Lumax Industries Board approves FY26 results, ₹55 dividend, management changes

The Board of Directors of Lumax Industries Limited, in their meeting on May 28, 2026, approved the Audited Standalone and Consolidated Financial Results for the fourth quarter and financial year ended March 31, 2026, with an unmodified opinion from statutory auditors. The Board also recommended a final dividend of ₹55 per equity share (550%) for FY 2025-26, subject to shareholder approval. Key management changes were approved, including the re-appointment of Mr. Tadayoshi Aoki as Senior Executive Director for three years, the change in designation of Mr. Deepak Jain from Chairman and Managing Director to Chairman, and Mr. Anmol Jain from Joint Managing Director to Managing Director, all effective May 28, 2026, and subject to shareholder approval. Additionally, the re-appointment of internal and cost auditors for FY 2026-27 and approval for material related party transactions were considered.