Lumax Auto Technologies Limited — Others, 29-05-2025: Change in Management

Lumax Auto Technologies has announced a board meeting to approve the financial results for the quarter and half-year. The Board approved audited standalone and consolidated results with clean auditor opinions. CFO Ashish Dubey will retire in mid-2025 to take on group-level duties, succeeded by Ankit Thakral. The company plans a Rs. 0.51 Cr investment in a new solar energy subsidiary and will acquire land in Gujarat. It will also create two wholly-owned subsidiaries to aid growth. Mr. Maneesh Gupta is appointed secretarial auditor for five years, while existing auditors continue. A final dividend of Rs. 5.50 per share requires shareholder approval.