Lumax Industries Limited — Others, 26-05-2025: Appointment

Lumax Industries has announced a board meeting outcome approving the financial results for the quarter and half-year. The statutory auditors issued an unmodified opinion. Non-Executive Director Mr. Tetsuya Hojo resigned, and Mr. Kenjiro Nakazono was appointed as Additional Executive Director. Reappointments of key leaders, including Mr. Deepak Jain as Chairman and Managing Director, are proposed, subject to shareholder approval. The company plans to invest Rs. 1.49 Cr in a subsidiary for captive solar power at its plants. Internal, cost, and secretarial auditors have been appointed or reappointed. A final dividend of Rs. 35 per share is proposed, pending approval.