Lumax Auto Technologies Limited has informed the Exchange that Record date for the purpose of DI is 06-Aug-2026.
LUMAXTECH · price
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Lumax Auto Technologies reported strong FY2026 results with standalone revenue of Rs. 3,605.49 crore (up 25.5% YoY) and consolidated revenue of Rs. 4,870.33 crore (up 34% YoY). Consolidated profit jumped 47% to Rs. 337.15 crore. The Board recommended a final dividend of Rs. 5.50 per share (275% on Rs. 2 face value), subject to shareholder approval at the 45th AGM on August 24, 2026. The record date for determining dividend eligibility is fixed as August 6, 2026. Additionally, the company will acquire the remaining 15.97% stake in Lumax FAE Technologies to make it a wholly-owned subsidiary. Mr. Deepak Jain was redesignated as Vice Chairman (Non-Executive).
The strong financial performance with ~47% profit growth and a 275% dividend payout signals healthy cash generation and positive shareholder returns. The stock may see a positive reaction given the earnings beat and dividend announcement.