The Board of Directors in their meeting held on May 28, 2026 have considered and approved the following changes in Directors/Auditors:- 1. Re- appointment of Mr. Tadayoshi Aoki (DIN: ....
LUMAXIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Lumax Industries reported strong FY2026 results with standalone revenue of Rs 4,18,416 lakhs (up 23% YoY) and profit of Rs 14,650 lakhs (up 60% YoY). Consolidated profit stood at Rs 17,247 lakhs with EPS of Rs 184.50. The Board re-appointed Mr. Tadayoshi Aoki as Senior Executive Director for 3 years from February 2027, and approved designation changes for Mr. Deepak Jain (now Chairman) and Mr. Anmol Jain (now Managing Director). The company recommended a 57% dividend increase to Rs 55 per share (from Rs 35 last year) for FY2025-26. Auditors were re-appointed and shareholder approval is being sought for related party transactions with Lumax Auto Technologies Ltd.
Strong financial performance with significant profit growth and higher dividend signals healthy operations. The internal promotions in the Jain family and re-appointment of the Japanese director indicate continuity in leadership. The stock could see positive reaction given the 60% profit growth and increased dividend payout.