Lumax Auto Technologies Limited — Others, 29-05-2025: Appointment

Lumax Auto Technologies has announced a board meeting that approved the financial results for the quarter and half-year. The outgoing CFO, Ashish Dubey, will retire, and Ankit Thakral will take over from July. The company plans to invest up to Rs. 0.51 Cr in a solar energy subsidiary to support its Maharashtra plants. Key audit and compliance partners were confirmed for FY 2025-26. Shareholder approval will be sought for related party transactions with Lumax Industries, alongside a proposed final dividend of Rs. 5.50 per share. Land acquisition in Gujarat and new subsidiaries are planned to boost growth.