Lumax Industries Limited has informed the Exchange regarding re-appointment of M/s Jitender, Navneet & Co as Cost Auditor of the company for the financial year 2025-26
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Lumax Industries has informed the exchange about the re-appointment of M/s Jitender, Navneet & Co as the Cost Auditor of the company for the financial year 2025-26. Cost auditors are appointed as per the Companies Act to verify that the company's cost records and statements are accurate, which is required for companies in certain manufacturing sectors. This is a routine regulatory filing confirming continuity of the existing cost auditor for another year. No change in auditor or any governance concern is indicated by this announcement.
This is a routine compliance disclosure with no material impact on shareholders or the stock price. The continuity of the same cost auditor suggests stable governance and audit oversight.