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

Lumax Industries has announced a board meeting to approve the financial results for the quarter and half-year. The Board approved audited standalone and consolidated financials, reporting consolidated revenue of Rs. 3,40,962 lakh and consolidated profit after tax of Rs. 13,990.87 lakh for the year. A final dividend of Rs. 35 per share was declared, subject to shareholder approval. Non-Executive Director Mr. Tetsuya Hojo resigned, replaced by Executive Director Mr. Kenjiro Nakazono. Reappointments of key management, including Chairman & MD Deepak Jain and Joint MD Anmol Jain, were proposed. The company plans to invest up to Rs. 1.49 Cr in a solar energy subsidiary to become a captive user for its plants. Internal, cost, and secretarial auditors were reappointed for FY 2025-26, with a material related party transaction requiring shareholder consent.