LUMAXINDNSELumax Industries Limited· Auto AncillariesMediumNeutral
Announced Thu, 28 May · 19:05 IST

Lumax Industries Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

LUMAXIND · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-7.1%1-day move
₹5924.00
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₹5949.50
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AI summary

Lumax Industries reported strong FY26 results with standalone profit after tax of Rs. 1,464.96 crore, up 60% from Rs. 915.10 crore in FY25. Consolidated revenue grew to Rs. 4,19,110.73 lakh from Rs. 3,40,961.78 lakh. The board declared a final dividend of Rs. 55 per share (550%), up from Rs. 35 per share last year. Key leadership changes include Deepak Jain transitioning from Chairman & MD to Chairman (WTD), and Anmol Jain elevated from Joint MD to Managing Director. The headline mentions 'Change in Auditors' but the actual filing shows no auditor change - S.R. Batliboi & Co. LLP continues as statutory auditor, with M/s Grant Thornton Bharat LLP and Jitender, Navneet & Co. reappointed as internal and cost auditors respectively. The 45th AGM is scheduled for August 24, 2026.

Likely market impact

Strong financial performance with 60% PAT growth and higher dividend payout is positive for shareholders. Leadership restructuring within the Jain family indicates continuity in governance. The AGM record date is August 6, 2026 for dividend entitlement.