44 crore and a net profit after tax of ₹12.83 crore. The board also designated several senior management personnel, including Mr. Dinesh Kumar Kalra as Executive Vice President of Project Management and Mr. Tarun Vohra as Vice President of Human Resources. Additionally, the company plans to sell 23,000 sq. m. of idle land in Sohna to facilitate acquiring new land and will shift manufacturing operations from Sanand Plant II to Plant III by February 28, 2025.