
Lumax Auto Technologies Board Approves Financial Results, New Facility
Lumax Auto Technologies Ltd announced the outcome of its Board Meeting held on October 24, 2026. The Board approved the Un-audited Standalone and Consolidated Financial Results for the 2nd Quarter and Half Year ended September 30, 2026. Additionally, the company approved the issuance of Corporate Guarantee/Letter of Comfort/PDCs up to ₹15 Crores for its subsidiary, Lumax Greenfuel Energy Solutions Private Limited. A new Mechatronics manufacturing facility is set to be established in Manesar, Haryana, with a capital outlay of approximately ₹150 Crores, expected to cater to Electronic Components for leading OEMs and commissioned in phases starting Q3 FY28. The Board also noted the relocation of a manufacturing facility from Aurangabad to Chhatrapati Sambhajinagar.
Key Highlights
- Board approved Q2 FY27 unaudited financial results.
- Corporate guarantee of up to ₹15 Crores approved for subsidiary.
- New Mechatronics manufacturing facility to be set up in Manesar.
- Capital outlay for new facility estimated at ₹150 Crores.
- Manufacturing facility relocation noted.
Price Impact
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