Lux Industries Board Approves Unaudited Q1 FY27 Results, Reappoints Directors
Lux Industries Ltd announced that its Board of Directors has approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The board also approved the re-appointment of three Independent Directors: Mr. Sadhu Ram Bansal, Mrs. Shashi Sharma, and Mr. Kumud Chandra Paricha Patnaik, for a second term of five years each, effective April 1, 2027, subject to shareholder approval. Additionally, Astral Business Consulting LLP has been appointed as Internal Auditor for Vertical C for the period July 1, 2026, to June 30, 2027. Ernst & Young LLP and Deloitte Touche Tohmatsu India LLP continue as internal auditors for Verticals A and B, respectively.
Key Highlights
- Unaudited standalone and consolidated financial results for Q1 FY27 approved.
- Three Independent Directors re-appointed for a second five-year term.
- Re-appointments are effective from April 1, 2027, pending shareholder approval.
- New internal auditor appointed for Vertical C; existing auditors continue for A & B.
Price Impact
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