Lumax Auto Technologies Limited has informed the Exchange that Board of Directors at its meeting held on May 29, 2026, have recommended Final Dividend of Rs. 5.50/- per Equity Share (275%) of the Face Value of Rs. 2/- for the Financial Year 2025-26 subject to the approval of Shareholders in the ensuing Annual General Meeting of the Company.
LUMAXTECH · price
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Lumax Auto Technologies reported strong FY2026 results with consolidated revenue growing 34% to Rs. 4,87,033 Lakhs and profit jumping 47% to Rs. 33,715 Lakhs compared to FY2025. Standalone profit rose 20% to Rs. 20,688 Lakhs. The Board has recommended a final dividend of Rs. 5.50 per share (275% on Rs. 2 face value) for FY2025-26, subject to shareholder approval at the AGM on August 24, 2026. The record date for dividend eligibility is August 6, 2026. Additional key decisions include acquiring the remaining 15.97% stake in Lumax FAE Technologies to make it a wholly-owned subsidiary, and re-designating Deepak Jain as Vice Chairman (Non-Executive).
Strong financial growth and a generous dividend payout signal healthy cash generation and investor-friendly policies. The stock could see positive sentiment given the 47% jump in consolidated profit and the proposed dividend.