Lumax Auto Technologies Limited — Board Meeting, 29-05-2025: Outcome of Board Meeting

Lumax Auto Technologies approved consolidated financial results for the quarter and half-year, reporting revenues of Rs. 3,687.7 Cr and PAT of Rs. 2,291.62 Cr for the full year. The Board proposed a final dividend of Rs. 5.50 per share, pending shareholder approval. CFO Ashish Dubey will retire on June 30, 2025, succeeded by Ankit Thakral from July 1, 2025. The company plans a Rs. 0.51 Cr investment in a renewable energy arm and acquired land in Gujarat. Two new subsidiaries will focus on expanding automotive solutions. Auditors were reappointed.