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 company reported consolidated revenue from operations of Rs 3,40,039.16 lakhs and a profit after tax of Rs 139.91 Cr for the year, with standalone profit after tax at Rs 91.51 Cr. The Board approved a final dividend of Rs 35 per share, pending shareholder approval. Leadership updates include the resignation of Non-Executive Director Mr. Tetsuya Hojo and appointment of Mr. Kenjiro Nakazono as Executive Director. The company plans to invest up to Rs 1.49 Cr in a renewable energy SPV for solar power use. Audit firms were reappointed, and a new secretarial auditor was appointed, subject to shareholder approval. The 44th Annual General Meeting will be held via video conferencing.