Change in Director / Key Managerial Personnel
Nature of change: Appointment and cessation of Senior Management Personnel
Appointments (Effective July 20, 2026):
- Mr. C S Singh designated as Senior Management Personnel - Chief Technology Officer (CTO) 4W
- DIN: Not disclosed
- Qualification: 4-year DTDM from Indo-Danish Tool Room, Jamshedpur; Strategic Management of Innovation Course from IIM Bangalore; Advance Optics & Simulation from Mary Turner, Breault Research Organisation, USA; 2-year Optics Design & Lighting design OJT, ECIL at Italy
- Experience: Over 25 years of exclusive automotive lighting experience with esteemed brands. Focus on innovation in safety, driving comfort, lightweighting, user experience, electrification, and digitization.
- Term: Full-time employment
- Relationship: Not related to any Director of the Company
- Mr. Suva Ranjan Das designated as Senior Management Personnel - Chief Technology Officer Electronics and Technologies
- DIN: Not disclosed
- Qualification: Engineering degree from Utkal University; MBA in General Management from IIM Bangalore
- Experience: Over 25 years of diverse experience in product development including Hardware, Software, Mechanical, Optics, Systems, Validation, Qualifications, Certifications, Program Management, Customer management for automotive, Consumer Electronics, Aerospace, Medical Devices & Big SW Services
- Term: Full-time employment
- Relationship: Not related to any Director of the Company
- Mr. Suveer Sheopuri designated as Senior Management Personnel - Business Marketing Head 2W Vertical
- DIN: Not disclosed
- Qualification: B.Tech (Mechanical) from Rajasthan Vidyapeeth University; PG Diploma in Polymers Technologies from Indian Plastic Institute, Delhi; MBA Marketing from KSOU
- Experience: Over 35 years of rich experience in Business Strategy, Business Development, Operations and Project Management
- Term: Full-time employment
- Relationship: Not related to any Director of the Company
- Mr. Pramod Saini designated as Senior Management Personnel - Business Marketing Head 4W (Group 2)
- DIN: Not disclosed
- Qualification: MBA Marketing from EIILM University, Sikkim
- Experience: Over 33 years of rich experience with over 5 years at Lumax Industries Limited
- Term: Full-time employment
- Relationship: Not related to any Director of the Company
Cessation (Effective July 20, 2026):
- Mr. Norihisa Sato, Executive Vice President Global Relations Department, ceased as Senior Management Personnel due to changes in internal organization structure of the Company
Approval Process: All appointments and cessation were approved by the Board of Directors through Circular Resolution on July 20, 2026, based on the recommendation of the Nomination and Remuneration Committee.
Key Financial or Operational Approvals
The Board of Directors approved the designation of four individuals as Senior Management Personnel and the cessation of one Senior Management Personnel. All appointments are for full-time employment positions. No specific financial figures, capital expenditures, debt, equity-related decisions, or auditor opinions were disclosed in relation to these management changes.
Strategic or Business Context
The appointments reflect the company's focus on strengthening technological capabilities across 4W (four-wheeler) and Electronics divisions, as well as enhancing business marketing leadership for both 2W (two-wheeler) and 4W verticals. The cessation of Mr. Norihisa Sato from Global Relations Department suggests organizational restructuring in international relations functions. The new CTO 4W's priority will be to innovate products with focus on greater safety, driving comfort, lightweighting, user experience, electrification, and digitization.
Any Other Material Information
Regulatory Compliance: The disclosure is made pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Company Details: Lumax Industries Limited, Scrip Code: 517206 (BSE), Symbol: LUMAXIND (NSE)
Corporate Office: Plot No. - 878, Udyog Vihar Phase-V, Gurugram - 122016 Haryana, India
Contact: Raajesh Kumar Gupta, Executive Director & Company Secretary (ICSI M. No. A8709)