StockWatch
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Garments & Apparels
Board Meeting14 Aug 2026, 04:41 pm

Lux Industries Declares Unaudited Q1 FY27 Results

AI Summary

Lux Industries Ltd announced the approval of its un-audited financial results for the quarter ended June 30, 2026. The Board of Directors, following a review by the Audit Committee, approved both standalone and consolidated results. Additionally, the Board approved the re-appointment of three Independent Directors: Mr. Sadhu Ram Bansal, Mrs. Shashi Sharma, and Mr. Kumud Chandra Paricha Patnaik, each for a second term of five years, subject to shareholder approval. The company also appointed Astral Business Consulting LLP as Internal Auditors for Vertical C for the fiscal year 2027, while Ernst & Young LLP and Deloitte Touche Tohmatsu India LLP continue as auditors for Verticals A and B, respectively.

Key Highlights

  • Unaudited standalone and consolidated financial results for Q1 FY27 declared.
  • Re-appointment of three Independent Directors approved.
  • Director re-appointments are for a five-year term starting April 1, 2027.
  • Shareholder approval is required for director re-appointments.
  • New internal auditors appointed for Vertical C for FY27.