Lumax Auto Tech: Deepak Jain Appointed Vice Chairman

Lumax Auto Technologies Ltd's board meeting on May 29, 2026, approved the audited standalone and consolidated financial results for FY26, recommended a final dividend of ₹5.50 per share, and changed the designation of Mr. Deepak Jain to Vice Chairman. The board also approved acquiring the remaining 15.97% stake in Lumax FAE Technologies Private Limited, making it a wholly-owned subsidiary. Additionally, it approved seeking shareholder approval for related party transactions, loans/guarantees up to ₹500 Crores, and an investment of up to ₹3 Crores in Lumax Yokowo Technologies Private Limited.