Lumax Auto Technologies Limited has informed the Exchange that the Board of Directors in its meeting held on May 29, 2026 have considered and approved the proposal to invest upto Rs. 3 (Three) Crores in Lumax Yokowo Technologies Private Limited, in the form of subscription of additional Equity Share Capital.
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Lumax Auto Technologies Limited's Board meeting on May 29, 2026 approved several key items. The company will invest up to Rs. 3 Crores in Lumax Yokowo Technologies Private Limited through subscription of additional equity share capital. Additionally, the board approved acquiring the remaining 15.97% stake in Lumax FAE Technologies Private Limited from Francisco Albero S.A.U, making it a wholly-owned subsidiary. The meeting also approved audited financial results for Q4 and FY2026 showing standalone revenue of Rs. 3,605.49 crore (up 25.5% YoY) and consolidated revenue of Rs. 4,870.33 crore (up 33.9% YoY), with consolidated profit after tax of Rs. 337.15 crore. The board recommended a final dividend of Rs. 5.50 per share (275%) for FY2025-26 subject to shareholder approval at the AGM on August 24, 2026. Other approvals included corporate guarantees up to Rs. 36 Crores for Lumax Alps Alpine India Private Limited and seeking shareholder approval for related party transactions with Lumax Industries Limited.
The acquisition of full stake in Lumax FAE Technologies strengthens control over a subsidiary and could improve consolidated earnings. The Rs. 3 crore investment in Lumax Yokowo is relatively small but signals continued commitment to subsidiaries. Strong financial results with revenue and profit growth reflect robust operational performance in the auto components sector.