Lumax approves Rs 140 crore Bengaluru plant for MSIL and Toyota orders

Major Capex Above 10pct NetworthCapex & Operations View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

-5.1%Reaction day

₹4850.00

prior close

₹4625.00

announcement price

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Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.4%-5.5% vs market

Auto Components & Equipments peers, median of 108sector+0.0%-5.1% vs sector

On the reaction day the stock moved 5.5 pts less than Nifty Microcap 250 and 5.1 pts less than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 108Pending

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AI summary

The Board approved a new Lumax manufacturing plant in Bengaluru, Karnataka, with a capital cost of about Rs 140 crore funded by internal funds. It will serve new orders from MSIL and Toyota. Peak annual turnover after commissioning is expected to be about Rs 450 crore.

Likely market impact

The order-backed expansion could support future revenue and growth, but it also raises capital spending and execution risk until the plant starts operating.