
Board Meeting26 Oct 2026, 02:30 pm
Lumax Industries Board Approves Financial Results, Commercial Paper Issuance
AI Summary
Lumax Industries Limited's Board of Directors convened on October 26, 2026, approving the un-audited standalone and consolidated financial results for the second quarter and half-year ended September 30, 2026. The board also sanctioned the issuance of unlisted Commercial Paper up to ₹50 Crores to Kotak Mahindra Bank Limited. Additionally, the term of Mr. Raajesh Kumar Gupta as Company Secretary was extended by one year, effective January 1, 2027. The board also noted a proposed name change for its associate company, SL Lumax Limited, to SL India Limited.
Key Highlights
- Approved Q2 & H1 FY27 un-audited financial results.
- Sanctioned issuance of Commercial Paper up to ₹50 Crores.
- Extended term of Company Secretary, Mr. Raajesh Kumar Gupta.
- Noted proposed name change for associate company SL Lumax Limited.
Price Impact
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