Lux Industries Ltd

Lux Industries Limited held a press conference on August 21, 2026, to address allegations made by Mr. Kuna! Ghosh (TMC MLA) regarding the clearance and approval process for its proposed capital expenditure expansion project at Dankuni. Mrs. Vandana Yadav, Principal Secretary of Industry and Commerce, West-Bengal, confirmed that all necessary government due diligence was completed. Mr. Ashok Kumar Todi, Chairman, detailed the investment scale and significance of the expansion for Vertical A, and stated the company has issued a defamation notice to Mr. Ghosh.

Lux Industries Ltd has announced that the record date for the payment of final dividend for the financial year ended March 31, 2026, has been fixed as Friday, September 18, 2026. This dividend payment is subject to the approval of the members at the upcoming 31st Annual General Meeting (AGM), scheduled for Friday, September 25, 2026, to be held via Video Conferencing (VC) or Other Audio-Visual Means (OA VM). The company will submit the AGM notice and Annual Report in due course. Further details are available on the company's website.

Lux Industries Limited has announced that its 31st Annual General Meeting (AGM) will be held on Friday, September 25, 2026, at 11:00 AM via Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The company has also fixed Friday, September 18, 2026, as the Record Date for determining shareholder entitlement for the final dividend for the financial year ended March 31, 2026. This dividend payment is contingent upon member approval at the AGM. The official notice for the AGM and the Annual Report for FY2026 will be disseminated in due course. Further details are available on the company's website.

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.

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.

Lux Industries Ltd has announced that its Board of Directors will convene on August 14, 2026. The primary agenda item is the consideration and approval of the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. Concurrently, the company will maintain a closed trading window for its designated persons and their immediate relatives until 48 hours after the disclosure of these financial results, in compliance with SEBI regulations regarding insider trading.

Lux Industries Ltd, through its Lux Cozi Group, has laid the foundation stone for a new manufacturing facility in Dankuni, West Bengal, with an investment of approximately ₹600 crore. This expansion will increase the total manufacturing campus size to 20 lakh sq. ft. and add an annual capacity of 20 crore pieces, bringing the total nationwide capacity to approximately 36 crore pieces annually. The facility is expected to create around 3,000 direct and 6,000 indirect employment opportunities. This strategic investment aims to enhance production efficiency, meet rising domestic and global demand, and solidify Lux Cozi Group's position as a leading apparel manufacturer.

Lux Industries Limited, through its Vertical B, has entered into a Brand Licensing Agreement (BLA) with RILUK IPCO Limited. This agreement grants Lux Industries an exclusive right within India to use the 'REEBOK' trademark for designing, manufacturing, and selling men's and women's innerwear and thermal wear products. The BLA is effective from the current year with an option to renew for ten years. RILUK IPCO Limited is based in England and Wales, and Lux Industries holds no stake in the licensor. The agreement is considered to be in the normal course of business and is not a related party transaction.

Lux Industries Ltd announced the resignation of Mr. Surendra Kumar Bajaj, Vice President-Marketing, a Senior Management Personnel. His resignation is effective from the close of business hours on July 06, 2026, due to personal reasons. Mr. Bajaj has served the company for approximately 12 years. The company has provided the necessary disclosures as per SEBI Listing Regulations.

Lux Industries Ltd announced board approval for a significant capacity expansion of its Vertical A manufacturing facility in Dankuni, West Bengal. The total project cost is ₹600 crores, including ₹450 crores for new capital expenditure and previously acquired land. This expansion will add approximately 12 lakh sq ft, increasing the facility's footprint to 20 lakh sq ft. The project is expected to be completed in phases over 6 years and aims to become one of Asia's largest garment manufacturing facilities. It is projected to generate ₹900-1000 crores in incremental annual revenue upon reaching optimum capacity utilization and create significant employment opportunities in West Bengal.