Lumax Auto Technologies Limited — Important, 03-07-2025: General Updates

Lumax Auto Technologies has announced a board meeting on August 25, 2025, where a dividend of Rs. 5.50 per share (275%) for FY 2024-25 is proposed, pending shareholder approval. Dividend payments will be subject to tax deduction at source (TDS) based on shareholders’ residential status and submitted documents. Shareholders should update their PAN, residential status, and other details to ensure correct TDS rates. Non-resident investors can avail of applicable tax treaty benefits by submitting required documents. Timely submission of details is critical to avoid higher TDS deductions.