Lumax Auto Technologies 45th AGM Approves Rs 5.50 Dividend

Date: Wednesday, August 26, 2026
Time: 11:00 A.M. to 12:13 P.M. (IST)
Location: Conducted via Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
Type: Annual General Meeting
Cut-off date for shareholder eligibility: August 20, 2026
Total shareholders on cut-off date: 60,757
Shareholders attending meeting: 79 (4 Promoters/Promoter Group, 75 Public Shareholders)

Mr. Deepak Jain – Vice Chairman, Chairman of Share Transfer/Stakeholders Relationship Committee, Corporate Social Responsibility Committee, and member of Nomination and Remuneration Committee
Mr. Anmol Jain - Managing Director, Member of Audit Committee and Risk Management Committee
Mr. Sanjay Mehta - Non-Executive Director, Member of Risk Management Committee
Mr. Arun Kumar Malhotra - Independent Director, Chairman of Nomination and Remuneration Committee, member of Audit Committee & Share Transfer/Stakeholders Relationship Committee
Mr. Avinash Parkash Gandhi - Independent Director, Chairman of Audit Committee, Risk Management Committee, and member of Nomination and Remuneration Committee
Mrs. Diviya Chanana - Independent Director, Member of Audit Committee and Corporate Social Responsibility Committee

Mr. Pankaj Mahendru, Company Secretary
Mr. Anurag Khandelwal and Mr. Divyank Goel, Partners of Price Waterhouse Chartered Accountants LLP (Statutory Auditors)
Mr. Maneesh Gupta, Practicing Company Secretary (Secretarial Auditor and Scrutinizer)

The following items of business were placed for members' consideration and approval:

1. To receive, consider and adopt:

a) The Audited Standalone Financial Statements for FY ended March 31, 2026, with Reports of Board of Directors and Auditors

b) The Audited Consolidated Financial Statements for FY ended March 31, 2026 with Report of Auditors

2. To declare a dividend of Rs. 5.50 per equity share of Rs. 2 each for FY ended March 31, 2026

3. To appoint Mr. Anmol Jain (DIN: 00004993) as Director who retires by rotation and offers himself for re-appointment

4. Material Related Party Transactions with Lumax Industries Limited

5. Ratification of Remuneration of Cost Auditors for Financial Year 2026-27

6. Approval for transactions under Section 185 of the Companies Act, 2013

The company provided multiple voting methods:

Remote e-voting facility through National Securities Depository Limited (NSDL)
Remote e-voting period: August 23, 2026 (9:00 AM) to August 25, 2026 (5:00 PM)
E-voting during the AGM for members who did not cast votes through remote e-voting
Mr. Maneesh Gupta, Practicing Company Secretary, was appointed as Scrutinizer to oversee the voting process
The e-voting remained open for 15 minutes during the AGM

During the meeting, management presented the following financial performance for FY 2025-26:

Company theme: "The Defining Upshift" - transformation from traditional Tier-1 components manufacturer to technology-led Tier-0.5 systems integrator
Key growth engines: Advanced Plastics business, Mechatronics (fastest-growing vertical), Alternate Fuels through Greenfuel, Aftermarket business (15% growth)
Establishment of SHIFT - Smart Hub for Innovation and Future Trends in Bengaluru
Establishment of China Resource Centre in early 2026
Portfolio optimization through mergers and strategic investments
Mid-term vision of 20:20:20:20 defining four critical goals
Target to more than double revenue base to over ₹10,000 crores by FY2030-31

The meeting was conducted in compliance with:

Companies Act, 2013 and rules thereunder
General Circular No. 20/2020 dated May 05, 2020
Circular No. 03/2025 dated September 22, 2025
Other MCA Circulars
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
The company received one representation under Section 113 of Companies Act, 2013 for 1,21,11,320 Equity Shares held by Promoter and Promoter Group

The Scrutinizer's report on voting results was to be: