Meeting Details

  • Type of Meeting: 45th Annual General Meeting (AGM)
  • Date: Wednesday, August 26, 2026
  • Time: 11:00 A.M. (IST)
  • Location: Conducted entirely through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The registered office at 2nd Floor, Harbans Bhawan-II, Commercial Complex, Nangal Raya, New Delhi-110046 is deemed the venue.
  • Cut-off Date for Voting Rights: Thursday, August 20, 2026

Summary of Proposed Resolutions and Implications

Ordinary Business:

1. Adoption of Financial Statements: To receive, consider, and adopt the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, along with the Reports of the Board of Directors and Auditors.

2. Declaration of Dividend: To declare a dividend of ₹5.50 per equity share of ₹2 each (275%) for FY 2025-26, as recommended by the Board. The Record Date for determining entitlement is Thursday, August 06, 2026.

3. Re-appointment of Director: To appoint Mr. Anmol Jain (DIN: 00004993), who retires by rotation and is eligible for re-appointment.

Special Business:

4. Material Related Party Transaction (Ordinary Resolution): To approve contracts/arrangements with Lumax Industries Limited (LIL), a related party, for an estimated aggregate value not exceeding ₹805.21 Crores for FY 2026-27. Transactions include sale/purchase of goods, materials, services, assets, and royalty payments. This qualifies as a Material RPT as it exceeds 10% of the company's annual consolidated turnover (₹4,870.33 Crores).

5. Ratification of Cost Auditor Remuneration (Ordinary Resolution): To ratify the remuneration of ₹2.00 Lakhs plus taxes and expenses payable to M/s. Jitender, Navneet & Co. (Firm Regn. No. 000119) for auditing cost records for FY 2026-27.

6. Approval for Loans/Guarantees (Special Resolution): To authorize the Board to advance loans, give guarantees, or provide securities for entities where directors are interested, for an aggregate amount not exceeding ₹500 Crores at any time. The funds must be used for the principal business activities of the borrowing entities.

Voting Process and Methods

  • Remote E-Voting: Provided through the platform of National Securities Depository Limited (NSDL) at https://www.evoting.nsdl.com/.
  • E-Voting Period: From Sunday, August 23, 2026 (09:00 A.M.) to Tuesday, August 25, 2026 (05:00 P.M.).
  • Voting at AGM: Members attending the AGM virtually who have not voted remotely can vote during the meeting via the same NSDL e-Voting system.
  • Appointment of Scrutinizer: Mr. Maneesh Gupta, Practicing Company Secretary (FCS No. 4982), is appointed to scrutinize the entire e-voting process in a fair and transparent manner.

Key Voting Outcomes and Participation

  • The results of the voting, along with the Scrutinizer's report, will be placed on the company's website (https://www.lumaxworld.in/lumaxautotech) and NSDL's website (https://www.evoting.nsdl.com/) and communicated to the stock exchanges (BSE and NSE) within two working days of the meeting.
  • The resolutions will be deemed passed on the date of the AGM (August 26, 2026) subject to receipt of the requisite number of votes.
  • The attendance of members logging in through VC/OAVM will be counted for quorum under Section 103 of the Companies Act, 2013.

Scrutinizer's Role and Findings

Mr. Maneesh Gupta is responsible for:

  • Scrutinizing both the remote e-voting process and the e-voting conducted during the AGM.
  • Downloading the votes cast at the AGM and then unlocking the remote e-votes.
  • Submitting a consolidated report of the total votes cast (for, against, invalid) to the Chairman within two working days post-meeting.
  • The Chairman will declare the final results based on this report.

Compliance with Laws and Regulations

The notice confirms compliance with:

  • The Companies Act, 2013, particularly Sections 102, 108, 110, 136, and 185.
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, particularly Regulations 30, 36, and 44.
  • Secretarial Standard-2 (SS-2) on General Meetings issued by the ICSI.
  • MCA General Circulars No. 20/2020 and 03/2025 regarding the conduct of AGMs through VC/OAVM.
  • The Notice and Annual Report are being sent electronically to members with registered email IDs.

Additional Financial and Procedural Information

  • Dividend Tax Compliance: Dividend is taxable in the hands of shareholders. The company will deduct TDS at prescribed rates. Shareholders must submit relevant documents for lower deduction/exemption by Monday, August 03, 2026.
  • Unclaimed Dividend: Unpaid/unclaimed dividend for FY 2017-18 was transferred to the IEPF on October 17, 2025. The transfer for FY 2018-19 is due by September 23, 2026.
  • Dispute Resolution: Shareholders can utilize the SEBI-mandated Online Dispute Resolution (ODR) portal (https://smartodr.in/login) after exhausting other grievance redressal mechanisms.
  • Shareholder Queries: Members can register to speak at the AGM or send queries in advance by Wednesday, August 19, 2026, to shares@lumaxmail.com.
  • Company Financials: The annual consolidated turnover for FY ended March 31, 2026, was ₹4,870.33 Crores.